The services include what the company is calling a 'virtual personal office.' That includes mobile payments funds transfers prepaid, debit and credit card management the ability to create payment templates for mobile and web bill presentment and payment as well as enhanced data-driven communication capabilities between the consumer and the acquiring financial institution. The WAY4 Wallet is designed to provide access to financial services via the web, mobile device or social network without requiring visits to a branch. OpenWay, a Brussels-based payment processing technology company, plans to demonstrate its WAY4 Wallet at the Cartes show this week in Paris.Įquity Bank, which has partnered with OpenWay to allow M-Pesa mobile money account holders to withdraw cash from ATMs in Kenya, will demonstrate the mobile wallet with OpenWay at the conference.
Wim Pardon, the managing director of OpenWay for the Europe/Middle East/Africa (EMEA) region, thinks his company has the answer – mobile wallet technology that includes broader marketing and transaction capabilities. Banks need to get their acts together if they're going to offer consumers mobile wallets that can compete with user-friendly offerings from savvy alternative providers such as telecom companies.The licensed software obtained on this site may not be installed or used on institutional computers located in classrooms and laboratories (except for an institutional computer assigned to a faculty member by an educational institution for the faculty member’s sole use), and may only be installed and used on the personal computer of the eligible Autodesk Education Community member.
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