JIVF has chosen the Way4 digital payments platform with the goal of creating the most aggressive, cutting-edge, and alluring credit programmes in the Vietnamese market.
Given its expertise and experience both globally and in Asia, JIVF is putting its trust in its cooperation with OpenWay and is relying on Way4, OpenWay’s best-in-class digital payment software solution. A BNPL solution with LOTTE Finance, Timo, an API-based digital bank that was launched in the AWS cloud in just 4 months, and SmartPay, a successful financial inclusion wallet with over 650,000 merchants and 40 million users, are just a few of the successful projects by OpenWay that have been launched in Asia. Way4 offers clients the ability to create highly customised credit products with numerous implementation options, including on-premise, in the cloud, and as a dedicated SaaS. Globally utilised Way4 payment software is available for deployment on popular cloud computing infrastructure, including AWS, Microsoft Azure, Oracle Cloud (OCI), and others, as well as in private clouds. The first OpenWay installation in the Oracle Cloud in Southeast Asia is the Way4 platform for JIVF.
Way4 is an all-encompassing system that includes a distinctive online core, account and events administration, dynamic pricing, automated workflows, card issuance and wallet management, merchant management, omni-channel, authorization and settlement, current APIs, and IPS interfaces. JIVF will be able to manage the entire lifecycle of their payment goods and provide a fantastic online customer experience thanks to this. Managed services and end-to-end technical operations for JIVF are only two of the choices that OpenWay provides to the organisation to assist it reduce operational costs. The organisations’ agile teams will work closely together to develop competitive goods and co-branded credit plans with individualised rewards and installments. The JIVF team can quickly introduce novel card products, develop fresh partnership campaigns, and meet the rising demand for consumer credit thanks to the Way4 platform.
Mr. Taniguchi Noboru, General Director, JIVF: “We think that in order to dominate in a new market and maintain that lead, we must collaborate with respected leaders. We chose OpenWay because the high quality of the Way4 platform, quick time to market, successful local and worldwide OpenWay experience, outstanding client support, and high operational efficiency were essential to us. Additionally, the OpenWay team has shown a high level of technological proficiency and ability that will enable us to expand our credit financing business and meet the rising demand for credit products among our Vietnamese consumers.
Mr. Nguyen Manh Ha, General Director, OpenWay Vietnam: “In the Asian region, consumer credit has experienced significant growth, and OpenWay’s job is to provide financial institutions and fintechs with the best payment solutions so they may develop unique competitive products. In addition to being fully committed to providing best-in-class payment solutions and supporting the company’s strategic goals, we are thrilled to work with JIVF. We will be able to satisfy the high standards of JIVF and make sure that JIVF will have the greatest support in reaching its goals thanks to OpenWay’s global and 15-year leadership in Vietnam.”