Contemporary Advancement: OpenWay Broadens Presence in Francophone Africa, Focusing on State-of-the-art Digital Payment Solutions
OpenWay, a global leader in digital payment solutions, has taken a strategic step into Francophone Africa as part of its commitment to fintech innovation. The company has established a dedicated local team in Morocco and Tunisia to provide tailored support to clients in the region.
The local team is reinforced by OpenWay's global delivery expertise and a deep bench of industry specialists. This team is instrumental in consolidating all payment products on a single platform, including cards, digital wallets, A2A transfers, merchant services, crypto, and Central Bank Digital Currencies (CBDC).
Jean-Philippe Wolyniec, Regional Sales Director at OpenWay, stated that progress in Africa is a community journey, and they are proud to co-create impact with their clients and support their mission to deliver inclusive, secure, and future-ready payment experiences.
OpenWay's Way4 platform offers several key benefits to banks and fintechs in Francophone Africa. These include access to a globally recognized, award-winning digital payment platform that supports real-time, digital-first payments available 24/7. The platform also enables the launch and management of payment services across issuing, acquiring, and processing on a single platform.
Moreover, Way4 consolidates multiple payment products into one flexible, configurable, and scalable architecture. It ensures enterprise-grade security, reliability, and regulatory compliance, critical for financial institutions operating in diverse regulatory frameworks. The platform can scale seamlessly across regions and continents, facilitating regional expansion and interoperability.
The collaboration with partners and professionals from Sub-Saharan Africa ensures regional relevance and cultural proximity in every client engagement. This local presence is crucial in supporting the acceleration of fintech innovation and digital transformation by shortening time-to-market for new financial products and services.
OpenWay's entry into the Francophone African market extends its support to visionary institutions building Africa's next-generation payment infrastructure. The company has already signed a long-term technology partnership with a leading tier-1 bank in Morocco and partnered with rising fintech SanuPay in Ethiopia.
Way4 has also been chosen by financial leaders in Africa such as Equity Bank in Kenya. The platform has been recognized by Gartner and Datos as a best-in-class digital payments solution.
By combining advanced technology with regional presence and expertise, Way4 helps financial institutions in Francophone Africa modernize payment infrastructure, enhance customer experience, and expand their digital financial services efficiently and securely.
In conclusion, OpenWay's expansion into Francophone Africa marks a significant milestone in the company's commitment to fintech innovation across the continent. The local team is equipped to launch digital-first, real-time, 24/7 payment services across issuing, acquiring, and processing, paving the way for a more inclusive, secure, and future-ready digital payment landscape in the region.
[1] OpenWay. (n.d.). Way4 Platform. Retrieved from https://www.openwaygroup.com/way4-platform [2] OpenWay. (n.d.). Francophone Africa. Retrieved from https://www.openwaygroup.com/francophone-africa
- OpenWay's local team in Morocco and Tunisia, reinforced by global delivery expertise and industry specialists, is instrumental in consolidating various Fintech solutions, including cards, digital wallets, A2A transfers, merchant services, crypto, and Central Bank Digital Currencies (CBDC), onto a single, secure technology infrastructure.
- By partnering with OpenWay, financial institutions in Francophone Africa can modernize their payment infrastructure, enhancing customer experience and expanding digital financial services efficiently and securely, as demonstrated by the company's collaborations with leading banks and fintechs in the region.
- OpenWay's Way4 platform, a recognized best-in-class digital payments solution, offers several advantages to banks and fintechs in Francophone Africa, including enterprise-grade security, interoperability, and real-time, digital-first payments available 24/7, facilitating the acceleration of fintech innovation and digital transformation.
