IBA Group’s PayByCard Expanded
Aiming to expand its payBycard mobile acquiring service, IBA Group completed the integration of its proprietary solution with the processing service of Priorbank, a member of RZB Group.
IBA Group has recently proved that payBYcard meets the OpenWay EMV Validation Requirements and received a relevant OpenWay certificate. The certificate confirms that the payBYcard mobile acquiring service equipped with a Miura mobile chip and PIN device demonstrates compatibility with WAY4 Cards Management System.
OpenWay Group is a provider of WAY4, an innovative e-payment processing framework that is widely used by banks, processing, and telecom companies in EMEA, the Americas, and Asia.
As a result, the IBA Group's solutions are able to function with all processing services of OpenWay.
As of January 15, the Belarusian organizations and individual entrepreneurs who already use the payBYcard mobile acquiring service or just intend to obtain mobile terminals for cashless payments, are able to use the acquiring service from Priobank or Belarusbank. However, it is possible to open an account for mobile transactions in any Belarusian bank.
PayBYcard accepts all major types of cards, including Visa, MasterCard, and Belkart. As a result, thousands of organizations and individuals from 223 Belarusian localities use IBA payBYcard today.