Payway

What is Payway and what do they do?

Payway is a digital payment processor that specializes in providing a wide range of payment solutions for businesses. Its core services include processing card payments, managing recurring billing, and offering point-of-sale (POS) systems. Payway aims to facilitate seamless transactions for merchants by providing tools that enhance customer payment experiences and optimize payment workflows.

The company’s primary offerings encompass online payments, mobile payments, and various integrations with e-commerce platforms. Payway supports multiple currencies and enables businesses to accept various payment methods, including credit and debit cards, digital wallets, and bank transfers. Additionally, their technology allows for customized payment solutions that cater to specific business needs.

Who is it for?

Payway serves a diverse clientele that includes small to medium-sized enterprises (SMEs) as well as larger corporations. The company provides payment solutions for a variety of industries, including retail, e-commerce, hospitality, and travel. While it is primarily known in select regions, particularly in Europe and parts of Asia, specific industry usage can vary by location and market demand.

Why do businesses choose Payway?

Businesses select Payway for several verified strengths and benefits:

• Integration Flexibility: Payway offers various integration options, including APIs and plugins for major e-commerce platforms. This flexibility allows businesses to incorporate Payway’s payment solutions easily into their existing systems.
• User-Friendly Interface: The platform features an intuitive user interface that simplifies the payment process for both merchants and customers, enhancing the overall user experience.
• Diverse Payment Options: By supporting multiple payment methods and currencies, Payway enables businesses to cater to a wider customer base, which can potentially increase sales.
• Comprehensive Reporting Tools: Payway provides robust analytics and reporting capabilities, allowing businesses to track transactions and gain insights into customer behavior, aiding in strategic decision-making.
• Reliable Customer Support: The company is known for its customer service, offering support to address inquiries and technical issues promptly.

Businesses using Corefy can simply obtain a MID from Payway and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.

Is Payway trustworthy?

Payway operates under competitive industry standards and employs various security measures to protect transaction data. The company is compliant with the Payment Card Industry Data Security Standard (PCI DSS), which is essential for any payment service provider handling card transactions. This compliance ensures that Payway adheres to strict security protocols and best practices in safeguarding sensitive payment information. Additionally, it has established measures to enhance fraud detection and prevention, maintaining the integrity of its payment processing.