Wayforpay

Wayforpay is an online payment system, which is licensed by the National Bank of Ukraine. The company is the leader in Ukraine on online payments and differs from other systems by the speed of operations, has its own android system, scoring system, as well as its own products in online lending. The company is also licensed by the National Bank of t... he Czech Republic as an issuer of electronic money. The company's offices are located in Kiev and Dnepropetrovsk, as well as in the EU in Latvia and the Czech Republic, which allows the System to operate in the European market in the field of money transfer, make electronic payments and be a leader in the European market. Wayforpay has passed the PCI DSS compliance audit. The company has implemented many online solutions in the field of risk management. Wayforpay is the own development of the unique platform. It operates with hundreds of parameters, depending on the type of the payer and the availability of data about it in various sources. From the entire data set, using the tools of machine learning, the system allows real-time tracking of scammers and unscrupulous customers. The system analyzes IP, behavioral factors, client's geolocation, device tracking, searches for matches among other payment instruments, validates addresses and customer data. This allows to fully automatize the process of scoring of payers on cards and allows to reduce the volume of fraud transactions to zero. Wayforpay is the easiest way for any business to receive the payments from its customers via site. The company has over dozen box solutions for different online businesses. Wayforpay is a Ukrainian technical partner of VISA to implement in Ukraine the first payment solution based on QR-code technology.Read More