Case Study: Timo launches an award-winning digital payment platform with OpenWay

Timo launches award-winning digital payment platform in 4 months with OpenWay

Timo, a digital bank in Vietnam, sought to launch a comprehensive digital payment platform to provide its customers with smart financial management tools, payments, savings, and lending services. The challenge was to create an intuitive and seamless user experience on a single platform that could integrate with various financial partners. To achieve this, Timo partnered with vendor OpenWay and implemented its Way4 digital payments software platform.

OpenWay implemented its Way4 platform, which provided a full set of APIs for integration and managed the entire digital card issuing and payment lifecycle. This solution allowed Timo to launch its award-winning digital banking platform on AWS in just four months. The results included a seamless customer experience, cost savings that enabled fee-free debit card transactions, and a quick, fully digital onboarding process. OpenWay's platform was key to delivering this successful and complex project.

Timo