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Head-to-head · Card Issuing Platforms

OpenWay Way4 vs HPS PowerCARD

  • Updated Oct 2026
  • Both researched from official sources
  • 6 checks side by side
Higher score OpenWay Way4 #1 in Card Issuing Platforms 9.4/10 Pricing on request ✓ 6 of 6 features Visit OpenWay
HPS PowerCARD #3 in Card Issuing Platforms 9.1/10 Pricing on request ✓ 4 of 6 features Visit HPS

OpenWay Way4 leads on 0 checks, HPS PowerCARD on 0, and 6 are even. Who comes out ahead on the 6 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreOpenWay Way4 · 9.4/10
  • Most featuresOpenWay Way4 · 6 of 6

OpenWay Way4 scores higher on our rubric for card issuing platforms: 9.4 against 9.1 out of 10; our editors rank them #1 and #3.

On card program support, HPS PowerCARD gives you Enterprise where OpenWay Way4 offers Multi.

OpenWay Way4 is the better fit for banks needing broad deployment options. HPS PowerCARD is the better fit for large banks and enterprise processors.

  • OpenWay Way4 fits best

    Banks needing broad deployment options

  • HPS PowerCARD fits best

    Large banks and enterprise processors

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Side by side

Feature OpenWay Way4 9.4/10 Visit ↗ HPS PowerCARD 9.1/10 Visit ↗
At a glance
Editor score 9.4 9.1
Ranking #1 in Card Issuing Platforms #3 in Card Issuing Platforms
Best for Banks needing broad deployment options Large banks and enterprise processors
Pricing model Paid Paid
Starting price Pricing on request Pricing on request
Free plan Not checked yet Not checked yet
Free trial — —
Deployment Cloud, Self-hosted Cloud, Self-hosted
Platforms Web Web
Support Email, Docs · 24/7 Email
Compliance SOC 2, ISO 27001, GDPR, PCI DSS, 2FA GDPR
Integrations 13 integrations 200+ integrations
Built for Mid-market, Enterprise Mid-market, Enterprise
Features OpenWay Way4 6/6 · HPS PowerCARD 4/6
Virtual cards ✓ ✓
Physical cards ✓ ✓
Issuing API ✓ ✓
Spend controls ✓ (best) Not checked yet
Funding and balances ✓ ✓
KYC/KYB tools ✓ (best) Not checked yet
Specs
Card program support Multi Enterprise
Our review
Pros
  • Supports credit, debit, prepaid, virtual, corporate, fleet, and multi-currency cards
  • Combines issuing, authorization, KYC/AML, settlement, reconciliation, and fraud monitoring
  • Offers SaaS, cloud, on-premises, hybrid, web, API, and self-hosted deployment options
  • Supports credit, debit, prepaid and corporate card portfolios
  • Offers physical and virtual cards across currencies and institutions
  • Combines fraud, disputes, collections and tokenization capabilities
Cons
  • Enterprise pricing requires contacting OpenWay’s sales team
  • Its broad payment scope may exceed the needs of simpler card programs
  • Implementation may require integration with external systems and payment networks
  • Commercial terms require contacting HPS
  • Enterprise scope may exceed the needs of smaller issuers
  • Spend controls and KYC/KYB tools are not verified
Our verdict

OpenWay Way4 is a real-time payment software platform for banks, payment processors, fintechs, telcos, retailers, and other payment institutions. Its card-issuing scope covers credit, debit, prepaid, virtual, corporate, fleet, and…

Read the review →

HPS PowerCARD is a modular card and payment-processing suite for banks, financial institutions, retailers, card processors and other issuers. Its PowerCARD-Issuer component supports credit, debit, prepaid and other payment products across…

Read the review →
  1. OpenWay Way4Card Issuing Platforms 9.4Pricing on request
  2. HPS PowerCARDCard Issuing Platforms 9.1Pricing on request

Strengths and trade-offs

  • OpenWay Way4 — where it wins

    • Supports credit, debit, prepaid, virtual, corporate, fleet, and multi-currency cards
    • Combines issuing, authorization, KYC/AML, settlement, reconciliation, and fraud monitoring
    • Offers SaaS, cloud, on-premises, hybrid, web, API, and self-hosted deployment options

    Where it doesn't

    • Enterprise pricing requires contacting OpenWay’s sales team
    • Its broad payment scope may exceed the needs of simpler card programs
    • Implementation may require integration with external systems and payment networks

  • HPS PowerCARD — where it wins

    • Supports credit, debit, prepaid and corporate card portfolios
    • Offers physical and virtual cards across currencies and institutions
    • Combines fraud, disputes, collections and tokenization capabilities

    Where it doesn't

    • Commercial terms require contacting HPS
    • Enterprise scope may exceed the needs of smaller issuers
    • Spend controls and KYC/KYB tools are not verified
  • OpenWay Way49.4/10 · Pricing on request

    A broad card-issuing platform for banks that need flexible deployment and processing depth.

    Visit OpenWayFull verdict →
  • HPS PowerCARD9.1/10 · Pricing on request

    An enterprise card-processing suite for complex, multi-product issuing programs.

    Visit HPSFull verdict →

More comparisons

All card issuing platforms comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update