How Weavr works Weavr is a framework for combining diverse banking and payments services to create your perfect solution. There is no need for separate integrations or separate contracts — every service is implemented so that it automatically interoperates with every other service. Cards Virtual Cards - Issue Mastercard virtual cards in real-time, choosing the currency (currently GBP, EUR or USD). We support both one-time and multiple use cards. Physical Cards - Issue Mastercard contactless plastic cards to your employees or customers. Choose the currency and set limits on each card. We offer on-demand and bespoke cards meaning you can customise the card to match your branding. Designs are subject to approval. Wearables - We support a range of off-the-shelf Mastercard-powered wearable devices. We also support your own devices as long as they are based on supported NFC chips. Set spend controls - Set spending limits per transaction, account or merchant. Real time notifications - Receive real-time webhook notifications within your API when your account balance is running low or you're about to hit a pre-agreed threshold. Contactless pay - We support both Google Pay and Apple Pay. IBANs Instantly generate IBAN - Open IBAN-enabled accounts instantly in GBP and EUR. We support both consumer and business accounts, subject to status. Bank Transfers - We support in-bound and out-bound bank transfers via UK Faster Payments (GBP), SEPA (EUR) and SWIFT (Multiple currencies) Sandbox & Integration Tools API - Easy to use APIs, defined in OpenAPI standard to be supported by industry standard tools like Swagger. Simulators - Simulate a diverse range of banking, payments and on-boarding activity to test your banking engine and your complete application before launching. Compliance & Security Embeddable onboarding - Simply style and embed our customer on-boarding widgets and we will handle document collection and verification, liveness checks as well as anti-money laundering review so that you don't have to. Secure UI tools - UI components to integrate sensitive banking data exchange into your User Interface without the burden of PCI DSS security certification. Data & Reporting Interactive data manager - Access and interact with all the banking data your embedded banking solution creates. All presented in a way that helps you find it and act on it, while avoiding back-breaking compliance burdens. Transaction Reporting - Generate and export transaction statements easily to help with reporting and reconciliation. Real-time notifications - Receive real-time notifications of events as they happen - such as when funds hit your account, or your customer's account has been opened. Customer Charges Charge your customers on their usage - You can define customer charges and we will automatically collect these for you. Powerful but easy to configure charging engine lets you charge for Deposit and withdrawal fees, Purchase fees, Transfer fees, Forex fees, Refund fees, and Chargeback fees.
