Similar to Visa and MasterCard, WayApp Pay is a payment network. Merchants affiliate to the network by signing up on https://pay.wayapp.com/sign-up. By using WayApp Pay's provided APIs, mPOS or Virtual POS, merchants, with respect to the Visa/MasterCard model, become both issuers and acquirers. Completely automated, no action needed on the side of merchants, they optionally can offer customers fully personalized value-added services such as loyalty points, discount offers, purchase financing, and much more. Users signup in https://pay.wayapp.com/sign-up, download payment QR (token) to their mobile's phone iPhone Wallet or Android Pay, and link it to a prepaid account or directly to their bank account (PSD2). Users enjoy the convenience of mobile payment, with no restrictions of phone make, credit card or banks. Have instant view of expenses with insight on categories, savings and much more! By reducing intermediaries, and using state-of-the-art security, WayApp Pay's use is complete free to users and charges merchants a fixed 0.5% commission on payments (5€ on purchases of 1.000€). Cards issued by any merchant, can be used at all other merchants within the WayApp Pay network. WayApp Pay's underpinning technology is being used by one of Spain's top regional banks http://alavuelta.abanca.com/.