|Way Systems MTT Wireless
Credit Card POS Terminal
The Way Systems Mobile Wireless
Solution offers wireless payment solutions for merchants on
Way Systems offers cellular phone-based wireless point of
sale POS) card terminals that weigh less than a pound, are
easy to use, affordable, and work on the GPRS network.
Using a Way System offers a flexible and secure payment gateway
that processes and supports all major credit cards and processors.
You'll be ready for business no matter where you are!
End-to-end managed services including terminal deployment,
wireless account set-up and activation, and 24x7 customer
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|WAY Systems MTT Product Overview
WAY Systems‘ Mobile
Transaction Terminal (MTT) combines low-cost mobile phone technologies
with the capabilities of a Point of Sale terminal at a price significantly
lower than a traditional Mobile POS terminal.
In addition, the MTT product integrates the security and functionality
of POS/ATM terminals with the convenience of mobile phones to create
a device that accepts payment and provides mobile communications
almost anywhere at any time. With built-in magnetic stripe and smart
card readers plus an external infrared printer, WAY Systems' Mobile
Merchant Payment System provides a secure, encrypted, end-to-end
mobile platform for payment processing.
Using GSM/GPRS, the international wireless standard, WAY's Mobile
Transaction Terminal (MTT)™ is the first “out-of-the-box”
wireless POS device bundled with a wireless data service plan already
activated and ready to process transactions upon delivery.
The MTT™ operates with WAY's Mobile Merchant Server™,
a secure end-to-end Transaction Processing Server that connects
easily to Acquirers, Processors and Payment Gateways. Included in
WAY Systems' technology offerings and Intellectual Property are
the global exclusive rights from Fractal Commerce's Accessor™
technology for Merchant POS. WAY was awarded the “Best New
Banking and Finance Application”: award at CARTES03, the industry's
premier card and payment event. Headquartered in Boston with offices
in Shanghai, Hong Kong and Singapore, WAY Systems is a privately
held company funded by payment industry veterans and entrepreneurs.
It has strategic Alliances with Payment and Mobile Industry Leaders
such as TNS, AT&T Wireless, Siemens Mobile and others.
- The MTT product consists of the following components:
- Mobile phone
- The MTT is an electronic device that consists of a mobile phone,
smart card reader and magnetic stripe card reader.
- Mobile printer (optional): The MTT printer is a miniature thermal
printer with a wireless infrared (IrDA) interface.
- Optional internal PIN pad available in Q’1, 2005
- Data Only SIM Card pre-activated for immediate use
- Embedded Mobile Merchant Payment Application with optional
functionality including Tips, Tolls & Invoice Numbers.
- Secure Access Module (SAM)