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 payments and provides mobile communications almost anywhere at any time. With the 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.
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Possible
Markets:
Capitalizing on the upcoming
growth of wireless POS terminals in
the U.S., WAY Systems segments the
market into three categories
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Merchants that do not accept
card payment (only cash or credit)
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Merchants that accept card
payment without a POS Terminal and
now need a fast, hand held mobile
terminal
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Merchants that will switch from
wired to wireless POS or from
wireless GPRS wireless
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Other Information:
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