Satisfied Customers
Some of Who We Proudly Serve
FAQ's Terminal Support
Operate Credit Card Machines
Quick Reference Guides
For all Credit Card Terminals
How to read your statement
For MSI Merchant Accounts
View Statement Online
For MSI Merchant Services
Glossary of terms
Help for Merchant Accounts
WAY Systems MTT
Click here for PDF Product Sheet for the WAY Systems MTT
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, Visa
International, AT&T Wireless, Siemens Mobile and
others.
Hardware and 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