WAY MTT®
 WAY
Systems' Mobile Transaction Terminal (MTT) combines low-cost
mobile phone technologies with the capabilities of a Point of Sale
terminal for about the price of a mobile phone. With a built-in
magnetic stripe and a smart card reader, WAY Systems' MTT is the
mobile point of sale solution with the most payment options.
WAY Systems provides more than hardware. WAY Systems'
Mobile Merchant Payment System provides a secure, encrypted, end-to-end
mobile platform for magnetic stripe and smart card payment transactions
that consist of the following components:
| MTT hardware, hardware which includes
an embedded Mobile Merchant Payment Application, a Secure Access
Module (SAM), a mobile printer, and a mobile phone. |
| SecureNet Server, a
wireless gateway server that authenticates MTT connections and
establishes an encrypted wireless communication channel and
provides remote terminal management and maintenance applications.
|
| Mobile Merchant Server,
a payment processing gateway server that integrates with payment
processing systems. |
Advantages for Merchant
Acquiring Banks and Processors
- Increase revenue by targeting new types of merchants.
- Rapid transaction times of less than four seconds.
- Fast deployment of time to market.
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