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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:
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- 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.
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