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.

• Easy set-up and activation process through Synapse
• In addition to supporting the basic retail transactions (sale, return, authorization, void, and force) the MTT also supports tip, toll and job number functions
• High-speed transaction processing via Synapse gateway, with less than 7 second response time
• Swiped transactions are eligible for card present, card swiped interchange rates
• Utilizes data-only plans; no voice plan required
• Supports combination of voice and data services as needed by merchants
• Automatically switches between online and offline modes in the event of network problems
• Available on a variety of processors