Mobile phone POS terminal is revolutionizing the industry

BOSTON -- WAY Systems, Inc., a leading provider of mobile phone based point-of-sale solutions, says its recent release, the Mobile Transaction Terminal (MTT), is gaining recognition within the arts and crafts industry nationwide, with millions of mobile merchants processing credit card transactions with this product. The MTT is unique in that it has transformed mobile phones into secure point-of-sale terminals, which enables independent sales organizations to quickly provide merchants with a preactivated wireless data service that is ready for transaction processing upon delivery. The benefits to merchants, as well as the independent sales organizations who serve them, are finding new revenue streams for credit and debit payment transactions through the POS terminals.

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"I leave for an event and my point-of-sale terminal fits neatly in my pocket," says Jaime Cassavoy, an accomplished jeweler.

"Coverage is paramount to my ability to process sales, which are typically conducted at remote locations such as exhibits and trade shows," says Philippe Guillerm, a renowned sculptor. With the pocket-size MTT wireless device, we simply swipe a card, obtain authorization and print a receipt virtually anywhere my business takes me."

Greg Lewis, CEO of WAY Systems, Inc., says, "Making payment transactions more affordable, convenient and location-independent is the business value that MTT brings to mobile merchants. We are pleased with the rapid adoption of our technology among industry leaders who have made [the product] an integral part of their daily lives, wherever their business takes them."

For more information, call 781-569-0413; visit www.waysystems.com.

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