Product: MTT 1571
Company: WAY Systems Inc.

Mobile terminals today can have all the bells and whistles. But how many have their own backpack?

WAY Systems' Mobile Transaction Terminal 1571 now captures debit transactions and checks, as well as credit cards. The compact unit gives mobile entrepreneurs a full function debit/credit device.

Unlike the previous MTT 1500, the 1571 is equipped with a "backpack," which includes an EMV-compliant smart card reader that is also PCI/PED-certified, according to George Devitt, Vice President and Chief Marketing Officer.

The backpack makes the unit only slightly larger and heavier than the 1500. One of the terminal's key advantages is its GPRS (general packet radio service) cell technology, which provides broad coverage within the United States, he said. The system is convenient for ISOs, because merchant information comes preloaded on the terminal by WAY Systems.

"All they have to do is power it on. There's no downloading of applications." Testing of each unit has also been completed before shipping.

The company provides both a 24/7 help desk for merchant support and regular classes for training and retraining of merchant employees.

Classes are offered via Web access and phone. "All they [agents] have to do is give the 800 number to the merchant."

In spite of the backpack, the form factor is still slight enough to fit in the hand or a shirt pocket. An optional, detached thermal printer can be worn in a holster on a belt. The terminal makes an infrared connection to the printer.

The 1571 is a dual-band device, operating at 850 and 1,900 megahertz for the U.S. and Canadian markets, respectively.

Some new features include a slightly larger color display; wider-set keys and a joystick for easier navigation; and two programmable keys to provide easier access to merchant-selectable applications.

Sales reps can use the terminal to target the virtually untapped spectrum of mobile merchants: party planners, cosmetics salespeople, handymen, plumbers, and limo and delivery drivers.

With the unit's cell connectivity, these merchants can avoid taking bad checks and over-limit debit and credit cards.

"We also see it as an alternative to dial-up terminals, in many cases," Devitt said. For brick-and-mortar shops paying for dedicated lines, this is a "no-brainer." He estimated that typical monthly service fees, which are determined by ISOs, run $20 a month.

The 16-bit microprocessor has been optimized for low power consumption. The battery lasts for up to 200 hours in stand-by mode and handles up to 300 transactions per charge. The unit stores 60 to 120 transactions.

WAY Systems Inc.
781-569-0414
www.waysystems.com