Way Systems MTT^TM 1500 is a pocket-size mobile solution that consists of a mobile phone, smart card reader, and magnetic stripe card reader and is used to perform payment transactions.

 An external printer with a wireless infrared interface is provided to print transaction receipts. The MTT is intended for use in either a stationary location (such as a store) or a mobile environment (such as a taxi).

The Mobile Transaction Terminal (MTT) is the industry’s first out-of-the-box, competitively priced packaged solution, featuring the GPRS/GSM wireless network data service.