WAY Systems (Now Verifone) Selects Paybyweb as Exclusive Sales Distributor of MTT-1510 Wireless Credit Card Terminals

Oct 28, 2010, 10:13 ET from Paybyweb, Inc.

PINELLAS PARK, Fla., Oct. 28 /PRNewswire/ -- Paybyweb, Inc. a leading provider of Merchant Accounts, credit card terminals, and payment processing announced today that it has been selected by WAY Systems, manufacturers of mobile POS solutions to be the sole distributor of the very low-cost MTT-1510 mobile/wireless credit card terminal.

The MTT-1510 represents the highest number of terminals WAY Systems has ever sold and we are very pleased that Paybyweb has taken 100% of our final inventory of new MTT-1510's for resale in the broad market said Tim McWeeney, Vice President North American Sales for WAY Systems.

"We have found the MTT terminals from Way Systems to be the most reliable, as well as economically viable option, for most merchants looking for wireless/mobile credit card processing.  We are very pleased with the opportunity to distribute these wireless terminals and look forward to continued distribution agreements with Way Systems in the future," said David Weiss, Paybyweb's President and Chief Executive Officer.

About WAY Systems, Inc. (Now Verifone)

WAY Systems has designed, developed, tested and delivered end to end payment solutions for mobile merchants all over the world. Our products and services are designed to meet the payment transaction needs of mobile merchants and exceed industry security standards.

We empower merchants to conduct business any time anywhere and increase their revenue by accepting credit and pin based debit cards.

WAY's innovative mobile POS devices and dedication to service make us the ideal partner for you to conduct Transactions Without Boundaries. Users of WAY terminals are invited to explore the limitless possibilities of commerce.  WAY Systems was recently acquired by Verifone Systems, Inc.

About Paybyweb, Inc.

Paybyweb has been providing merchant processing and payment options to businesses since 1992.  From start-ups to Fortune 100 companies, Paybyweb's service and support have helped make it a Market Leader in providing merchant accounts, check by phone, list management, website services, and consulting.  Their unique strategy of up-front posting of fees, Blogs, Twitter, and Email newsletter encourage merchants, both existing and prospective, to learn more about the ins and outs of the Merchant Account space.  (www.paybyweb.com)

SOURCE Paybyweb, Inc.