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Mobile Merchants We Welcome them We train them We support them. Wireless POS Growth. Mobile POS could account for close to 50% of all POS terminals sold by 2011 Over the past three years wireless units deployments have grown at a rate of 20% annually
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Wireless POS Growth • Mobile POS could account for close to 50% of all POS terminals sold by 2011 • Over the past three years wireless units deployments have grown at a rate of 20% annually • Forward thinking ISO’s have begun to make the shift to balance their merchant portfolio to take advantage of the new business opportunity Source: Yankee Group, Nilson Report
Market Segments • Contractors & Service Providers Plumbers, HVAC, Electrical, Maid Services • Transportation Taxis, Limousines & Shuttles • Trucking, Towing and Recovery Trucking Companies and Tow Truck Operators • Holiday/Winter Christmas Tree, Line-busting, Snow Plow, Heating Oil • Hobbyists Flea Markets, Craft Fairs, Antique Dealers, Gun Shows • Seasonal & Special Events Fireworks, Sporting, Concert • Home and Office Delivery Food, Supplies • Home Based Businesses/Individual Franchises Cosmetics, Cooking, Healthcare, Cleaning
How do find Mobile Merchants • Not as hard as you would think: • Yellow pages • Online • In print • Local associations and unions • Simply look up unions online • Go to a national website like Mary Kay type in your zip code • Stop and find local cleaning services
Traditional Mobile Processing- What's wrong with this transaction? • Remote Terminal/Virtual Terminal • Card number written down and entered later… • Card number called in to home office… • Card number written down wrong? • Over their limit? • Extremely high Interchange rates- CNP • 100% Merchant liability • Friendly/Criminal Fraud • Overcome consumer reluctance • Checks bounce... Use PIN Debit
Way Value/Objection Handling • Telling isn’t selling… • Must be a conversation • NOT bright, shiny, new (GPRS/CDMA) • Avoid yes/no questions • Ask negative questions • I’m sure you never experience x…? • Let them talk…
Way Value/Objection Handling • Do not accept cards today • Used to take cards… • Too expensive (card present with Way) • Chargebacks/Declines (card present) • Too complicated (simple, cell phone form factor) • Never accepted cards • Can’t I’m mobile... • Cash/Check only (lost opportunities, collection issues)
Way Value/Objection Handling • Accept cards today • Virtual Terminal/Remote terminal • Card not present fees/downgrades • Chargebacks (fraud/friendly fraud) • Declines (over limit, written down wrong) • Knuckle-buster • Declines? • Funding time? (7 to 10 days)
MTT Value Proposition • Mobile Solution Designed for Mobile Merchants • Most Affordable Wireless Solution • Lower Interchange Rate • Card present rates not CNP penalties • Guaranteed Payment • Increase Sales • Higher Average Ticket • Increased Customer Satisfaction
Way5000- What’s New • Sleek New Design! • No Backpack • Large back-lit screen • Joystick navigation • Powerful New Hardware! • Expanded Memory • Longer Battery Life (replaceable) • Enhanced Connectivity (Jasper) • PIN Debit on the front
Way5000- What’s New • New Operating System • No login process • Instant on/off • Multi-App Enabled • Check Q2 2009 • Gift Q2 2009 • Custom applications available • SDK Available • Update Way Control Center • Full OTA Updatable (OS and Apps)
Thermal Printing Get to know the MP100 Printer Easy Loading “Drop-in” Paper Design Power Indicator Infrared MTT Interface Paper Advance
Top Merchants to sell now in greenTop Merchants to seed now in orange