National Bankcard Systems Selects WAY Systems Mobile Transaction Terminal as Preferred Wireless POS Payment Solution

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NBS, a leading and one of the fastest growing ISO/MSPs in the United States, has endorsed the WAY Systems MTT as its preferred wireless POS payment system for mobile merchants. WAY Systems, the fastest-growing provider of wireless terminals for mobile merchants, provides the most technologically advanced product and the broadest wireless coverage available.

It was announced today by Peter Estep, President of National Bankcard Systems (NBS) and by Bruce Shirey, Chief Operating Officer of WAY Systems, Inc., that NBS has selected WAY Systems’ Mobile Transaction Terminals as its preferred wireless solution for prospective mobile merchants.

NBS will celebrate its tenth anniversary in 2007, and operates from some 500 agent locations and five company-owned offices, in addition to the firm’s headquarters location in Austin, Texas. The company has three times been named to the prestigious INC 500 list of the fastest-growing privately-held companies in the United States. According to Estep, the company will offer the MTT units through its agent network, as well as through a wholesale distribution business operated by NBS.

“Unlike some others in our field, we don’t play the ‘free terminal’ game,” says Estep. “First of all, everyone knows that no terminal is ‘free,’ and secondly, we find that merchants are willing to pay a reasonable price for terminals when they recognize the value offered. We offer a range of solutions customized to meet our customers’ needs, and we find WAY’s products to be the most cost-effective and technologically-advanced wireless products available, and our merchants’ experiences have been universally positive.”

“We couldn’t be more delighted to enjoy the endorsement of NBS for our solution,” according to Shirey. “And we’re proud to enjoy our partnership with NBS, one of the industry’s most respected provider of merchant services. We share the common objectives of delivering quality products and services to our customers with a strong focus on customer support. I’m confident that this shared vision will lead to a long and mutually beneficial relationship between our two firms.”

About National Bankcard Systems

National Bankcard Systems was established in 1997 by Austin, Texas, resident Penny Baker. National Bankcard Systems has grown into a multi million dollar credit card processing vendor. National Bankcard Systems provides merchant services including Credit Card Acceptance, Electronic Check Acceptance, EBT, Debit Card, Gift Card, ATM services, and a variety of other electronic payment methods to nearly any type of business. Inc 500 Magazine has rated National Bankcard Systems in the top 500 fastest growing businesses for three consecutive years. The Austin Business Journal has rated National Bankcard Systems as the fourth fastest growing privately held company in Austin, Texas.

About WAY System, Inc.

WAY Systems is a leading global service provider of mobile phone based Point of Sale solutions designed for millions of unwired merchants worldwide. WAY Systems has gained recognition for its award-winning end-to-end payment solution for acquirers, payment processors and POS resellers that works “out-of-the-box,” virtually anywhere. WAY Systems licenses Accessor™ -- a patented terminal technology application from Fractal Commerce Inc.


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George Devitt
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