Vendor Updates

Shift4 Payments

2012 Fall
Las Vegas, NV
http://www.shift4.com

About Shift4
Shift4 Corporation is one of the world’s largest independent payment processing gateways, serving more than 20,000 clients in multiple industries. Boasting more than 350 PMS/POS integrations and absolute bank and processor neutrality, Shift4 is merchant centric, helping clients secure the best discount rates while providing industry-leading security, speed and reliability. The inventor of tokenization, Shift4 has processed more than 3 billion tokenized transactions since coining the term in 2005. Shift4’s DOLLARS ON THE NET® payment gateway provides unparalleled pre and post-settlement auditing capabilities, fraud protection and drastically simplified PCI compliance.

Today, nearly 30 percent of the U.S. hospitality industry uses DOLLARS ON THE NET. Shift4 understands the payment problems that hoteliers face and it has tools uniquely designed to help combat those issues.

Secure Payment Processing
Shift4’s software-as-a-service (SaaS) DOLLARS ON THE NET is one of the most powerful and comprehensive enterprisewide payment processing solutions available for both card-present and card-not-present transactions. It serves as a real-time, Web-based payment gateway between a merchant’s property management system (PMS) or point-of-sale (POS) system and his bank or processor, ensuring that transaction data is correctly collected and transmitted so that transactions qualify for the best possible discount rates.

Shift4 security technologies, included at no additional charge with DOLLARS ON THE NET, enhance protection and simplify PCI compliance by taking cardholder data (CHD) out of the merchant’s system. 4Go® allows merchants to eliminate the security vulnerabilities associated with handling CHD as it travels over internal networks or is stored in local log files. It becomes the payment application of record so a PMS/POS remains out of PCI scope. Shift4’s TrueTokenization® is an original tokenization technology that replaces CHD and addresses issues associated with the long-term storage of sensitive CHD. The Universal Transaction Gateway® (UTG®) is an application that intelligently provides security, reliability, usability, speed, adaptive routing and offline handling between the merchant’s PMS/POS and DOLLARS ON THE NET. 

Shift4 offers one of the most comprehensive payments security solutions for hospitality merchants with three new technologies including:

  • 4Res™ – Sits between the CRS and hotel properties. It strips clear-text CHD from reservations before they enter the hotel environment.
  • 4Word™ – A secure, controlled method for sharing payment data with an authorized third party, even if it is not a Shift4 client.
  • Point-to-point encryption (P2PE) –Shift4’s customers who use the UTG can simply order a supported device, plug it in and receive all the benefits of P2PE.

Hospitality-specific Advantages
Some advantages specific to the hospitality industry include:

  • 99.98 percent system uptime
  • Bank and processor neutrality
  • More than 350 unique PMS/POS integrations
  • Audit and correct transactions before settlement to reduce errant transactions and their related fines
  • Transactions are archived for up to 24 months
  • Direct processing to American Express eliminates third-party processing fees while accelerating the availability of funds
  • Fraud Sentry® protects against trusted-employee fraud
  • 24/7/365 support at no extra cost

For more information, contact Shift4 today at (800) 265-5795 or info@shift4.com.



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