Vendor Updates

Shift4 Payments

2014 Spring
Las Vegas, NV
http://www.shift4.com

About Shift4
Shift4 Corporation provides one of  the world’s largest independent payment processing gateways, DOLLARS ON THE NET®. Boasting 20 years in the payments industry with absolute bank and processor neutrality, Shift4 is merchant centric, helping more than 24,000 clients in numerous industries secure the best discount rates while providing industry-leading security, speed and reliability. The inventor of tokenization, Shift4 has processed more than five billion tokenized transactions since coining the term in 2005. Shift4’s DOLLARS ON THE NET 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 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 their bank or processor, ensuring that transaction data is accurately collected and securely transmitted so that transactions qualify for the best possible discount rates.

Shift4’s security technologies, included at no additional charge with DOLLARS ON THE NET, provide true security and simplified PCI compliance by taking cardholder data (CHD) out of the merchant’s system.
• Shift4’s TrueTokenization® – The original tokenization technology that replaces CHD and addresses issues associated with the long-term storage of this sensitive data
• Universal Transaction Gateway® (UTG®) – A Payment Application Data Security Standard (PA-DSS) validated application that offers the highest level of security, reliability and speed when transmitting sensitive CHD between an integrated merchant system and DOLLARS ON THE NET
• 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
• 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
• 4Res® – Sits between the central reservation system (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 they are not a Shift4 client

Hospitality-specific Advantages
Advantages for the hospitality industry include:
• An average of 99.98 percent system uptime – one of the best averages in the industry
• Bank and processor neutrality
• More than 350 unique PMS/POS integrations
• Ability to audit and correct transactions before settlement to reduce errant transactions and their related fees and fines
• Archive of transactions for up to 24 months of data
• Direct processing to American Express eliminates third-party processing fees while accelerating the availability of funds
• Fraud Sentry® protects against trusted employee fraud
• Hospitality-specific security tools including 4Res and 4Word
• 24/7 world-class, Las Vegas-based customer support at no additional cost

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



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