Vendor Updates

Shift4 Payments

2015 Spring
Las Vegas, NV
http://www.shift4.com

About Shift4
Shift4 provides one of the world’s largest independent payment gateways, DOLLARS ON THE NET®, to more than 24,000 clients in the United States, Canada and the Caribbean. Boasting 20+ years in the payments industry and complete bank and processor neutrality, Shift4 is proudly merchant centric, helping to secure the best discount rates while offering industry-leading speed, security and reliability. The inventor of tokenization, Shift4 has processed more than 5 billion tokenized transactions since coining the term in 2005. Shift4’s DOLLARS ON THE NET provides unparalleled pre and post-settlement auditing capabilities and accounting features, fraud protection and drastically simplified PCI compliance.

Today, nearly a third of all the hotels in North America use DOLLARS ON THE NET. Shift4 understands the payments challenges that hoteliers face and has integrated payment solutions designed specifically to combat those issues.

Secure, Integrated Payment Processing
DOLLARS ON THE NET is one of the most comprehensive integrated payments solutions available for processing both card-present and card-not-present transactions enterprisewide. It serves as a real-time, Web-based payment gateway between a merchant’s point-of-sale (POS) system or property management system (PMS) and their bank or processor.

Shift4 ensures that its merchant customers never store, process or transmit sensitive cardholder data, simplifying PCI compliance and greatly reducing the risk of a breach, with the following security technologies:

  • Shift4’s Universal Transaction Gateway® (UTG®) – A PCI Payment Application Data Security Standard (PA-DSS) validated application that offers the highest level of security, reliability and speed when transmitting sensitive cardholder data between an integrated merchant system and DOLLARS ON THE NET.
  • True P2PE (Point-to-point encryption) – With encryption at the swipe, True P2PE keeps CHD out of the payment environment, reducing the PCI scope and protecting the brand from the harmful effects of a data breach.
  • TrueTokenization® – The original tokenization technology, which replaces cardholder data and addresses issues associated with the long-term storage of sensitive payment data.
  • VT4™ – Shift4’s mobile payment solution designed with enterprise in mind, allowing merchants to turn any smartphone, tablet or laptop into a P2PE-secured, mobile POS.
  • 4Go® – Another one of Shift4’s PA-DSS validated applications, 4Go allows merchants to eliminate the security vulnerabilities associated with handling cardholder data 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 cardholder data 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 customer.

Hospitality-specific Advantages
Advantages for the hospitality industry include:

  • 100 percent bank and processor neutrality
  • More than 350 unique POS/PMS integrations
  • Auditing and accounting features to reduce errors and their related fees and fines
  • 24-month transaction archive
  • Direct processing to American Express, eliminating third-party processing fees while accelerating the availability of funds
  • Protection against trusted employee fraud delivered through Fraud Sentry®
  • Hospitality-specific security tools, including 4Res and 4Word
  • Support for EMV in the United States and Canada
  • 24/7/365 world-class, Las Vegas-based customer support

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



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