NEW YORK, Jan. 14, 2016 /PRNewswire/ -- (NRF Booth #4335) – The EMV liability shift date is in the rearview mirror, but the threat of data breaches and credit and debit card fraud are still looming. Retailers are seeking comprehensive payment processing solutions that will support their daily business operations while keeping consumers' payment card data protected.
At National Retail Federation's Annual Convention and EXPO (Retail's BIG Show), a Shift4 Corporation representative will be alongside one of their integration partners, Multidev Technologies Inc., to demonstrate to retailers how they can securely process payments in even the most complex omnichannel settings.
Shift4's DOLLARS ON THE NET® payment gateway integrates with Multidev's ChainDrive retail management solution to offer retailers the latest payment security technologies, including:
- Support for EMV chip-embedded credit and debit cards: Shift4 has been processing EMV payments in Canada since 2010 and is certified for U.S. EMV with multiple processors and payment devices.
- Support for NFC/contactless: DOLLARS ON THE NET enables mobile wallet acceptance, including Apple Pay™, Android Pay™, Samsung Pay™, and more.
- True P2PE™ (point-to-point encryption): True P2PE encrypts all cardholder data (CHD) at the point it first interacts with a payment device. This keeps retailers' points of sale and payment processing environments free from the burden of storing sensitive CHD, greatly reducing the risk of a data breach while maintaining PCI compliance.
- TrueTokenization®: TrueTokenization replaces sensitive CHD with a random, unique, alphanumeric value called a TrueToken® to simplify PCI compliance and ensure that CHD isn't stored in payment systems. When combined with True P2PE, TrueTokenization allows retailers to keep the daily business practices that typically require CHD intact while assuring that they do not store, process, or transmit sensitive CHD.
Daniel Montellano, Shift4 Director of Strategic Business Development, said:
"Shift4 is proud to leverage our innovative technologies to make adopting EMV simpler for both merchants and the software providers that partner with us. Through our integration with Multidev, retailers are now able to make a seamless transition to EMV and implement the industry's best payment security technologies at the same time."
Melanie Frank, Director of Marketing for Multidev Technologies Inc., said:
"We're excited to have Shift4 alongside Multidev Technologies at the show and look forward to collaboratively educating retailers on the value of our retail products and services."
Visit Shift4 at Booth #4335 to see a demo of the integration.
To learn more about Shift4's DOLLARS ON THE NET payment gateway, visit shift4.com/gateway.
To learn more about Shift4's Partner Program, visit shift4.com/partner.
About Shift4 Corporation
Shift4 Corporation makes it simple for merchants across all industries to securely process credit, debit, and gift card transactions. With connections to nearly every bank and processor in North America and integrations to hundreds of PMS and POS systems, Shift4's DOLLARS ON THE NET® is the world's largest independent payment gateway. Shift4 provides pre- and post-settlement auditing capabilities, fraud prevention tools, support for emerging technologies like EMV and mobile payments, and security solutions such as TrueTokenization® and True P2PE™, which drastically simplify PCI compliance. Shift4 is a proud merchant advocate, maintaining complete bank and processor neutrality to ensure that their customers have the freedom to switch banks and processors as needed. For more information, visit shift4.com.
Jessica M. Pasko
Nadel Phelan, Inc.
SOURCE Shift4 Corporation