Shift4's VT4 Mobile Point-of-Sale Solution Named a Winner in 10th Annual Pay Awards

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Jan 26, 2016, 07:47 ET

Shift4 is dedicated to maintaining the trust of more than 24,000 merchants who rely on their DOLLARS ON THE NET(R) payment gateway to process upwards of half a billion credit, debit, and gift card transactions each year. Shift4's commitment to innovation keeps them at the forefront of emerging technologies including P2PE, mobile payments, EMV, and tokenization. Shift4 helps businesses secure the lowest possible payment processing rates and protect their brands by securing their customers' card data.

LAS VEGAS, Jan. 26, 2016 /PRNewswire/ -- Shift4 Corporation, provider of the world's largest independent payment gateway, announced today that its VT4^® mobile point-of-sale solution was selected as a 2016 Pay Awards winner in the Best M-POS Solution category. For 10 years, Pay Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for payments executives.

VT4 provides merchants of any size in any industry with a fast, convenient and secure way to accept credit, debit, prepaid and gift card transactions both online and offline from any smartphone, tablet or laptop. VT4 is EMV ready and also enables merchants to accept payment by cash, check, member account and mobile wallet, such as Apple Pay™. First used by PGA TOUR during the PC Financial Open at Point Grey Golf and Country Club in Vancouver, B.C., Canada, VT4 was made generally available in September 2015, and has already been adopted into a variety of merchant environments, including retail, hospitality, food and beverage, and more.

Dave Oder, CEO, Shift4, said, "Shift4's mission is to empower merchants by providing payment solutions that enhance their daily business practices. VT4 allows merchants to process payments wherever their patrons may be while ensuring that their payments are always fast, secure and reliable. This industry recognition reminds us that we're on the right track as we continue to innovate on behalf of our customers."

VT4 was selected by an expert judging panel that evaluated nominations from around the world.

"We've been recognizing excellence and innovation in payments for 10 years. We saw nominees from across the globe tackling payments problems with mastery and ingenuity," said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. "From Silicon Valley startups to established powerhouses, the winners in this year's competition reflect a dynamic industry with no sign of slowing its pace of expansion and change. We're proud to recognize Shift4 Corporation's contributions to advancing payments by providing flexibility to retailers and small businesses."

Shift4 and VT4 will now vie for Best-in-Category distinction, which will be announced during the Pay Awards ceremony on March 21 at the All Payments Expo in New Orleans, LA. Visitors to Paybefore.com will have a chance to vote on Best in Category through February 29. The outcome of this vote will be combined with the judging panel picks to determine the Best-in-Category honorees.

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.

About Paybefore
Paybefore is the leading information provider to prepaid, mobile and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefore's family of media properties includes: Paybefore.com; Pay News; Pay Gov; Pay Week; Pay Op-Ed; Pay Magazine, Pay Awards Magazine and a global payments directory, Pay Connect available online. Visit us at www.paybefore.com.

Media Contacts
Nathan Casper
Shift4 Corporation
702.597.2480
[email protected]

Jessica M. Pasko
Nadel Phelan, Inc.
831.440.2412
[email protected]

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SOURCE Shift4 Corporation