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LAS VEGAS, Aug. 7 /PRNewswire/ -- Merchants facing deadlines to complywith Payment Card Industry Data Security Standards (PCI DSS) and protectagainst credit card data theft have a secure and cost-effective alternativeto investing in new point-of-sale and data storage systems. Shift4Corporation (http://www.shift4.com) offers a payment processing system thatintegrates with existing systems and is certified to be in compliance withall Card Association regulations and recognized by Visa USA as compliantwith PCI DSS. (Logo: http://www.newscom.com/cgi-bin/prnh/20061121/LATU024LOGO ) $$$ ON THE NET(R) (Dollars on the Net) provides authorizations andsettlements for credit, debit, check, private-label and gift cardtransactions. This system is based on Tokenization technology -- developedand publicly released by Shift4 in 2005 -- that provides a greater level ofsecurity by removing all usable personal card data from the entiretransaction process, including point-of-sale devices. $$$ ON THE NET iscertified to be in compliance with all card association regulations,including AVS and CVV2. "The most important step any merchant can take is to remove useablecredit card data from their system," said J.D. Oder, Shift4 Vice Presidentand Chief Technology Officer. "When there is no useful data in the system,there is nothing for hackers to access or steal. Further, if no data isstored on site, the merchant has a significantly reduced PCI complianceburden," Oder added. Deadlines for compliance and reporting progress toward compliance varywith the number of transactions a merchant makes in a year. But accordingto Shift4 Vice President of Sales John Mann, deadline pressure andunfamiliarity with what it takes to be compliant can lead merchants intocostly and unnecessary upgrades. "In as little as a few days we can have amerchant up and running securely with a PCI compliant solution withoutchanging their current system. This gives merchants control over when andwhy they choose to upgrade their systems and removes the urgency to upgradefor PCI compliance. The cost of adding Shift4's $$$ On The Net is afraction of the cost of replacing a legacy system." Shift4's $$$ ON THE NET provides merchants with many other features,including a searchable 24 month archive of transactions for charge backdefense, the ability to audit batches before they are submitted to actuallyreduce the discount rate paid, assured delivery technology, and tools tostop employee fraud. About Shift4 Corporation Shift4, a leading developer of secure financial transaction processingsoftware and services, provides web-based, real-time enterprise paymentsolutions for leaders in the hospitality, retail, foodservices, auto rentaland e-commerce markets. Through connectivity to most major processors, $$$ON THE NET provides both high speed and low cost authorizations andsettlements for credit, debit, check, private label and gift cardtransactions. $$$ ON THE NET also includes the ability to access, reviewand edit transactions prior to settlement, as well as a searchable,24-month archive of transactions for reporting and charge back defense. Formore information, contact John Mann, Vice President of Sales, (702)597-2480 x3419 or jmann@shift4.com, or visit Shift4 athttp://www.shift4.com.
