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NRF 2016 NEWS: Shift4 Showcases Secure Payments for OmniChannel

The EMV liability shift date is in the rearview mirror, but the continued 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 was alongside one of their integration partners, Multidev Technologies Inc., to demonstrate how retailers 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 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.
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