PCI DSS Does Not Apply to Merchants Using Shift4's 4Go Technology

LAS VEGAS, Feb. 19 /PRNewswire/ -- Merchants concerned about PCI DSS compliance have an option that enables them to avoid its burdensome requirements. 4Go SecureSuite(TM) from Shift4 Corporation uses credit card information replacement technology to provide an alternative approach to PCI DSS Version 1.1, which states:

"PCI DSS requirements are applicable if a Primary Account Number (PAN) is stored, processed, or transmitted. If a PAN is not stored, processed, or transmitted, PCI DSS requirements do not apply."

Patent-protected 4Go SecureSuite removes credit card information at the point-of-sale device, replacing it with a unique "token" that substitutes for the PAN throughout the entire transaction process, but which is useless to anyone outside the system. Useable credit card information is never retained in the POS device or the merchant's system, so even if there is a breach, nothing is exposed to theft or loss.

"Shift4 is essentially able to meet and in some cases exceed the requirements of PCI DSS. The cost to secure an existing system is a fraction of an upgrade or total system replacement," said John Mann, Vice President of Sales for Shift4 Corporation. "This allows merchants to focus on, and direct their investments towards innovation and improving the customer experience."

In addition to protecting the merchant, Shift4's approach to credit card transaction security directly benefits acquiring banks that are ultimately responsible for the fines associated with a breach resulting in credit card information theft. Consumers also benefit by having the assurance that their personal information is protected in a secure third party environment.

"As the last major independent credit card payment gateway, not owned or controlled by a processor or a bank, Shift4 is uniquely positioned to provide services that are designed around the needs of the merchant," said Randy Carr, Shift4 Vice President of Marketing. "In the fight to achieve and maintain compliance with the PCI DSS, merchants need every advantage available to them. Shift4's mission is to protect the merchant and its customers," Carr added.

About Shift4 Corporation

Shift4, a leading developer of secure financial transaction processing software and services, provides web-based, real-time enterprise payment solutions for leaders in the hospitality, retail, foodservices, auto rental and e-commerce markets. Through connectivity to most major processors, Dollars on the net(R) provides both high speed and low cost authorizations and settlements for credit, debit, check, private label and gift card transactions. Dollars on the net also includes the ability to access, review and edit transactions prior to settlement, as well as a searchable, 24-month archive of transactions for reporting and charge back defense. For more information, contact John Mann, Vice President of Sales, (702) 597-2480 x3419 or jmann@shift4.com, or visit http://www.shift4.com.