EMV Solution Is Available Today With Eight Processors in the U.S. and Canada.
LAS VEGAS and MIAMI — Oct. 20, 2016 — Shift4 Corporation, provider of the DOLLARS ON THE NET payment gateway, and Mi9 Retail, a premier provider of merchandise management, store operations, customer engagement, and e-commerce software, today announced the general availability of their joint EMV-certified solution for retailers.
- Layered payment security: EMV helps prevent instances of card-present fraud at physical points of sale. With DOLLARS ON THE NET and Mi9 Retail, merchants can process EMV payments while adding the layered security of point-to-point encryption (P2PE) and tokenization. This keeps sensitive cardholder data out of the retail environment, greatly reducing their breach profile and PCI scope — and protecting consumers’ payment data.
- 12 supported devices: Shift4 currently supports a dozen EMV-capable terminals by Ingenico Group and Verifone, with options for USB, serial, Ethernet, Bluetooth, and Wi-Fi connectivity. This allows any retailer to easily adopt EMV — whether they have a single location or hundreds.
- Bank and processor neutrality: Shift4 is currently certified for EMV with eight major processors in the U.S. and Canada — with more on the way — making it easy for merchants to adopt EMV without changing their financial relationships. This also gives merchants the freedom to negotiate the best payment processing rates and make a switch if needed.
Neil Moses, CEO, Mi9 Retail, said:
“Mi9 understands that retailers want to provide a simple and secure payment experience for consumers and our integration with DOLLARS ON THE NET delivers that. Our large and mid-sized retail customers run their businesses on Mi9 merchandise management, store operations, e-commerce and customer engagement solutions and they count on us to support reliable and secure payment processing as well. Mi9 is proud to partner with Shift4 to deliver this comprehensive solution for EMV so that our customers get the layered security they can depend on and the flexibility they need to make adoption that much easier.”
Dave Oder, CEO, Shift4, said:
“Many payments industry players are forcing retailers into EMV implementations that don’t suit their business or consumers. We are pleased to partner with Mi9 to offer a solution that actually works for retailers today — with more device and processor combinations available than any other industry player. Best of all, retailers can meet the new EMV standard while keeping sensitive payment data out of their environment entirely — better protecting their customers, and their brand, from the devastating effects of a data breach.”
About Shift4 Corporation:
Shift4 stands alone as the last major player in the payments space to remain independent, self funded, and merchant focused. Our DOLLARS ON THE NET® payment gateway comes with all the bells and whistles: pre- and post-settlement auditing, fraud controls, support for new technologies like EMV and mobile, secure connections to nearly every major bank and processor in North America, and 350+ certified integrations to leading POS, PMS, and e-commerce platforms. Shift4 invests heavily in payment security – we invented tokenization and own eight payment-security patents. We empower our 33,000+ merchant customers with the flexibility to customize our secure payment processing solutions to fit their business. Learn more at shift4.com.
About Mi9 Retail:
Mi9 Retail, a premier provider of enterprise retail merchandising, business intelligence, e-commerce, and customer-centric software, empowers the world’s most successful retailers to build strong personal relationships with their customers, process high volumes of transactions in real time and optimize inventory across all channels utilizing a single, accurate source of the truth. Built using cutting-edge technology, the software minimizes costs of ownership and provides the industry’s fastest time to value. The company’s global headquarters are located in Miami, FL, with operations in North America, Europe and Asia. To learn more, please visit www.mi9retail.com.