Las Vegas (June 21, 2007) – Shift4 Corporation, a leading developer of enterprise payment solutions, and Khamu Solutions LLC, an innovative technology solutions company dedicated to table-service restaurants and seat-service sports venue markets, today announced a partnership. Together they leverage the Internet to offer restaurants, stadiums, and arenas fast, reliable, and secure transactions.
Khamu's Sapphire products – Spectra for restaurants, and Stadia, used in stadiums and arenas – uses wireless technology for faster service and enhanced management controls. This software will now incorporate DOLLARS ON THE NET with Tokenization technology, a PCI-compliant solution that ensures no useable credit card data is ever stored on the Sapphire system.
“We see tremendous benefits in terms of security. Equally important are features that Shift4 offers to improve management efficiency,” said Steve Lipkin, North American Sales and Marketing, Khamu Solutions LLC. He noted that Sapphire leverages Shift4’s Assured Delivery Technology to guarantee all transactions are authorized only once, resulting in no lost or duplicate transactions. Also, DOLLARS ON THE NET offers the ability to audit transactions prior to settlement in order to minimize credits and shorten month-end reconciliation times.
“We are proud to partner with Khamu Solutions as they continue to deliver service-driven, satisfaction centered solutions, free of inefficiencies inherent to traditional food service. By offering a comprehensive enterprise payment gateway, restaurant owners and concession managers receive additional functionality and security, while maintaining the same efficiency and service customers expect from Khamu,” Dave Oder, President and CEO, Shift4 Corporation.
Khamu Solutions, LLC (www.khamu.com) provides point-of-sale software to the retail food service industry. Khamu has developed software features that help food service owners realize a greater ROI in a shorter amount of time than our competitors. The POS software known as Sapphire gives the wait and kitchen staff as well as owners more control over the environment they provide for their customers with more efficient service, increased revenue and overall increase in customer satisfaction. Khamu also provides post-sales support and training on how best to take advantage of the new efficiencies with the paradigm that its products create.
Shift4, a leading developer of secure payment processing software and services utilizing the Software as a Service (SaaS) model, provides real-time enterprise payment solutions for leaders in the hospitality, retail, food services, auto rental, mail/telephone order, and eCommerce markets. Leveraging connectivity to every major processor, DOLLARS ON THE NET 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 features the ability to access, review, report, and edit transactions prior to settlement combined with a searchable 24-month archive of transactions for retrieval and chargeback defense. Shift4 is an innovator in payment security, being the first to deliver a tokenization solution for long-term card data protection as well as 4Go® and i4Go® to protect payment data in transit and legacy applications.
Gianna A. Vivo
Shift4 Corporation
702-597-2480 ext. 43300
gvivo@shift4.com