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Press Release

Execu/Tech Systems Secure Payment Processing with Shift4

Execu/Tech certifies Shift4's DOLLARS ON THE NET® payment gateway

Las Vegas, Nevada (May 20, 2008) – Execu/Tech Systems Inc., a technology development and integration firm specializing in complete hospitality solutions for over 25 years, has certified an interface with Shift4 Corporation, a supplier of secure payment processing services. Execu/Tech completes development for Shift4’s DOLLARS ON THE NET® with Tokenization technology to deliver fast, reliable and secure payment processing.

“Thanks to Shift4's tokenization technology, we are able to assure our hospitality clients that their guests' critical credit card information is maintained with absolute maximum security,” said Wayne Johnson, CEO, Execu/Tech Systems, Inc.

Shift4 is dedicated to protecting cardholder data and to upholding the credit/debit card security requirements (PCI DSS) of the various card associations. Shift4's DOLLARS ON THE NET is based on Tokenization technology – developed and publicly released by Shift4 in 2005 – that provides world-class security by removing the merchants responsibility for storing and maintaining credit card information at the point-of-sale systems.

Shift4's DOLLARS ON THE NET is a web-based payment gateway. It is integrated into Execu/Tech Systems hospitality solution to provide high-speed and low-cost authorizations and settlements for credit card transactions.

“Shift4 is proud to certify Execu/Tech’s hospitality system for a scalable, cost-effective gateway. By implementing a secure payment processing solution across a diverse user base, Execu/Tech reinforces their commitment customer confidence while protecting their brand,” said Dave Oder, President and CEO, Shift4 Corporation.

About Execu/Tech

Execu/Tech Systems is a technology development and integration firm specializing in complete hospitality solutions for over 25 years. Execu/Tech's all-in-one hotel management software suite is installed in large and small hotels, luxury inns, resorts, condos, and marinas worldwide.

About Shift4 Corporation

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.

Media Contact

Gianna A. Vivo
Shift4 Corporation
702-597-2480 ext. 43300
gvivo@shift4.com

 

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