Las Vegas, Nevada (April 17, 2009) � Shift4 Corporation, a provider of secure payment processing services, today welcomed United States Senator Orrin Hatch (R-Utah) to their customer service division in St. George, Utah. The Senator's visit was to recognize Shift4's role in promoting high-tech job growth in southern Utah and to learn more about the company's new Card Information Replacement Technologysm (CIRT), which holds the promise of eliminating credit card information theft from merchant payment systems.
“In these challenging economic times, the last thing merchants need is to worry about hackers breaking into their systems and stealing credit card information. Unfortunately, with breaches up 48% in 2008 alone, that is exactly what is happening. For example, just one data breach can result in fines, penalties and brand damage that can drive a business into bankruptcy. By working to eliminate this problem, we are helping merchants protect their brands and keep hard working employees on the job,” said Stephanie Stowers, Senior Vice President of Customer Service, Shift4 Corporation.
CIRT technology, which is fully integrated into Shift4's payment gateway DOLLARS ON THE NET�, can be implemented to completely remove all usable Cardholder Data (CHD) from the payment process and greatly simplify Payment Card Industry (PCI) compliance requirements. By removing the burden of protecting and storing credit card information, merchants can put their focus back on their core business and stop worrying about securing this sensitive information.
According to ongoing studies conducted by the Small Business Administration Office of Advocacy, 60 to 80 percent of new jobs are generated by small businesses annually. As a small business itself with just over 100 employees, Shift4 continues to expand and hire new employees at their corporate office in Las Vegas, NV, as well as their customer service division in St. George, Utah.
“It is my pleasure to welcome Shift4 into the southern Utah community. This company and the jobs they provide are a valuable addition to Utah's business climate and I hope they will find great success in our state,” said Senator Hatch.
“We are proud to share our story and our vision for success with Senator Hatch today. As Shift4's solutions continue to gain market share, Shift4 will be adding more staff to manage the increase in business. This is great news, because just as most companies are forced to cut staff, Shift4 is planning for explosive growth in the coming months. We are fortunate to have the resources and the opportunity to expand into southern Utah. We look forward to strengthening our relationship with the good people of St. George and adding more employees to support our growth,” said Dave Oder, President and CEO, Shift4 Corporation.
For more information about employment opportunities with Shift4, please visit www.shift4.com. If you are interested in more information about our products or would like to schedule a demonstration of DOLLARS ON THE NET, contact John Mann, Vice President of Sales at (702) 597-2480 ext. 43200.
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