June 4, 2008
Retail Pro, Inc. Partners with Shift4 for Secure Payment Processing
Las Vegas, Nevada (June 4, 2008) ? Retail Pro, Inc., a global leader in Point of Sale (POS), Store Operations, Merchandising, Planning, Business Intelligence, and Payment Processing software applications for the specialty retail industry, has signed a preferred business and development partnership with Shift4 Corporation, a supplier of secure payment processing services. Shift4’s DOLLARS ON THE NET with Tokenization technology serves as the preferred gateway solution for Retail Pro® version 9 users to deliver fast, reliable and secure payments.
“Retail Pro has a long history of successfully serving its customers and reseller partners,” said Mike Bishop, Retail Pro’s Director of Business Development. “Expanding our relationship with Shift4 offers our customers access to Shift4’s latest gateway technology and the many benefits their DOLLARS ON THE NET product provides. We’re excited about this partnership and how it compliments our overall payment strategy.”
Retail Pro® v9 is a premier retail store management system with integrated POS and back-office functions. The system supports the entire lifecycle in the store through receiving, sales, inventory management, merchandising and replenishment. Retail Pro® is currently developing a class “A” interface with Shift4’s DOLLARS ON THE NET with Tokenization for acceptance, settlement, archiving, retrieval, and reporting of payments including credit, debit, and gift cards.
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 leverages Tokenization technology ? developed and publicly released by Shift4 in 2005 ? to provide world-class security by eliminating the risks for merchants associated with storage of cardholder information in the POS system. With no credit card data being stored, processed or transmitted, achieving and maintaining a state of PCI compliance is much more manageable and gives merchants the freedom to focus on their core business.
“Shift4 is pleased to be in partnership with Retail Pro,” said John Mann, Vice President of Sales, Shift4 Corporation. “We see our latest development efforts as a huge step forward in giving Retail Pro’s merchants Real Security, enterprise-wide management and reporting for all of their payment card activities.”
Retail Pro® is marketed and sold via a network of business partners in 73 countries, is available in 18 languages and has been localized to meet the needs of each market in which business is conducted. Shift4 empowers and protects Retail Pro® merchants by providing the fastest, most reliable and secure payment gateway in the marketplace with the worlds most powerful and flexible electronic-payment accounting application.
“We are pleased to extend our strategic relationship with Retail Pro as they continue the evolution and advancement of their POS software,” said Dave Oder, President and CEO, Shift4 Corporation. “By offering Shift4’s DOLLARS ON THE NET with enhanced payment processing functionality and security, Retail Pro is able to drive significant new opportunities to their Business Partner community.”
About Retail Pro
Founded in 1986, Retail Pro, Inc. (OTC: RTPR.PK) is a global leader in Point of Sale, Store Operations, Merchandising, Planning, Business Intelligence, and Payment Processing software applications for the specialty retail industry. For over 20 years, Retail Pro has been helping retailers achieve their full potential by providing a unique, scalable, and reliable solution.
More than 45,000 specialty retail stores, representing in excess of 10,000 customers in over 73 countries, and available in 18 languages, have implemented Retail Pro; from a single store to prestigious, multi-national enterprises.
Retail Pro is delivered through a world-wide network of channel partners. The company maintains offices in the United States, United Kingdom, Australia, Mexico, Italy, Poland and China. For more information, please visit www.retailpro.com.