May 21, 2007
Shift4 Introduces Technology to Remove Cardholder Data from POS Systems – 4Go SafeSwipe
Las Vegas (May 21, 2007) ? Shift4 Corporation, a leading web-based transaction processing gateway, has introduced a breakthrough technology for current and legacy point-of-sale (POS) systems. Used with Shift4’s DOLLARS ON THE NET® gateway, 4Go SafeSwipe® technology is patent-protected software that removes all useable personal credit card data at the POS terminal, in back-office data storage and during all data transport.
4Go SafeSwipe technology is the first solution of its kind in the payment processing industry. It works by securely encrypting transaction data at the point of sale ? replacing any potentially useful data with “faux data” that can not be used by anyone outside the system. Any logs that may have been left on inadvertently, any logs that traditionally log cardholder data or any logs associated with unsupported legacy systems are protected by this faux data, which means useable data is never retained in the POS device or the merchant’s system.
“This breakthrough technology is the final mile in Shift4?s race to create ‘real security,’ an environment where no cardholder data is stored at the merchant level,” stated J.D. Oder II, CTO, Shift4 Corporation.
With only a minor configuration to current or legacy POS systems, DOLLARS ON THE NET with 4Go SafeSwipe technology becomes a certified alternative to being audited for PCI compliance.
“Merchants need to act fast to become PCI compliant. Shift4, a trusted third-party authority on data security, has a solution that creates a seamless, cost-effective way for merchants to remove the burden of PCI compliance and focus on their core business,” stated Dave Oder, President and CEO, Shift4 Corporation.
Shift4 Corporation is offering 4Go SafeSwipe technology at no cost to current Shift4 DOLLARS ON THE NET users.