June 16, 2009
SoftBrands Offers Customers Secure Payment Processing
Las Vegas, Nevada (June 16, 2009) – Shift4 Corporation, a leading developer of enterprise payment solutions, and SoftBrands, Inc. (AMEX: SBN), a global supplier of enterprise application software, announced today an end-to-end Property Management System (PMS) integration with Shift4’s DOLLARS ON THE NET payment gateway.
“We are excited to offer our customers more options when it comes to credit card processing. We continue to embrace the best-of-breed approach for the industry as we continue to partner with leaders in the hospitality industry that provide value to our customers,” said Jo Masters, Senior Vice President and General Manager of SoftBrands Hospitality.
Shift4’s DOLLARS ON THE NET is a Payment Card Industry (PCI) compliant solution that is currently in development for SoftBrands’ PMS to achieve Real Security, an environment where no Cardholder Data (CHD) is stored, transmitted or processed at the merchant level. Once a property is running SoftBrands applications with DOLLARS ON THE NET and Card Information Replacement Technologysm (CIRT), their PMS is completely out of the scope of PCI because the SoftBrands system is no longer handling real CHD.
SoftBrands hospitality solutions provide central reservation, property management and business intelligence software that can be centrally managed to support hotels of any size – from an independent or branded hotel to a major hotel chain or hotel management company. Shift4’s web-based payment gateway provides centralized control of all transactions with comprehensive auditing, real-time reporting and advanced fraud controls. Both interfaces combine to provide a complete solution that can increase operational efficiency, improve guest service and lower processing costs.
“Shift4’s partnership with SoftBrands will render the absolute latest in payment application security and functionality for our mutual customers. By interfacing with DOLLARS ON THE NET, SoftBrands is able to offer customers a system that will help streamline day-to-day operations and reduce the merchant’s burden of compliance,” said John Mann, Vice President of Sales for Shift4 Corporation.
As an Application Service Provider (ASP), Shift4 quickly deploys payment solutions with no dedicated infrastructure and provides seamless system updates of regulatory changes in the payment industry. Users can easily manage all their transactions in a secure environment without the need for both encryption key management and encryption maintenance on the SoftBrands PMS side. Hoteliers also have the ability to choose any bank or processor that offers the best rates and service without required programming at the SoftBrands PMS.
“Shift4 is proud to offer a feature-rich, cost-effective payment solution for SoftBrands expansive and diverse customer base. DOLLARS ON THE NET can help hotel professionals efficiently and securely manage their payment processing while maintaining the high quality guest experience from SoftBrands,” stated Dave Oder, President and CEO of Shift4 Corporation.
SoftBrands, Inc. is a leader in providing software solutions for the businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has approximately 750 employees, is headquartered in Minneapolis with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at http://softbrands.com.