SoftBrands Offers Customers Secure Payment Processing With Shift4(R)
June 16 2009 - 11:05AM
Marketwired
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 Technology(SM)
(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, Shift4 Corporation.
About SoftBrands
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.
About Shift4 Corporation
Shift4, a leading developer of secure financial transaction
processing software and services, provides web-based, real-time
enterprise payment solutions for leaders in the hospitality,
retail, foodservices, auto rental and eCommerce markets. Through
connectivity to most major processors, 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 includes the ability to access, review and
edit transactions prior to settlement, as well as a searchable,
24-month archive of transactions for reporting and chargeback
defense. For more information, contact John Mann, Vice President of
Sales, (702) 597-2480 x43200, Jmann@shift4.com or visit
www.shift4.com.
Media Contacts Randy Carr Vice President of Marketing Shift4
Corporation 702-597-2480 ext. 43300 Email Contact
Softbrands (AMEX:SBN)
Historical Stock Chart
From Oct 2024 to Nov 2024
Softbrands (AMEX:SBN)
Historical Stock Chart
From Nov 2023 to Nov 2024