SOURCE: Shift4 Corporation

Shift4, chip and PIN, EMV, Canada, retail, gateway, payment processing

November 19, 2010 16:15 ET

US-Based Shift4 Becomes First Hosted Gateway Certified for Canadian EMV (Chip and PIN)

LAS VEGAS, NV--(Marketwire - November 19, 2010) - While Canadian merchants and processors scramble to prepare for the March 31, 2011 conversion deadline for EMV (Chip and PIN) debit, Shift4 Corporation's Canadian customers are breathing a sigh of relief because most of the work is already done for them.

On September 16, 2010, Shift4 became the first hosted payment gateway certified by Chase Paymentech™ for Retail EMV (Chip and PIN) payments in Canada.

"This is the first step in a broad support of Canadian Chip and PIN, which we will be rolling out over the coming months," said Shift4 CEO Dave Oder.

Additional certifications from Paymentech are expected shortly for the Food & Beverage and Lodging markets, as well as a certification from Global Payments that will cover all verticals.

Shift4's developers have made it possible for any retail client who has a POS system integrated with Shift4 since June 2009 to be EMV-certified with no additional coding.

"For retailers, all they need to do is plug in the supported Ingenico i3070 device and they're good to go," Oder said, noting that those who certified before June 2009 will need only to make two minor code changes in order to be EMV-ready.

"At its heart, Shift4 is a merchant advocate," Oder said. "We can't tell you how pleased we are to be able to alleviate this burden for our Canadian customers and partners."

About Shift4

Founded in Las Vegas in 1994, Shift4 Corporation is the largest independent payment processing gateway in North America, serving more than 20,000 clients in several industries, including Hospitality, Retail, Food & Beverage, Mail/Telephone Order, and e-Commerce. Boasting more than 350 POS/PMS integrations and maintaining absolute bank- and processor-neutrality, Shift4 is proudly merchant-centric, helping clients secure the best discount rates while providing industry-leading security, speed, and reliability. Recognized as a pioneer of Tokenization, Shift4 has processed more than a billion tokenized transactions since it coined the term in 2005. Shift4's DOLLARS ON THE NET® solution provides unparalleled pre- and post-settlement auditing capabilities, fraud protection, and drastically simplified PCI-compliance. For more information, visit www.shift4.com.

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