LAS VEGAS and MIAMI (May 3, 2017 — Payment services and gateway provider Shift4 Corporation and Systems Products International (SPI Software) have announced the general availability of their joint EMV-certified solution for timeshare and vacation ownership clubs and resorts.
With Shift4’s DOLLARS ON THE NET payment gateway and SPI’s Orange Systems timeshare software suite, clubs and resorts in the vacation ownership or timeshare industry can process EMV payments to help prevent the fraudulent use of stolen card data in card-present environments while adding the layered security of point-to-point encryption (P2PE) and tokenization. This keeps sensitive cardholder data out of the club’s or resort’s payment processing environment, greatly reducing their breach profile and PCI scope — and protecting their guests’ payment data from hackers.
Shift4 currently supports more than a dozen EMV-capable terminals by Ingenico Group and Verifone with options for USB, serial, Ethernet, Bluetooth and Wi-Fi connectivity. This allows complex hospitality environments to easily implement EMV without disrupting their current business operations.
Shift4’s complete bank and processor neutrality makes it possible for timeshare and vacation ownership operators to adopt EMV without changing their financial relationships and gives them the freedom to negotiate the best payment processing rates or make a switch if needed. Shift4 is currently certified for EMV with eight major processors — with more on the way — delivering unparalleled coverage of acquirers in the U.S., Canada and the Caribbean.
“SPI Software integrates the Orange system’s timeshare software suite with Shift4’s DOLLARS ON THE NET payment gateway so our club and resort operators can experience the best-in-class in payment processing efficiency and security,” said George Stemper, CEO, SPI Software. “We are proud to be able to offer EMV where every transaction is secured with Shift4’s PCI-validated point-to-point encryption solution.”
“Shift4 is committed to putting our merchants first as we create and provide the latest technologies in payments,” said Dave Oder, CEO, Shift4. “To us, it was important to support EMV’s authentication mechanism while taking the security it provides at the point of sale much further by ensuring that every implementation of EMV offered the layered security of point-to-point encryption and tokenization to free our customers from the burden handling and storing sensitive card data. We’ve achieved this mission with the EMV solution we offer today, and we’re pleased with the benefits it brings to SPI Software and the timeshare and vacation-ownership customers that we jointly serve.”
To learn more about EMV adoption with Shift4, visit www.shift4.com/EMV or call 800.265.5795.
About Shift4 Corporation
Through constant innovation and resolute independence, Shift4 empowers and protects merchants accepting electronic payments by providing the fastest, most reliable and secure payment services and gateway in the marketplace, DOLLARS ON THE NET®. This solution provides auditing tools, fraud controls, foundational support for new technologies (EMV, P2PE, mobile, etc.), hundreds of certified integrations to leading POS, PMS and e-commerce platforms, and connections to nearly every bank and processor in North America. Shift4 invented tokenization and owns nine payment- security related patents. Learn more at www.shift4.com
About SPI Software
Founded in 1978, SPI Software provides resort developers and operators of timeshare, vacation clubs and mixed use properties with Web-based and Microsoft.NET-based software solutions. SPI’s flagship software product, Orange Enterprise, includes modules for marketing, sales, property management (PMS), finance, maintenance fee and receivables servicing, centralized reservations (CRS), owner services, advanced web reporting and website applications. SPI’s Orange HOA delivers complete property management with web based dues invoicing and collections along with online owner and transient reservations.
PRESS RELEASE SOURCE: SPI Software and Shift4 Corporation