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Definitions (99)
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card association
Credit-card-granting organizations, including Visa, MasterCard, American Express, and Discover, that make the rules regarding credit card acceptance in conjunction with the government.
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nfc
Formally known as near field communication, NFC is a set of close-range wireless technologies that enable a connection for processing mobile payments.
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4go®
Shift4’s software application that prevents a merchant’s point-of-sale or property management system from handling cardholder data. 4Go acts as a firewall between the card swipe and the point-of-sale or property management system application, providing your customers with the most secure transmission of their cardholder data available.
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4res®
Shift4’s virtual cardholder data "firewall," designed to sit between a central reservation system and a hotel's property management system. 4Res tokenizes all cardholder data before it enters a hotel's merchant environment. Also see firewall.
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4tify®
Shift4’s next generation of tokenization, 4tify is a suite of secure technologies, including TrueTokenization®, 4Go, i4Go®, 4Res, and 4Word®. Providing your business with more flexibility and control in the use of TrueTokens®, 4tify is Tokenization Your Way®.
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4word®
Shift4’s secure, authenticated process to allow a third-party merchant to securely obtain limited access to a customer’s payment card from a Shift4 merchant customer using TrueTokenization and DOLLARS ON THE NET®.
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acquiring bank
See merchant bank.
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address verification system
A security feature that requires merchants to supply address information for the cardholder in card-not-present transactions, such as those made on a website. The merchant’s system verifies that the address entered matches the one the issuing bank has on file and then confirms whether the information is valid or not.
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application program interface
A set of rules and protocols that tells separate software programs how to communicate with one another.
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