Whois & Analysis for shift4.com

The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed.

At the point of sale, the merchant would calculate the amount owed by the customer and indicate the amount, and may prepare an invoice for the customer (which may be a cash register printout), and indicate the options for the customer to make payment.

It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service.

After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed, but is increasingly being dispensed with or sent electronically.

Tokenization, when applied to data security, is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no extrinsic or exploitable meaning or value.

The token is a reference (i.e. identifier) that maps back to the sensitive data through a tokenization system.

The mapping from original data to a token uses methods which render tokens infeasible to reverse in the absence of the tokenization system, for example using tokens created from random numbers.

The tokenization system must be secured and validated using security best practices applicable to sensitive data protection, secure storage, audit, authentication and authorization.

The tokenization system provides data processing applications with the authority and interfaces to request tokens, or detokenize back to sensitive data.

EMV is a technical standard for smart payment cards and for payment terminals and automated teller machines that can accept them.

EMV cards are smart cards (also called chip cards or IC cards) that store their data on integrated circuits in addition to magnetic stripes (for backward compatibility).

These include cards that must be physically inserted (or "dipped") into a reader and contactless cards that can be read over a short distance using radio-frequency identification (RFID) technology.

Payment cards that comply with the EMV standard are often called Chip and PIN or Chip and Signature cards, depending on the authentication methods employed by the card issuer.

POS Solutions, is an Australian company.

The company provides software and services to small and medium businesses, where the company has enjoyed steady growth so making it particularly well known in Australian Newsagencies where its software has taken hold as the market leader.

It has recently moved to Pharmacies.

Point-to-point encryption (P2PE) is a standard established by the PCI Security Standards Council.

Payment solutions that offer similar encryption but do not meet the P2Pe standard are referred to as end-to-end encryption (E2Ee) solutions.

The objective of P2Pe and E2Ee is to provide a payment security solution that instantaneously converts confidential payment card (credit and debit card) data and information into indecipherable code at the time the card is swiped to prevent hacking and fraud.

It is designed to maximize the security of payment card transactions in an increasingly complex regulatory environment.