Shift4 Corp. this past week announced the general availability of VT4, a  mobile point-of-sale product. Following exclusive use with selected merchants, including the PGA Tour, the VT4 is now available to merchants in the U.S., Canada and the Caribbean, according to a press release.

Shift4 said the VT4 enables merchants to quickly and securely accept payments on any smartphone, tablet, laptop, or Internet-connected device.

VT4 delivers:

• Security beyond compliance: Fills the security gap left open by other mobile payment apps, especially in today's Bring Your Own Device environments, and includes Shift4's proprietary security technologies — including True P2PE and TrueTokenization — to prevent mobile devices from ever handling sensitive cardholder data; to reduce breach profile; and to simplify PCI compliance efforts.
• Complete neutrality: Offers freedom to choose any bank or processor, allowing merchants to shop for the best rates and service without risk of losing transaction history due to a switch. Merchants are also able to choose from a variety of third-party peripheral devices, so the devices that best suit their business can be deployed.
• Versatility and flexibility: Enables merchants to accept a multitude of tenders from credit, debit, and gift card payments to cash, check, and "member account" transactions. Users can also accept split-tender transactions, provide full or partial refunds, retrieve transaction history, and modify shopping cart items so merchants can personalize a customer's purchase. VT4 can be customized to the look and feel of a merchant's brand.
• Enterprise functionality: Supports unlimited users, revenue centers and devices, which means VT4 fits even the largest and most complex businesses. Administrators can remotely add, disable, and configure users and permission levels in real time, while viewing detailed, centralized reports.
• Dependability: Allows users to conveniently transfer a sale from one device to another or complete a sale in no-signal situations. If a user's device stops working due to a dead battery, the user can simply log in from another device and continue the sale right where it left off. VT4 also offers merchants peace of mind knowing that U.S.-based customer service is available to help 24/7.

"Many of the mobile payment solutions available today were designed for smaller merchants accepting payments at farmers' markets and food stands," Dave Oder, CEO of Shift4, said in a statement. "Very little thought was given to scalability, reliability, and security. VT4 is a mobile payment solution designed for the enterprise and provides the speed, security and flexibility that larger organizations require."