Shift4 Payments and Posera Announce Merchant Services Solution for Restaurants

The Integrated Payment Solution Will Provide Added Value for Restaurateurs

ALLENTOWN, Pa. and TORONTO, June 21, 2018 /CNW/ -- Shift4 Payments, the leader in secure payment processing solutions, and Posera Ltd. (TSX:PAY), a leading provider of software solutions for the hospitality industry, today announced they have expanded their EMV-certified integration to include a full merchant services offering. This integrated payment solution now provides Posera customers with everything they need to process fast, reliable and secure payments, all for the lowest total cost.

Shift4's complete payment solution is integrated into Posera's full-featured Maitre'D point-of-sale solution to provide users with a secure payment gateway, P2PE-enabled EMV devices and full merchant services. This all-in-one solution combines all the pieces of the payment process into a single, all-inclusive program for a superior payment experience.

"We are very proud to partner with Posera to deliver our complete payment solution to their customers," said Jared Isaacman, CEO of Shift4 Payments. "Maitre'D users can now benefit from a fully integrated payment solution that delivers superior security, reliability, speed and functionality while reducing total costs and streamlining the payments process."

"Our integration with Shift4 Payments already allows us to offer our merchant customers the most advanced and secure payment technologies," said Dan Poirier, CEO of Posera Ltd. "The addition of the merchant services program now makes it possible to reduce their costs even further while enjoying many new benefits."

Restaurant operators interested in this new solution can contact Shift4 Payments at 800.265.5795 or [email protected].

More information about Posera can be found on the company's website at posera.com or under the company's profile on SEDAR at sedar.com.

About Shift4 Payments
Shift4 Payments is the leader in secure payment processing solutions, powering the top point-of-sale and software providers across numerous verticals, including Food & Beverage, Hospitality, Lodging, Gaming, Retail, and e-Commerce. This includes the company's Harbortouch, Restaurant Manager, POSitouch, and Future POS brands, as well as over 300 additional software integrations in virtually every industry. With eight offices across the U.S. and Europe, 7,000 sales partners, and three state-of-the-art data centers, the company securely processes over 1 billion transactions annually for nearly 200,000 businesses, representing over $100 billion in payments each year. For additional information, visit www.shift4.com.

About Posera
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera's full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application; Maitre'D®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera's solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Media Contacts
Nate Hirshberg
AVP, Marketing
Shift4 Payments
888.276.2108 x1107
[email protected]

Kevin Mills
Chief Financial Officer
Posera Ltd.
519.434.8017
[email protected]

SOURCE Shift4 Payments