Memphis Grizzlies Announce Partnership With Shift4
Shift4 (NYSE: FOUR) has announced a multi-year partnership with the Memphis Grizzlies to power payments at FedExForum. As the team's official point-of-sale partner, Shift4 will provide payment processing solutions for food and beverage concessions throughout the arena and handle ticketing transactions. The partnership aims to streamline operations and enhance the fan experience, offering seamless transactions from online ticket purchases to game-day concession purchases. Shift4's integrated commerce solutions are currently utilized across major professional sports leagues, colleges, and entertainment venues.
Shift4 (NYSE: FOUR) ha annunciato una partnership pluriennale con i Memphis Grizzlies per gestire i pagamenti al FedExForum. In qualità di partner ufficiale per i punti vendita, Shift4 fornirà soluzioni di elaborazione dei pagamenti per le concessioni di cibo e bevande in tutto l'arena e gestirà le transazioni dei biglietti. L'obiettivo della partnership è semplificare le operazioni e migliorare l'esperienza dei fan, offrendo transazioni senza soluzione di continuità dall'acquisto online dei biglietti agli acquisti alle concessioni nel giorno della partita. Le soluzioni di commercio integrate di Shift4 sono attualmente utilizzate nei principali campionati sportivi professionistici, nelle università e nei luoghi di intrattenimento.
Shift4 (NYSE: FOUR) ha anunciado una asociación de varios años con los Memphis Grizzlies para gestionar los pagos en el FedExForum. Como socio oficial de puntos de venta, Shift4 proporcionará soluciones de procesamiento de pagos para las concesiones de alimentos y bebidas en todo el recinto y manejará las transacciones de boletos. La asociación tiene como objetivo optimizar las operaciones y mejorar la experiencia del aficionado, ofreciendo transacciones fluidas desde la compra de boletos en línea hasta las compras en las concesiones el día del partido. Las soluciones de comercio integradas de Shift4 se utilizan actualmente en las principales ligas deportivas profesionales, universidades y lugares de entretenimiento.
Shift4 (NYSE: FOUR)는 FedExForum에서 결제 시스템을 제공하기 위해 Memphis Grizzlies와 다년간의 파트너십을 발표했습니다. 팀의 공식 결제 파트너로서 Shift4는 경기장 내 음식 및 음료 매점에 대한 결제 처리 솔루션을 제공하고, 티켓 거래를 처리할 것입니다. 이번 파트너십은 운영을 간소화하고 팬 경험을 향상시키는 것을 목표로 하며, 온라인 티켓 구매에서 경기일 매점 구매에 이르기까지 원활한 거래를 제공합니다. Shift4의 통합 상거래 솔루션은 현재 주요 프로 스포츠 리그, 대학 및 엔터테인먼트 장소에서 사용되고 있습니다.
Shift4 (NYSE: FOUR) a annoncé un partenariat pluriannuel avec les Memphis Grizzlies pour gérer les paiements au FedExForum. En tant que partenaire officiel du point de vente de l'équipe, Shift4 fournira des solutions de traitement des paiements pour les stands de nourriture et de boissons dans toute l'arène et s'occupera des transactions de billetterie. L'objectif de ce partenariat est de rationaliser les opérations et d'améliorer l'expérience des fans, en offrant des transactions fluides, de l'achat de billets en ligne aux achats de concessions le jour du match. Les solutions de commerce intégrées de Shift4 sont actuellement utilisées dans les grandes ligues sportives professionnelles, les universités et les lieux de divertissement.
Shift4 (NYSE: FOUR) hat eine mehrjährige Partnerschaft mit den Memphis Grizzlies angekündigt, um die Zahlungen im FedExForum zu unterstützen. Als offizieller POS-Partner des Teams wird Shift4 Zahlungslösungen für Speisen- und Getränkekioske in der gesamten Arena bereitstellen und Tickettransaktionen abwickeln. Ziel der Partnerschaft ist es, die Abläufe zu optimieren und das Fanerlebnis zu verbessern, indem nahtlose Transaktionen vom Online-Ticketkauf bis zu den Käufen an den Verkaufsständen am Spieltag angeboten werden. Die integrierten Handelssysteme von Shift4 werden derzeit in großen professionellen Sportligen, Hochschulen und Veranstaltungsorten genutzt.
- Expansion into major sports venue enhances market presence
- Multi-year partnership secures long-term revenue stream
- Diversification of payment processing services across tickets and concessions
- None.
Insights
This partnership with the Memphis Grizzlies represents a strategic expansion of Shift4's presence in the sports and entertainment sector. The deal secures end-to-end payment processing for both ticket sales and concessions at FedExForum, a venue that hosts approximately 150-200 events annually. The implementation of integrated payment solutions across multiple revenue streams (ticketing, food & beverage) should drive incremental transaction volume and revenue for Shift4.
While specific financial terms weren't disclosed, similar arena partnerships typically generate
Shift4 will power payments for the team’s ticket sales as well as food & beverage concessions at FedExForum
Memphis Grizzlies partner with Shift4 to power payments at FedExForum (Photo: Business Wire)
As the official point-of-sale partner of the Memphis Grizzlies, Shift4 will provide a suite of payment processing solutions to simplify operations and enhance the fan experience at FedExForum. Shift4 will power food and beverage concession sales throughout the arena and will also process payments for ticketing transactions to deliver a seamless ticket-buying experience for fans.
“We’re excited to partner with the Grizzlies and enhance the commerce experience for their fans. Shift4’s payment technology will streamline transactions from the time fans purchase their tickets online to game day when they’re buying food and drinks at the concession stands,” says Shift4’s Head of Sports & Entertainment Dustin Alpert.
“One of our primary goals is to partner with companies that help enhance the fan experience, and Shift4’s payment solutions are an industry leader,” said Ted Roberts, Grizzlies Vice President of Partnership Marketing. “Shift4 delivers quick and seamless transactions throughout FedExForum allowing our fans to spend more time enjoying the action.”
Shift4’s integrated commerce solutions are used by every major professional sports league as well as colleges, entertainment venues, and many other business verticals — transforming the way fans and guests shop, order, and pay. To learn more, visit shift4.com/sports-entertainment.
About Shift4
Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit shift4.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241203653905/en/
Media:
Grizzlies:
Laura Ehret
(901) 440-7115
Brandon Abraham
(901) 530-0098
Shift4
Nate Hirshberg
nhirshberg@shift4.com
Source: Shift4
FAQ
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