Welcome to our dedicated page for Shift4 Payments news (Ticker: FOUR), a resource for investors and traders seeking the latest updates and insights on Shift4 Payments stock.
Shift4 Payments, Inc. (symbol: FOUR) is a leader in secure payment processing solutions, powering top point-of-sale and software providers across various verticals such as food & beverage, hospitality, lodging, gaming, retail, and e-commerce. Among its known brands are Harbortouch, Restaurant Manager, Positouch, and Future POS. Additionally, Shift4 integrates with over 300 software solutions across diverse industries, ensuring seamless and secure transactions.
With a presence spanning eight offices in the United States and Europe, Shift4 Payments collaborates with 7,000 sales partners and operates three state-of-the-art data centers. The company processes over 1 billion transactions annually for nearly 200,000 businesses, translating to over $100 billion in payments each year.
Shift4 Payments offers an integrated payment processing and technology solution, providing software providers a single integration point for end-to-end payment processing. Their services include a powerful gateway, cloud enablement, business intelligence, analytics, and mobile solutions, enhancing the value of software suites and simplifying payment acceptance. The company derives the bulk of its revenue from its operations in the United States.
Recent achievements and developments in Shift4 Payments include strategic partnerships and technological advancements aimed at enhancing their service offerings. By continually expanding their integration capabilities and processing infrastructure, Shift4 Payments remains at the forefront of the payment processing industry.
Shift4 Payments (NYSE: FOUR) announced a stock repurchase program, authorizing the buyback of up to
StorageMart, the largest privately-owned self-storage company globally, has announced the implementation of Shift4's end-to-end payment processing across its 177 U.S. locations. This integration aims to streamline payment experiences by utilizing Shift4's unified commerce ecosystem, which includes secure payment devices and advanced reporting. CFO Ryan McKenzie highlighted that this upgrade will facilitate StorageMart's growth by reducing operational costs and enhancing customer experience. Shift4's approach is expected to deliver significant value in the integrated payments industry.
Waitr Holdings Inc. (Nasdaq: WTRH) has partnered with Shift4 (Nasdaq: FOUR) to provide the Harbortouch point of sale (POS) system to its 26,000 restaurant partners. This POS-as-a-Service model eliminates upfront costs and includes hardware, software, and 24/7 support. CEO Carl Grimstad highlighted the benefits of streamlined workflows and reduced technology costs, emphasizing a commitment to enhancing the restaurant experience. The integration of Waitr’s delivery services into Shift4’s software is anticipated for 2022, furthering the efficiency of operations.
Shift4 (NYSE: FOUR) announced its participation in the 2021 Credit Suisse Technology Conference on December 1, 2021. The management team, including CEO Jared Isaacman, CFO Brad Herring, and CSO Taylor Lauber, will engage in a fireside chat at 5:05 PM Eastern time. This 30-minute session will be available via live webcast. Shift4, a leader in integrated payments, aims to simplify payment processes for businesses worldwide, processing billions of transactions annually.
Shift4 (NYSE: FOUR) clarified that it is not pursuing an acquisition of EVO Payments, despite media speculation. The company expressed respect for EVO due to their longstanding relationship but emphasized that its current focus is on capitalizing on new growth verticals. CEO Jared Isaacman highlighted that deploying capital to meet demand from recent wins is essential for maintaining industry-leading growth and maximizing long-term shareholder value.
Shift4 (NYSE: FOUR), a leader in integrated payments technology, will participate in two investor conferences on November 16 and 17, 2021. CEO Jared Isaacman, CFO Brad Herring, and CSO Taylor Lauber will host fireside chats and engage in one-on-one meetings. The Citi FinTech Virtual Conference occurs on November 16 at 10:30 AM ET, followed by the RBC Capital Markets Global Technology Conference on November 17 at 1:20 PM ET. Both sessions will be webcast live, accessible via Shift4's Investor Relations website.
Shift4 (NYSE: FOUR) has announced its third quarter 2021 financial results, which can be accessed via their Investor Relations website. The company also highlighted an upcoming earnings conference call scheduled for November 10, 2021, at 8:30 a.m. ET. Additionally, an Investor Field Day will take place on the same day at Allegiant Stadium, showcasing Shift4's integrated payments technology. The event will be livestreamed and includes a presentation and product demonstrations. The company's ongoing commitment to redefining commerce through advanced payment solutions remains a focal point.
Shift4 (NYSE: FOUR) has announced its upcoming Investor Field Day on November 10 at Allegiant Stadium in Las Vegas. The event will begin at 9:00 a.m. PT and feature a formal presentation, product demonstrations, and a facility tour, showcasing Shift4's integrated payments technology. Attendees will also have the opportunity to meet with the management team. The event aims to highlight the performance of Shift4's core business and its strategic growth initiatives. The presentation will also be livestreamed.
Everi Holdings (NYSE: EVRI) has partnered with Shift4 (NYSE: FOUR) to integrate its CashClub Wallet technology with Shift4's payment solutions. This collaboration aims to enhance cashless payments across casinos, improving patrons' digital experience by facilitating funding at gaming devices and retail points. Currently operational in 15 casinos, hosting 32,000 gaming devices, CashClub Wallet is the leading digital wallet in U.S. land-based gaming. Both companies aim to bolster efficiency and convenience in the gaming payment landscape.
Shift4 (NYSE: FOUR) reports a remarkable growth of over 80% in payment volume and more than 25% in active merchant counts year-over-year for October. The sports and entertainment sector has shown strong adoption, with over 80 venues integrating Shift4's solutions. Despite global supply chain challenges, Shift4 maintains growth with over 40 PCI validated payment devices, enhancing its integrated payment strategy. CEO Jared Isaacman hints at significant upcoming updates during the Investor Field Day on November 10, following third-quarter results.
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