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) achieved a historic milestone by surpassing $1 billion in weekly end-to-end payment processing volume for the first time. CEO Jared Isaacman highlighted that this represents a compound annual growth rate of over 26% since 2004. The company, which has successfully adapted during economic cycles, plans to transition its Shift4Cares initiative into a comprehensive corporate social responsibility program. This development comes as most of Shift4's merchant base recovers from the pandemic.
Shift4 Payments (NYSE: FOUR) has been named the preferred payments provider for BetMGM, enhancing online gaming and sports betting transactions via its secure, integrated payment solutions. Shift4's end-to-end processing technology, featuring PCI-validated encryption and advanced tokenization, is designed to provide a superior customer experience. CEO Jared Isaacman highlighted that the partnership will capitalize on Shift4's existing expertise in the casino sector, which already services half of Las Vegas Strip casinos. This collaboration aims to position Shift4 aggressively in the growing online gaming market.
Shift4 Payments (NYSE: FOUR) announced that Jared Isaacman, CEO, Brad Herring, CFO, and Taylor Lauber, CSO, will participate in a fireside chat at the RBC Financial Technology Conference on June 17, 2021, at 2:40 PM Eastern. The management team will also be available for one-on-one and small group meetings. Interested parties can access a live webcast of the chat via the Events & Presentations section of Shift4 Payments’ Investor Relations website or through a provided link.
Tao Group Hospitality has partnered with Shift4 Payments to enhance payment processing across its U.S. venues, including notable locations in New York, Las Vegas, Chicago, and Los Angeles. This collaboration will implement Shift4's secure, integrated payment solutions and the latest contactless payment technology, ensuring operational efficiency and improved guest experiences. Shift4 Payments (NYSE: FOUR) is recognized for its comprehensive payment solutions, supporting various industries and processing over 3.5 billion transactions annually.
Shift4 Payments (NYSE: FOUR) has released its 1Q 2021 financial results, showcasing its position as a leader in integrated payment processing solutions. The company has reported significant operational achievements and outlined plans for growth moving forward. For detailed results, interested parties can view the shareholder letter on the Investor Relations website. A conference call is scheduled for May 6, 2021, at 8:30 am ET to discuss these results. Shift4 processed over 3.5 billion transactions in 2019, supporting over 200,000 businesses.
Shift4 Payments (NYSE: FOUR) is set to release its first quarter 2021 financial results on May 6, 2021, before the market opens. A conference call will follow at 8:30 am ET the same day to discuss these results. Shift4 Payments, a leader in integrated payment processing solutions, processed over $200 billion in payments volume for over 200,000 businesses in 2019, showcasing its extensive reach and technological capabilities in various industries.
Shift4 Payments (NYSE: FOUR) celebrated the first anniversary of Shift4Cares.com, a platform aiding U.S. merchants amid COVID-19 challenges. Transaction volume data showed a 215% recovery in March 2021 from pandemic lows, with March end-to-end payment volume reaching $3.3B, a 40% increase from February and 82% year-over-year. Spring break travel contributed to recovery, particularly in Florida and Las Vegas, despite hotel transactions being 20% below pre-pandemic levels. CEO Jared Isaacman expressed optimism for further recovery as vaccinations rise.
Inspiration4, the first all-civilian mission to space, announced its final crew members, Christopher Sembroski and Dr. Sian Proctor, who will join Hayley Arceneaux and Jared Isaacman. The mission aims to inspire support for St. Jude Children's Research Hospital while showcasing possibilities for human spaceflight. The crew will undergo training with SpaceX, and the launch is targeted for Sept. 15, 2021, from NASA's Kennedy Space Center. The mission will raise funds for St. Jude, which has already garnered approximately $113M through donations.
Shift4 Payments (NYSE: FOUR) has announced six new integration partners for its Marketplace, enhancing its point-of-sale (POS) ecosystem. These integrations allow businesses to add features for online ordering, scheduling, and inventory management, thereby improving operational efficiency. Partners include OpenSimSim, Sling, BarVision, Craftable, Orca Inventory, and Yellow Dog Software, each providing unique tools that leverage POS data. CEO Jared Isaacman emphasized the company's commitment to offering a comprehensive commerce ecosystem, underscoring its competitive edge in the payment processing industry.
Shift4 Payments (NYSE: FOUR) has been named the Payment Processing Partner of the San Diego Padres, providing integrated payment solutions at Petco Park. The company’s secure payment technologies will streamline transactions and enhance guest experience. CEO Jared Isaacman highlighted the benefits of their end-to-end solution, particularly after the recent acquisition of VenueNext, strengthening their market position. With over 3.5 billion transactions processed for 200,000 businesses in 2019, Shift4 is poised to improve operations in sports and entertainment venues.
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