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 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced its second quarter 2024 financial results. The company has posted its Q2 2024 Shareholder Letter, which can be accessed on their Investor Relations website. Shift4 will host an earnings conference call on August 8th, 2024, at 8:30 a.m. ET to discuss the results. The call will be available via toll-free and toll dial-in numbers, as well as a live webcast on the company's website. Additionally, Shift4 will simulcast the live audio of the earnings call via X Spaces (formerly Twitter Spaces). Investors are encouraged to submit questions in advance via email for CEO Jared Isaacman to address during the call.
Kickfin, the leading tip management software, has announced a new integration with SkyTab, Shift4's restaurant point-of-sale (POS) solution. This integration allows restaurants using SkyTab to auto-calculate tip pools and send payouts directly to employees' bank accounts, eliminating the need for cash or pay cards. The partnership aims to modernize tip management for restaurants, streamlining operations and ensuring accuracy and compliance.
SkyTab POS offers a comprehensive suite of features, including online ordering, contactless payments, and built-in marketing tools. The integration with Kickfin enables complex tip policy calculations based on various factors such as roles, shifts, and sales categories. Kickfin's system provides robust payment tracking and reporting capabilities, simplifying accounting processes for restaurant managers.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced the release of its second quarter 2024 financial results on Thursday, August 8, 2024, before the market opens. The company will host a live conference call at 8:30 am ET to discuss the results.
Investors can join the call via toll-free dial-in at +1-877-407-0613 or toll dial-in at +1-201-689-8051. A live webcast will be available on Shift4's investor relations website. Additionally, the earnings call will be simulcast on X Spaces (formerly Twitter). Investors are encouraged to submit questions in advance to investors@shift4.com, with CEO Jared Isaacman addressing selected queries during the call.
Shift4 (NYSE:FOUR) has been selected by the Minnesota Vikings to manage payments at U.S. Bank Stadium, including food and beverage concessions and ticketing transactions. This partnership aims to provide a seamless fan experience during home games by integrating Shift4's advanced payment technology. As part of this collaboration, Shift4's end-to-end payment solution will handle all commercial activities at the venue, enhancing the efficiency of transactions and improving the overall fan experience.
Shift4's technology is currently utilized by every major professional sports league, numerous colleges, entertainment venues, and other business sectors worldwide. This partnership represents a significant deployment of Shift4’s comprehensive suite of technologies in a high-profile sports setting.
Fans can expect faster and more convenient transactions for tickets, food, and beverages, ensuring they spend less time waiting and more time enjoying the game.
FEVO, a leading e-commerce company enabling friends to shop together online, has announced a partnership with Shift4, a global leader in payment processing. Shift4 will serve as FEVO's preferred payment processor for all music festivals and General Admission events. This partnership will enhance payment and checkout solutions for venue, touring, and festival clients through online transactions, mobile ordering, QR-code ticket sales, and on-site GA sales. FEVO supports over 800 brands in live entertainment across the US and Canada, and has commenced integrating Shift4 payment systems with its clients in 2024.
Shift4 (NYSE:FOUR), a leader in integrated payments and commerce technology, has been chosen by San Diego FC (SDFC) to handle the team's ticketing transactions. SDFC, the newest MLS expansion team, will start competing in the 2025 season. The partnership aims to provide fans with a seamless ticket-buying experience. Shift4's solutions are already utilized by major professional sports leagues, colleges, and entertainment venues across the US, revolutionizing the way fans purchase and pay.
Shift4 has acquired a majority stake in Vectron Systems AG, gaining access to approximately 65,000 POS locations across Europe and a distribution network of around 300 POS resellers. This acquisition brings a €25 billion volume opportunity with minimal payment monetization currently. Shift4 plans to increase its ownership through a public tender offer soon, with a de-listing and formal integration to follow. Additionally, Shift4 completed its acquisition of Revel Systems, adding about 18,000 merchant locations and an estimated $17 billion payment opportunity. These moves are expected to significantly enhance Shift4's integrated payment services and strengthen its presence in both European and US markets.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has been named to the prestigious Fortune 1000® list for 2024. This recognition highlights the largest public companies in the US by revenue, reflecting Shift4's growth and influence in the payments industry. CEO Jared Isaacman expressed honor and pride in the company's journey from humble beginnings to a major player in global commerce.
Shift4's platform supports billions of transactions annually for a diverse clientele, including stadiums, hotels, restaurants, retail stores, and ecommerce brands. The company's ecosystem simplifies complex payment environments, enhancing operational efficiency and consumer payment processes.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced its participation in several upcoming investor conferences. Key management figures, including President and Chief Strategy Officer Taylor Lauber and CFO Nancy Disman, will be participating in fireside chats at the Baird 2024 Global Consumer, Technology, & Services Conference on June 5, the RBC FinTech Conference on June 11, and the Mizuho Technology Conference on June 12. These events will provide opportunities for one-on-one and small group meetings. Additionally, the fireside chats will be webcasted live, accessible via the Investor Relations section on Shift4’s website.
The Kansas City Chiefs have partnered with Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, to manage ticket sales at GEHA Field, Arrowhead Stadium.
This collaboration aims to enhance the fan experience for the 2024 season and beyond, integrating Shift4's technology with Ticketmaster.
Kim Hobbs, VP of Partnership Strategy and Development for the Chiefs, expressed excitement about the partnership, highlighting continual technology evaluations to improve fan engagement.
Anthony Perez, SVP of Online Payments & Venues at Shift4, emphasized their commitment to delivering a top-tier ticketing platform. Shift4's solutions are recognized across major professional sports leagues and various business sectors.
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