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Shift4 and Miami HEAT Announce Ticketing Partnership

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Shift4 (NYSE:FOUR), a leader in integrated payments and commerce technology, has partnered with the Miami HEAT to power ticketing transactions at Kaseya Center. This collaboration aims to enhance the ticket-buying experience for fans through Shift4's end-to-end payment solution. Eric Woolworth, President of The HEAT Group's Business Operations, emphasized the partnership's role in improving ticketing efficiency and reliability. Anthony Perez, Shift4's SVP of Online Payments & Venues, highlighted the company's ability to meet the high-volume demands of modern sporting venues.

Shift4's integrated commerce solutions are widely used across major professional sports leagues, colleges, and entertainment venues, transforming fan and guest experiences in shopping, ordering, and payment processes.

Shift4 (NYSE:FOUR), un leader nella tecnologia dei pagamenti integrati e del commercio, ha avviato una collaborazione con i Miami HEAT per gestire le transazioni di biglietteria presso il Kaseya Center. Questa collaborazione mira a migliorare l'esperienza di acquisto dei biglietti per i fan attraverso la soluzione di pagamento end-to-end di Shift4. Eric Woolworth, Presidente delle Operazioni Commerciali del Gruppo HEAT, ha sottolineato il ruolo dell'accordo nel migliorare l'efficienza e l'affidabilità del sistema di biglietteria. Anthony Perez, SVP di Pagamenti Online e Luoghi di Shift4, ha evidenziato la capacità dell'azienda di soddisfare le elevate richieste delle moderne strutture sportive.

Le soluzioni commerciali integrate di Shift4 sono ampiamente utilizzate in tutte le principali leghe sportive professionistiche, università e locali di intrattenimento, trasformando le esperienze di fan e ospiti in termini di acquisto, ordinazione e processi di pagamento.

Shift4 (NYSE:FOUR), líder en tecnología de pagos integrados y comercio, se ha asociado con los Miami HEAT para gestionar las transacciones de ticketing en el Kaseya Center. Esta colaboración tiene como objetivo mejorar la experiencia de compra de boletos para los fanáticos a través de la solución de pago integral de Shift4. Eric Woolworth, Presidente de las Operaciones Comerciales del Grupo HEAT, enfatizó el papel de la asociación en la mejora de la eficiencia y fiabilidad en la venta de boletos. Anthony Perez, SVP de Pagos en Línea y Lugares de Shift4, destacó la capacidad de la empresa para satisfacer las altas demandas de las modernas instalaciones deportivas.

Las soluciones comerciales integradas de Shift4 se utilizan en importantes ligas deportivas profesionales, universidades y lugares de entretenimiento, transformando las experiencias de los fanáticos y los invitados en compras, pedidos y procesos de pago.

Shift4 (NYSE:FOUR)는 통합 결제 및 상거래 기술의 선두주자로, 마이애미 히트와 협력하여 Kaseya Center에서 티켓 거래를 운영하게 되었습니다. 이 협력은 Shift4의 종합 결제 솔루션을 통해 팬들의 티켓 구매 경험을 향상시키고자 하는 목표를 가지고 있습니다. Eric Woolworth, HEAT 그룹의 비즈니스 운영 사장은 이 파트너십이 티켓팅의 효율성과 신뢰성을 개선하는 데 중요한 역할을 한다고 강조했습니다. Anthony Perez, Shift4의 온라인 결제 및 장소 담당 수석 부사장은 회사가 현대 스포츠 시설의 대량 요구를 충족할 수 있는 능력을 강조했습니다.

Shift4의 통합 상거래 솔루션은 주요 프로 스포츠 리그, 대학 및 엔터테인먼트 장소에서 널리 사용되며, 팬과 고객의 쇼핑, 주문 및 결제 과정에서 경험을 혁신하고 있습니다.

Shift4 (NYSE:FOUR), un leader dans la technologie des paiements intégrés et du commerce, s'est associé aux Miami HEAT pour gérer les transactions de billetterie au Kaseya Center. Cette collaboration vise à améliorer l'expérience d'achat de billets pour les fans grâce à la solution de paiement tout-en-un de Shift4. Eric Woolworth, Président des opérations commerciales du groupe HEAT, a souligné le rôle de ce partenariat dans l'amélioration de l'efficacité et de la fiabilité de la billetterie. Anthony Perez, SVP des paiements en ligne et des lieux chez Shift4, a mis en avant la capacité de l'entreprise à répondre aux exigences élevées des installations sportives modernes.

Les solutions commerciales intégrées de Shift4 sont largement utilisées dans les grandes ligues sportives professionnelles, les universités et les lieux de divertissement, transformant les expériences des fans et des invités en matière de shopping, de commande et de processus de paiement.

Shift4 (NYSE:FOUR), ein führendes Unternehmen im Bereich integrierte Zahlungen und Handelstechnologie, hat eine Partnerschaft mit den Miami HEAT geschlossen, um die Tickettransaktionen im Kaseya Center zu betreiben. Diese Zusammenarbeit zielt darauf ab, das Ticketkauf-Erlebnis für die Fans durch die End-to-End-Zahlungslösung von Shift4 zu verbessern. Eric Woolworth, Präsident der Geschäftsbetriebsgruppe HEAT, betonte die Rolle der Partnerschaft bei der Verbesserung der Ticketing-Effizienz und -Zuverlässigkeit. Anthony Perez, SVP für Online-Zahlungen und Veranstaltungsorte bei Shift4, hob die Fähigkeit des Unternehmens hervor, die hohen Anforderungen moderner Sportstätten zu erfüllen.

Die integrierten Handelssysteme von Shift4 werden in großen professionellen Sportligen, Colleges und Unterhaltungseinrichtungen umfassend genutzt und verändern die Erfahrungen von Fans und Gästen in den Bereichen Shopping, Bestellung und Zahlungsprozesse.

Positive
  • Partnership with Miami HEAT expands Shift4's presence in the sports industry
  • Potential for increased revenue through high-volume ticketing transactions
  • Enhancement of Shift4's brand visibility in a major sports market
Negative
  • None.

This partnership between Shift4 and the Miami HEAT represents a strategic move in the sports ticketing industry. While the financial terms aren't disclosed, the deal's impact on Shift4 (NYSE:FOUR) could be significant. The company's expansion into major league sports venues enhances its market position and could drive revenue growth in the high-volume ticketing sector.

For investors, this partnership signals Shift4's growing presence in the lucrative sports and entertainment market. The company's ability to secure contracts with high-profile teams like the HEAT demonstrates its competitive edge in integrated payment solutions. This could potentially lead to increased transaction volume and recurring revenue for Shift4, making it an interesting prospect for those investing in the fintech and sports entertainment sectors.

Shift4's end-to-end payment solution for the Miami HEAT showcases the company's technological capabilities in handling high-volume, real-time transactions. The emphasis on a "seamless ticket-buying experience" indicates advanced integration and user interface design, important for modern sports venues.

From a technical standpoint, this partnership highlights Shift4's ability to scale its systems to meet the demands of major sports franchises. The company's success in securing contracts across various professional sports leagues suggests a robust and adaptable platform. For tech-savvy investors, this demonstrates Shift4's potential for further expansion and innovation in the integrated payments space, particularly in high-pressure, high-volume environments where reliability is paramount.

While specific financial details are not disclosed, this partnership likely represents a positive revenue stream for Shift4. The company's expansion into major league sports venues, particularly with a high-profile team like the Miami HEAT, could significantly boost transaction volumes and processing fees.

Investors should note that Shift4's growing presence in the sports and entertainment sector diversifies its revenue sources and potentially reduces business cyclicality. The company's ability to secure contracts with major sports franchises may also enhance its valuation multiples, as it demonstrates scalability and market penetration. However, the true financial impact will depend on the contract's terms and the volume of transactions processed, which should be monitored in future earnings reports.

Shift4’s integrated payments technology will power the HEAT’s ticket sales for a seamless fan experience.

MIAMI & CENTER VALLEY, Pa.--(BUSINESS WIRE)-- Shift4 (NYSE:FOUR), the leader in integrated payments and commerce technology, has been selected to power ticketing transactions for the Miami HEAT. Shift4’s end-to-end payment solution will facilitate a seamless ticket-buying experience for games at Miami’s Kaseya Center.

Shift4 partners with the Miami HEAT to power the team's ticket sales. (Graphic: Business Wire)

Shift4 partners with the Miami HEAT to power the team's ticket sales. (Graphic: Business Wire)

“Shift4’s technology improves Kaseya Center’s ticketing efficiency and reliability,” said Eric Woolworth, President of The HEAT Group’s Business Operations. “We always want our guests to have as seamless and enjoyable experience as possible and this partnership with Shift4 is another step toward that goal.”

“We’re thrilled to partner with the HEAT to deliver a world-class ticketing experience to the team and their fans,” said Anthony Perez, Shift4’s SVP of Online Payments & Venues. “Our payments tech provides a seamless checkout process to meet the fast-paced, high-volume demands of today’s sporting venues.”

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.

About The HEAT Group

The HEAT Group is comprised of the National Basketball Association’s Miami HEAT and the 19,600-seat Kaseya Center. The HEAT is a three-time NBA Champion having won titles in 2006, 2012 and 2013 and is a celebrated leader in every discipline of the business of basketball. Kaseya Center, home of the HEAT, is a LEED Gold Recertified, award-winning, state-of-the-art facility, which hosts more than 150 events per year. Kaseya Center has maintained its position as the #1 Arena in Florida for the ninth consecutive year—and the 12th time during the past 13 years—according to 2023 year-end rankings of the world’s top arenas conducted by both Pollstar and Billboard. The Arena is located on the waterfront in the thriving arts and entertainment district in downtown Miami. For more information, please visit HEAT.com and Kaseyacenter.com.

Media

Nate Hirshberg

SVP, Marketing

Shift4

nhirshberg@shift4.com



Lorrie-Ann Diaz

VP, Business Communications & Social Responsibility

Miami HEAT

786.777.4103

ladiaz@heat.com

Source: Shift4

FAQ

What is the new partnership between Shift4 and Miami HEAT?

Shift4 (NYSE:FOUR) has partnered with the Miami HEAT to power ticketing transactions at Kaseya Center, providing an end-to-end payment solution for a seamless ticket-buying experience.

How will Shift4's technology benefit Miami HEAT fans?

Shift4's integrated payments technology will improve ticketing efficiency and reliability at Kaseya Center, offering fans a more seamless and enjoyable ticket-buying experience for Miami HEAT games.

In which other industries does Shift4 (NYSE:FOUR) operate?

Shift4's integrated commerce solutions are used across major professional sports leagues, colleges, entertainment venues, and various other business verticals, transforming shopping, ordering, and payment experiences.

Who are the key executives mentioned in the Shift4 and Miami HEAT partnership?

Eric Woolworth, President of The HEAT Group's Business Operations, and Anthony Perez, Shift4's SVP of Online Payments & Venues, were mentioned as key executives in the partnership announcement.

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