Shift4 Payments Adds Six New Integration Partners to Marketplace

Rhea-AI Summary

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.

Positive

• Addition of six new integration partners enhances capabilities of Shift4's Marketplace.
• New partners offer specialized solutions for scheduling, inventory, and restaurant management.
• Integrations improve operational efficiency for businesses leveraging POS data.
• Shift4 maintains a strong position in the integrated payment processing market.

Negative

• None.

Shift4 Payments (NYSE: FOUR), the leader in integrated payment processing solutions, today announced the addition of six new integration partners into the company’s Marketplace. These integrations enable Shift4 customers to seamlessly add new features and capabilities directly into their point-of-sale (POS) system, enhancing the company’s value proposition by delivering a central hub for all business management tools.

As part of the company’s end-to-end ecosystem, Shift4’s Marketplace connects restaurants and other businesses with numerous third-party applications, including solutions for online ordering, online reservations, employee scheduling, accounting, loyalty, marketing, and more. These solutions are typically offered with special pricing exclusive to Shift4 customers and utilize data from the POS system for a fully integrated experience.

The new additions to Shift4’s Marketplace include solutions for scheduling, inventory and restaurant management:

• OpenSimSim – OpenSimSim is an employee scheduling and time clock solution to help businesses reduce labor costs, communicate more effectively with their staff, and stay labor compliant.
• Sling – Sling is an employee scheduling, time clock, and communication tool that improves the efficiency of labor management tasks.
• BarVision – BarVision is a liquor monitoring solution that helps bars add more revenue, deliver a consistent customer experience, and sell more profitable drinks.
• Craftable - Craftable is an inventory management platform that connects purchasing, recipes, inventory, and sales using POS data to help operators drive profit.
• Orca Inventory – Orca offers a fully integrated management software for restaurants that automates the inventory and ordering processes.
• Yellow Dog Software – Yellow Dog is an inventory management system that works seamlessly with the POS system to track inventory and control costs.

These new partners join the existing list of Shift4 Marketplace integrations that includes Uber Eats, DoorDash, Mailchimp, and many more.

“Shift4 strives to deliver a unified commerce ecosystem that extends beyond payment processing to include a wide range of valuable services for our customers,” said Shift4 Payments CEO Jared Isaacman. “This approach simplifies operations for our clients and reinforces our one-stop-shop value proposition. With the newest additions to our Marketplace, we have further established why our end-to-end payment solution is the best value in the industry.”

For more information, visit shift4.com/marketplace.

About Shift4

Shift4 Payments (NYSE: FOUR) is a leading provider of integrated payment processing and technology solutions, delivering a complete omnichannel ecosystem that extends beyond payments to include a wide range of commerce-enabling services. The company’s technologies help power over 350 software providers in numerous industries, including hospitality, retail, F&B, eCommerce, lodging, gaming, and many more. With over 7,000 sales partners, the company securely processed more than $200 billion in payments volume for over 200,000 businesses in 2019. For more information, visit www.shift4.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210326005005/en/

FAQ

What new partners have joined Shift4 Payments (FOUR) Marketplace?

Shift4 Payments announced six new partners: OpenSimSim, Sling, BarVision, Craftable, Orca Inventory, and Yellow Dog Software.

How do the new integrations impact Shift4 Payments (FOUR)?

The new integrations enhance Shift4's Marketplace by providing additional functionalities for business management, improving overall efficiency.

What services do the new partners of Shift4 Payments (FOUR) offer?

The new partners offer solutions for employee scheduling, inventory management, and liquor monitoring, among others.

What industry does Shift4 Payments (FOUR) operate in?

Shift4 Payments operates in the integrated payment processing and technology solutions industry.

When was the announcement about new partners made for Shift4 Payments (FOUR)?

The announcement was made today, according to the latest press release.