Shift4 Payments Launches QR Code Ordering Solution
12 Oktober 2020 - 2:00PM
Business Wire
New offering enables restaurant customers to
order and pay from their phone
Shift4 Payments (NYSE: FOUR), a leading provider of integrated
payment processing, today announced a contactless QR code ordering
solution for restaurants.
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the full release here:
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This solution provides restaurants with a custom QR code that
can be displayed on table tents, placemats, etc. for customers to
scan with their phone in order to view the menu and place their
order. The order is sent directly to the restaurant’s point-of-sale
(POS) system so that it can be prepared and served like any other
order.
This innovative technology is fully integrated with a number of
leading POS systems and is offered completely free of charge to
Shift4 clients.
Shift4 launched QR Pay earlier this year, allowing customers to
pay through their phones for a touch-free payment experience. This
new offering expands on that functionality by allowing customers to
place orders through their phones as well, delivering a completely
contactless dining experience. In addition to being more sanitary,
this solution offers improved operational efficiency for
restaurants and increased convenience for their customers.
Shift4 Payments CEO Jared Isaacman stated, “As contactless
solutions become more popular with consumers, it’s important that
businesses are able to provide an experience that caters to this
demand. Our QR code technology enables restaurants to provide their
patrons with a touch-free dining experience that’s secure, safe,
and convenient.”
For additional information, visit
www.shift4.com/contactless.
About Shift4 Payments
Shift4 Payments (NYSE: FOUR) is a leading provider of integrated
payment processing and technology solutions, delivering a complete
omni-channel ecosystem that extends beyond payments to include a
wide range of value-added services. The company’s technologies help
power over 350 software providers in numerous industries, including
hospitality, retail, F&B, e-commerce, lodging, gaming, and many
more. With over 7,000 sales partners, the company securely
processed more than 3.5 billion transactions annually for over
200,000 businesses in 2019. For additional information, visit
shift4.com.
Safe Harbor Statement and Forward
Looking Information
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not
relate to matters of historical fact should be considered
forward-looking statements, including statements regarding the
anticipated performance of Shift4 Payment, Inc.’s (“our”, the
“Company” or Shift4”) processing solutions. These statements are
neither promises nor guarantees, but involve known and unknown
risks, uncertainties and other important factors that may cause our
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements, including,
but not limited to, the following: the effect of the COVID-19
global pandemic on our business and results of operations; our
ability to differentiate ourselves from our competitors and compete
effectively; our ability to anticipate and respond to changing
industry trends and merchant and consumer needs; our ability to
continue making acquisitions of businesses or assets; our ability
to continue to expand our market share or expand into new markets;
our reliance on third-party vendors to provide products and
services; our ability to integrate our services and products with
operating systems, devices, software and web browsers; our ability
to maintain merchant and software partner relationships and
strategic partnerships; the effects of global economic, political
and other conditions on consumer, business and government spending;
our compliance with governmental regulation and other legal
obligations, particularly related to privacy, data protection and
information security, and consumer protection laws; our ability to
establish, maintain and enforce effective risk management policies
and procedures; our ability to protect our systems and data from
continually evolving cybersecurity risks, security breaches and
other technological risks; potential harm caused by software
defects, computer viruses and development delays; the effect of
degradation of the quality of the products and services we offer;
potential harm caused by increased customer attrition; potential
harm caused by fraud by merchants or others; potential harm caused
by damage to our reputation or brands; our ability to recruit,
retain and develop qualified personnel; our reliance on a single or
limited number of suppliers; the effects of seasonality and
volatility on our operating results; the effect of various legal
proceedings; our ability to raise additional capital to fund our
operations; our ability to protect, enforce and defend our
intellectual property rights; our ability to establish and maintain
effective internal control over financial reporting and disclosure
controls and procedures; our compliance with laws, regulations and
enforcement activities that affect our industry; our dependence on
distributions from Shift4 Payments, LLC to pay our taxes and
expenses, including payments under the Tax Receivable Agreement;
and the significant influence Rook and Searchlight will continue to
have over us after this offering, including control over decisions
that require the approval of stockholders. These and other
important factors are discussed under the caption “Risk Factors” in
our final prospectus filed with the SEC on September 10, 2020
pursuant to Rule 424(b)(4), our Form 10-Q filed with the SEC on
August 12, 2020, and our other filings with the SEC could cause
actual results to differ materially from those indicated by the
forward-looking statements made in this press release. Any such
forward-looking statements represent management’s estimates as of
the date of this press release. While we may elect to update such
forward-looking statements at some point in the future, we disclaim
any obligation to do so, even if subsequent events cause our views
to change.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201012005196/en/
Nate Hirshberg Vice President, Marketing Shift4 Payments
nhirshberg@shift4.com
James McCusker Managing Director Solebury Trout
jmccusker@soleburytrout.com
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