Shift4 October Business Update
28 Oktober 2021 - 7:00PM
Business Wire
Shift4 (NYSE: FOUR), the leader in integrated payment processing
solutions, today announced that October payment volume is up over
80% versus the similar period a year ago, and active merchant
counts are up over 25% for the same period. While this record
performance is strong across all core markets, the sports and
entertainment vertical is particularly strong, with over 80 venues
and sports teams adopting Shift4 software and payment services
during the past several months.
Despite constrained supply chains around the world, Shift4 has
been able to support this growth through a wide variety of payment
devices, with over 40 PCI validated devices using Shift4’s
proprietary encryption. Possessing so many unique hardware
certifications is central to Shift4’s integrated payment strategy:
it has afforded the company significant optionality in order to
meet current and anticipated demand without any disruption.
“We look forward to sharing details on our strong performance
during our Investor Field Day on November 10th at Allegiant Stadium
in Las Vegas,” said Jared Isaacman, Shift4 CEO. “In addition to
continued progress across our core markets, we’ve got some very
exciting wins in new verticals, including the most significant TAM
expansion initiative yet. We are excited to share more details on
these notable wins, product and market updates as well as to set
expectations for the year ahead.”
The Investor Field Day event will follow the release of Shift4’s
third quarter results earlier that morning. Additional information
regarding our quarterly earnings release and Investor Field Day
event can be found on our Investor Relations website.
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
www.shift4.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211028005992/en/
Investor Relations Sloan Bohlen Managing Director
Solebury Trout investors@shift4.com
Thomas McCrohan EVP, Strategy & Investor Relations Shift4
(484) 735-0779 tmccrohan@shift4.com
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