Shift4 Payments Strengths, Domain Expertise, and Key Differentiators
Shift4 is an independent provider of software and payment processing solutions in the United States, recognized for its extensive volume of processed payments. Attaining its prominent position through years of expertise, Shift4 excels in addressing the diverse business and operational challenges inherent in meeting its customers' comprehensive commerce requirements. Its clientele encompasses a wide spectrum, ranging from small owner-operated local businesses to multinational enterprises engaged in commerce across the globe.
Shift4 Payments Recent Developments
In February of 2024, Shift4 introduced the SkyTab Website Builder, a sophisticated AI-driven platform tailored for restaurants seeking to efficiently establish an online presence. This innovative solution is offered complimentary to all enterprises leveraging Shift4’s SkyTab POS system. The SkyTab Website Builder empowers restaurateurs to effortlessly launch their personalized websites within minutes, a task conventionally consuming hours or even days. By furnishing basic business information, the intuitive AI engine orchestrates the website creation process. These websites boast customizable features to align with the restaurant's unique branding, seamlessly integrating with SkyTab's online ordering and reservation systems, thus ensuring a cohesive and enhanced customer journey.
Shift4 Payments Mergers and Acquisitions (M&A) Activities
In October 2023, Shift4 finalized its previously disclosed acquisition of Finaro, a cross-border e-commerce payments provider and fully licensed bank with a substantial presence in Europe. This transaction marks a significant expansion for Shift4, broadening its total addressable market in terms of both geographic reach and industry verticals.
In March 2021 Shift4 Payments acquired VenueNext, a leader in next-generation mobile commerce, point-of-sale, and loyalty solutions for venues. This acquisition enhances Shift4’s presence and capabilities in a number of large and growing verticals such as stadiums and arenas, while significantly expanding the company’s total addressable market with entry into entertainment, universities, theme parks, airports, and other verticals. VenueNext is used by teams in every major professional sports league, in addition to colleges and other business verticals such as amusement parks and corporate campuses, all of whom will now have access to the combined offering from Shift4. The company’s product suite includes mobile ordering, full venue point-of-sale software, branded mobile applications (turnkey white-label apps for teams/venues), and a mobile wallet/loyalty engine.
Shift4 Payments Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Shift4 Payments applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Shift4 Payments and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified SkyTab POS, SkyTab Mobile, customers.
Shift4 Payments Overview
2202 N. Irving Street
Allentown, PA, 18109, United States
1 888-276-2108
https://www.shift4.com/
Ownership: - NYSE : FOUR
Number of Employees: 3030
Functional Markets: eCommerce, ERP Financial, ERP Services and Operations,
Key Verticals: Consumer Packaged Goods, Leisure and Recreation, Hospitality, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Professional Services, Retail, Transportation,
Shift4 Payments Key Enterprise and Cloud Applications
SkyTab POS, SkyTab Mobile,
Shift4 Payments Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Shift4 Payments Revenue Breakdown By Type, $M:
Shift4 Payments Enterprise Applications Revenues By Functional Markets, $M:
Shift4 Payments Enterprise Applications Revenues By Verticals, $M:
Shift4 Payments Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Shift4 Payments Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Shift4 Payments Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Shift4 Payments Customers
No. of Shift4 Payments Customers: 200000
No. of Shift4 Payments Enterprise Applications Customers: 200000
No. of Shift4 Payments Cloud Customers: x
No. of Shift4 Payments Cloud Subscribers: x
In addition to serving small and medium-sized businesses (SMBs), Shift4 maintains robust relationships with large enterprises spanning numerous locations. Its enterprise clientele includes prestigious entities such as stadiums, arenas, resorts, and airlines. With a customer base exceeding 200,000, notable clients include Tanglewood Resort & Conference Center, Orlando Magic, Baltimore Ravens, Miami Dolphins, Hard Rock Stadium, and many other esteemed organizations.
Shift4 Payments Market Opportunities, M&A and Geo Expansions
By the conclusion of 2022, Shift4 Payments unveiled a cutting-edge online payments platform accompanied by advanced developer tools, tailored to meet the needs of eCommerce enterprises across various scales. This innovative solution empowers businesses to effortlessly generate a customizable checkout form, seamlessly embeddable onto any webpage through the integration of just a few lines of code. Offering an intuitive and mobile-responsive user interface, the form supports 24 languages, over 160 currencies, and all major card types. Moreover, it facilitates a diverse array of payment scenarios, including one-time payments, recurring payments, and subscriptions, as well as hybrid billing models encompassing both one-time fees and subscription costs, along with variable billing structures suited for pay-per-use or pay-per-user business models. Additionally, the platform integrates smart anti-fraud mechanisms designed to thwart fraudulent transactions and safeguard businesses against chargebacks.
Shift4 Payments Risks and Challenges
The financial services, payments, and payment technology sectors operate within highly competitive landscapes, contending with various forms of financial services and payment systems. These encompass traditional methods such as cash and checks, alongside electronic, mobile, eCommerce, and integrated payment platforms. Many facets of these industries undergo rapid evolution, driven by changing and disruptive technologies, shifting user preferences, and frequent introductions of new products and services.
Shift4 Payments Ecosystem, Partners, Resellers and SI
Shift4 strategically disseminates its services through a comprehensive network comprising proficient internal sales and support teams, alongside a diverse array of software partners. These esteemed partners encompass independent software vendors (ISVs) and value-added resellers (VARs). Shift4 extends to its software partners a unified integration solution, facilitating access to an expansive international end-to-end payment suite, proprietary gateway, and an extensive array of technology solutions aimed at augmenting software value and streamlining payment acceptance processes.
For its merchants, Shift4 ensures an integrated and seamless consumer experience, catering to diverse business needs that would typically necessitate engagement with multiple software, hardware, and payment vendors.
Shift4 Payments Cloud Infrastructure Insights
Subscribe to read more about:
- Shift4 Payments Public Cloud and Infrastructure (IaaS)
- Shift4 Payments Platform (PaaS)
- Shift4 Payments Application Delivery
- Shift4 Payments Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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