Shift4 Payments Strengths, Domain Expertise, and Key Differentiators
Shift4 Payments is a 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. Shift4 securely processes billions of transactions annually for hundreds of thousands of businesses across the United States.
Shift4 Payments Recent Developments
In January 2021 Shift4 Payments has rebranded its eCommerce platform as Shift4Shop. The company also announced an innovative new pricing model that provides its premium eCommerce services at no charge when merchants use the company’s payment processing solution. Shift4Shop, previously known as 3dcart and acquired by Shift4 in November 2020, is a feature-rich eCommerce platform serving businesses of all sizes in a wide range of industries across the globe. The company provides everything a business needs to build a secure eCommerce website and start selling products or services online. This turnkey eCommerce experience includes a robust website builder, product and order management, customer marketing tools, and more. Customers can choose from dozens of professionally designed, industry-specific templates, all of which are mobile-friendly, SEO-optimized, and highly customizable. The platform encompasses hundreds of best-in-class features including social media marketing, SEO, and an expansive marketplace ecosystem of third-party developers, experts, and affiliates. Similar solutions from competitors can cost nearly $300 or more per month, but Shift4Shop has upended the traditional tiered billing model and will offer all of the platform’s premium features at no cost when Shift4’s payment solution is used. This unique pricing approach eliminates a sizeable expense for eCommerce merchants, providing a meaningful boost to their bottom line.
Shift4 Payments Mergers and Acquisitions (M&A) Activities
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. This best-in-class mobile technology will add value across the entire Shift4 ecosystem. This acquisition uniquely positions Shift4 as the only vertically integrated provider to power every aspect of in-venue commerce, including software (Mobile & POS), transaction gateway, and payment processing capabilities. This one-stop-shop solution delivers a compelling value proposition to venues by reducing cost and complexity, similar to Shift4’s end-to-end offering in other verticals.
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 Shift4Shop Enterprise, Shift4 Lighthouse customers.
Shift4 Payments Overview
Ownership: - NYSE : FOUR
Number of Employees: 1305
Key Verticals: Aerospace and Defense, Automotive, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Shift4 Payments Key Enterprise and Cloud Applications
Shift4Shop Enterprise, Shift4 Lighthouse
Shift4 Payments Revenues, $M:
|Type/Year||2019||2020||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:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
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||2020 Total Revenues, $M||2020 Enterprise Applications Revenues, $M||2020 Cloud Applications Revenues, $M|
Shift4 Payments Direct vs Indirect sales
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Shift4 Payments Customers - Breakdown by Geo, Size, Vertical and Product
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
Their customers range from small to medium-size businesses, or SMBs, to large enterprises across numerous verticals, including food and beverage, lodging, and leisure. Over 200,000 of the customers that rely on our technology are SMBs. In addition, our merchant base is highly diversified with no single merchant representing more than 1% of end-to-end payment volume for the years ended December 31, 2020, 2019, and 2018.
Shift4 Payments Market Opportunities, M&A and Geo Expansions
In October 2021 PXP Financial the expert in acquiring and payment processing services announced a partnership with a leading provider of integrated payment processing and technology solutions Shift4, as PXP expands its capabilities in the US market. Following a successful year in the US market, the partnership will see Shift4 added to PXP’s platform as an acquirer, improving the payment specialist’s connectivity and reach in the US market, allowing for further growth across the country. It allows for PXP Financial customers to reach a wider market and offer an improved payment experience to end-users.
Shift4 Payments Risks and Challenges
The financial services, payments, and payment technology industries are highly competitive, compete against all forms of financial services and payment systems, including cash and checks and electronic, mobile, eCommerce, and integrated payment platforms. Many of the areas are evolving rapidly with changing and disruptive technologies, shifting user needs, and frequent introductions of new products and services.
Shift4 Payments Ecosystem, Partners, Resellers and SI
Shift4 has a partner-centric distribution approach. They market and sell solutions through a diversified network of over 7,000 software partners, which consists of ISVs and VARs. ISVs are technology providers that develop commerce-enabling software suites with which they can bundle our payments platform. VARs are organizations that provide distribution support for ISVs and act as trusted and localized service providers to merchants by providing them with software and services.
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
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).
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