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and gone to work full-time) identified what he saw as inefficiencies in the industry. In response, he launched United Bank Card in his parents' basement in Far Hills, New Jersey. At the time, it generally took merchants about one month to set up a payment system and merchants had to pay for their
346:, processes payments for over 200,000 businesses in the retail, hospitality, leisure and restaurant industries. Shift4 specializes in commerce solutions such as mobile payment software and hardware. The company was publicly listed on the
363:
credit card readers and sign a lengthy application. As an alternative, Isaacman's new company cut the set-up time to one day, gave merchants free credit card readers and only required merchants sign a two-page application.
416:
It works primarily in the restaurant, hospitality, retail and e-commerce industries. Shift4 also offers cloud-based reporting and analytics software. In 2019, the company processed approximately 3.5 billion transactions.
400:
In March 2021, the company announced the acquisition of VenueNext, a provider of point-of-sale and payment solutions for stadiums, arena, and other entertainment venues. A year later, the company announced it acquired
369:
Between 2014 and 2017, the company expanded by acquiring multiple payment processing and point-of-sale companies, including
Merchant Services Inc. (the same company Isaacman worked for as a teen).
386:" for investors entirely online. The company was the first to ring the bell at the New York Stock Exchange after the trading floor was reopened following its shutdown because of the pandemic.
1381:
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Shift4 went public on the NYSE in June 2020, raising $ 345 million through its IPO. The company is one of the few companies to go public in the months after the start of the
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The company's business model involves integrating payment processing services into various hardware and software products as well as the gathering of business intelligence.
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In 2017, the company - then operating as the
Lighthouse Network - acquired payment gateway provider Shift4 Corporation and rebranded itself as Shift4 Payments.
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606:"Shift4 Payments just surged 46% in its public-market debut. Its CEO walked us through the 300-meeting virtual road show it took to launch the IPO"
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While working as an employee of a payment processing company, the 16-year-old
Isaacman (who had already earned his
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In 2012, United Bank Card rebranded as
Harbortouch to better reflect its point-of-sale and payment technology.
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The company rebranded once again in 2017 as
Lighthouse Network, with Harbortouch becoming a subsidiary.
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Nivedita, C; Manikandan, Abhishek; Hussain, Noor Zainab; Franklin, Joshua (5 June 2020).
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521:"Shift4 Payments stock surges after IPO in vote of confidence for economic recovery"
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731:"Shift4's acquisition of VenueNext paves way for payments in sports, entertainment"
75:
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839:"Lehigh Valley's Shift4 Payments files to go public with initial price offering"
37:
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771:"Shift4 Payments Announces Pricing of Public Offering of Class A Common Stock"
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746:"Finaro outlines its future plans following acquisition by US-based Shift4"
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655:"Lehigh Valley credit card processing company won't relocate headquarters"
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717:"Shift4 Payments Rebrands 3dcart, Launches eCommerce Platform Shift4Shop"
553:"Meet The Fighter-Jet-Flying 32-Year-Old On Top Of The Payments Industry"
397:
platform. In
January 2021, Shift4 rebranded this solution as Shift4Shop.
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493:"Triple U.S. Trading Debut Caps 2020's Best Week for Listings"
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464:"Shift4 Payments Is the Latest IPO to Soar Despite Pandemic"
793:"Payment Methods Shift4 Introduces Contactless QR Pay Tech"
681:"Lighthouse Network buys payment processing company Shift4"
632:"Shift4, Legend Biotech surge in banner week for U.S. IPOs"
816:"Raiders Thinking Ahead with Shift4 Payments Partnership"
342:. The company, founded in 1999 by the then 16-year-old
389:
In
November 2020, Shift4 announced the acquisition of
703:"Shift4 Payments Acquires 3dcart Ecommerce Platform"
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679:Nariyanuri, Sampath Sharma (17 January 2018).
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491:Tse, Crystal; Fioretti, Julia (4 June 2020).
8:
323:Financials as of December 31, 2023.
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1377:Companies based in Allentown, Pennsylvania
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879:
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857:
36:
29:
457:
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435:"Annual report Form 10-K 2023 Tesla Inc"
1362:Software companies of the United States
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570:
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1387:Software companies established in 1999
1372:American companies established in 1999
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672:
7:
683:. S&P Global Market Intelligence
653:Salamone, Anthony (22 March 2018).
551:Segran, Elizabeth (13 April 2015).
27:American payment processing company
773:. Yahoo Finance. 10 September 2020
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837:Salamone, Anthony (2020-06-05).
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604:Balogh, Shannon (6 June 2020).
320:Footnotes / references
744:Spiro, James (29 March 2022).
462:Beltran, Luisa (5 June 2020).
1:
814:Kudo, Hikaru (29 July 2020).
382:. The company completed its "
1392:Financial software companies
519:Bary, Emily (5 June 2020).
130:Center Valley, Pennsylvania
101:; 25 years ago
1408:
795:. PYMNTS.com. 24 June 2020
1367:Payment service providers
1321:
888:Payment service providers
318:
35:
348:New York Stock Exchange
340:Allentown, Pennsylvania
1197:Sarvatra Technologies
578:"Shift4Payments, Inc"
332:Shift4 Payments, Inc.
110:(as United Bank Card)
31:Shift4 Payments, Inc.
907:Airtel Payments Bank
818:. Sports Illustrated
296:Number of employees
268:US$ 3,387.8 million
155:United Kingdom
32:
841:. The Morning Call
657:. The Morning Call
440:. January 29, 2024
336:payment processing
158:United States
90:Financial services
1349:
1348:
380:COVID-19 pandemic
338:company based in
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328:
300:3,030 (2023)
288:US$ 868.4 million
228:US$ 114.8 million
16:(Redirected from
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991:Chase Paymentech
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1073:Oxigen Services
1018:Global Payments
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555:. Fast Company
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733:. 2021-03-10.
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719:. 2021-01-27.
718:
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705:. 2020-11-05.
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1242:Worldline SA
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843:. Retrieved
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557:. Retrieved
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471:. Retrieved
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442:. Retrieved
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331:
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290: (2023)
277:Total equity
270: (2023)
257:Total assets
250: (2023)
230: (2023)
210: (2023)
125:Headquarters
76:Russell 1000
45:Company type
1145:paysafecard
1088:Paymentwall
495:. Bloomberg
325:References:
142:Area served
18:Harbortouch
1356:Categories
1013:Freecharge
912:Amazon Pay
421:References
395:E-commerce
237:Net income
167:Key people
1293:PayDirect
1273:Billpoint
1140:Openbucks
1103:Braintree
917:Ant Group
822:5 October
777:5 October
634:. Reuters
186:President
78:component
72:(Class A)
57:Traded as
1331:Category
1288:Wirecard
1252:YooMoney
1237:WebMoney
1227:VersaPay
1222:Verifone
1212:Tata Neu
1135:Neteller
1125:PayPoint
1093:Payoneer
1078:Passport
1048:MobiKwik
1028:Ingenico
974:Cash App
969:Afterpay
959:BillDesk
755:10 April
468:Barron's
444:June 10,
409:Services
384:roadshow
86:Industry
1283:Clinkle
1266:Defunct
1217:Tencent
1167:PhonePe
1130:Paysafe
799:22 July
661:17 July
354:History
305:Website
196:Revenue
115:Founder
104: (
96:Founded
68::
1207:Stripe
1202:Shift4
1192:Remita
1150:Skrill
1108:Zettle
1098:PayPal
1038:Mi-Pay
1033:Klarna
1008:Dwolla
979:Square
937:Wallet
895:Active
845:3 July
687:6 July
638:3 July
615:9 July
584:3 July
559:3 July
527:3 July
499:3 July
473:3 July
403:Finaro
391:3dcart
350:2020.
310:shift4
152:Europe
149:Canada
49:Public
1308:Ukash
1182:Quahl
1157:Paytm
1113:Venmo
1068:Opayo
1063:Nuvei
1053:Nagad
1023:Gopay
996:WePay
964:Block
954:bKash
922:Apple
902:Adyen
750:CTECH
438:(PDF)
393:, an
1341:List
1313:Zong
1298:Qiwi
1278:C2it
1257:Zeta
1232:Veem
1177:QRIS
1162:PayU
1118:Xoom
1083:Paya
1058:Nexi
986:BPAY
949:BHIM
944:Atom
927:Card
847:2020
824:2020
801:2020
779:2020
757:2022
689:2020
663:2020
640:2020
617:2020
586:2020
561:2020
529:2020
501:2020
475:2020
446:2024
312:.com
206:US$
106:1999
99:1999
70:FOUR
66:NYSE
1303:Tez
1043:Mir
1003:CNG
932:Pay
360:GED
179:CEO
1358::
748:.
671:^
608:.
594:^
569:^
537:^
509:^
483:^
466:.
454:^
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448:.
188:)
181:)
177:(
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
