Shift4 Payments, Inc. (NYSE: FOUR) is a payments technology company that processes card-present and card-not-present transactions for merchants across hospitality, food and beverage, gaming, stadiums, and other verticals. It makes money primarily on a volume-based, transactional model, earning fees on the gross dollar value of payments processed through its platform, with additional revenue from software subscriptions, hardware, and gateway services. The company serves merchants directly and through a network of independent software vendors and resellers, competing against processors such as Fiserv, Global Payments, and Worldpay. Shift4 was founded and is headquartered in the United States. Based on the 10-K filed 2026-02-27 (accession 000179466926000010), specific FY2025 revenue figures, segment breakdowns, and customer counts are not supported by the provided filing excerpts and are therefore omitted.

Revenue model

Transactional processing fees based on payment volume, plus software subscription fees, hardware sales, and gateway services revenue.

Products and services

Payment processing platform, point-of-sale software, payment gateway, hardware terminals, and integrated commerce technology for merchants.

Customers and end markets

Merchants in hospitality, food and beverage, gaming, stadiums, and specialty retail; served directly and through independent software vendors and resellers.

Value-chain role

Merchant acquirer and payment processor; sits between merchants and card networks, handling authorization, settlement, and software integration.

Geographic exposure

United States-headquartered; specific international revenue breakdown not supported by provided filing excerpts.

Competitors

Fiserv, Global Payments, Worldpay

Source: SEC 10-K, filed 2026-02-27

Industry: Services-Business Services, NEC Peers: Euronet Worldwide Inc Exlservice Holdings Inc Flywire Corp Verra Mobility Corp Marqeta Inc Maximus Inc Payoneer Global Inc TTEC Holdings Inc Visa Inc Western Union Co