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Shift4 Corporation Experiences 400% Growth in Transaction Volume in 2003

Wednesday 28 January 2004 00:17 CET | News

$$$ ON THE NET, Shift4s web-based e-payment solution, processed nearly $6 billion in payments, representing nearly 32 million transactions, in 2003. These numbers are almost quadruple those from 2002. Contributing to Shift4s strong growth was a number of significant new customer signings, including the N9NE Group, Purdue University and Kohlers American Club, who selected $$$ ON THE NET to process their credit, debit, gift card and check transactions. Additionally, a large number of customers utilizing Shift4s legacy application $$$ IN THE BANK migrated to the more powerful, web-based $$$ ON THE NET solution in 2003. Another significant factor in Shift4s growth has been the emergence of Shift4s Channel Partner Program. Shift4s channel partners are a collection of POS/PMS providers, consultants, solution developers and MSP/ISOs who act as resellers or referrers for Shift4, bringing $$$ ON THE NET to the customers and industries they know best. Shift4s partners include many of today’s leading corporations, such as Retail Technologies International, CSRS Inc. and InnQuest Software.

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Categories: Payments & Commerce | Payments General
Countries: World
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