Impulsify Inc. Partners With Shift4 Payments for Contactless Grab-and-Go Retail Markets
Impulsify Inc. Now Utilizing Shift4 Payments Solutions, Adding New Revenue Stream and Bringing Additional Benefits to Customers
Impulsify Inc., hospitality's grab-and-go retail innovator, has announced its partnership with Shift4 Payments, a leader in payment processing and technology solutions that serves many industries, including hospitality, retail, and more with their end-to-end payment solution.
Through this partnership, Impulsify is now offering its self-pay retail technology integrated with Shift4's contactless payments, and will recommend that future customers utilize this Shift4-enabled solution in their grab-and-go retail spaces. As an added benefit, customers will be able to take advantage of free contactless credit card terminals - each a $400 value - as well as a $1,000 credit towards processing fees when they sign up.
Impulsify's self-pay technology, accompanied with Shift4's innovative payment processing solutions, will take customers' retail spaces to the next level. It will also provide a new revenue stream for Impulsify that adds tremendous value to the company and goes straight to the bottom line.
In our COVID-19 world, Impulsify's cashless, technology-driven, and now fully contactless markets allow hotel guests to avoid close quarters and long checkout lines while they get their essentials and snacks, with the convenience of shopping in their own hotel and simply charging it to their room or credit card. The self-pay kiosk reduces the hotel's concern of COVID-related liabilities such as staff/guest proximity and cross-contamination when cashiers handle food and currency in the grab-and-go transaction.
"Shift4 is excited to partner with Impulsify to implement our powerful end-to-end payments solution, including contactless technology, in retail spaces across the nation. We remain committed to providing businesses of all kinds with the most safe and secure means of accepting payments," said Jared Isaacman, CEO of Shift4 Payments.
Shift4's payment solutions deliver an additional layer of safety, security, and convenience by providing customers with a contactless payment option. Impulsify has already helped numerous hotels, apartment complexes, and glamping sites enhance their retail spaces, and the company is excited about this new partnership, its added value, and its benefits to customers.
"During this time of uncertainty, Impulsify's self-pay technology accompanied with Shift4's payment solutions presents hotel developers, owners, and managers a turnkey solution designed to benefit both the hotel and the guests," says Janine Williams, Impulsify Founder & CEO.
About Shift4 Payments
Shift4 Payments is a leading 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. With over 7,000 sales partners, the company securely processed more than $200 billion in payments for over 200,000 businesses in 2019.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding the anticipated success of our strategic partnership to self-pay or use contactless payment methods in retail markets. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: the effect of the COVID-19 global pandemic on our business and results of operations; our ability to differentiate ourselves from our competitors and compete effectively; our ability to anticipate and respond to changing industry trends and merchant and consumer needs; our ability to continue making acquisitions of businesses or assets; our ability to continue to expand our market share or expand into new markets; our reliance on third-party vendors to provide products and services; our ability to integrate our services and products with operating systems, devices, software and web browsers; our ability to maintain merchant and software partner relationships and strategic partnerships; the effects of global economic, political and other conditions on consumer, business and government spending; our compliance with governmental regulation and other legal obligations, particularly related to privacy, data protection and information security, and consumer protection laws; our ability to establish, maintain and enforce effective risk management policies and procedures; our ability to protect our systems and data from continually evolving cybersecurity risks, security breaches and other technological risks; potential harm caused by software defects, computer viruses and development delays; the effect of degradation of the quality of the products and services we offer; potential harm caused by increased customer attrition; potential harm caused by fraud by merchants or others; potential harm caused by damage to our reputation or brands; our ability to recruit, retain and develop qualified personnel; our reliance on a single or limited number of suppliers; the effects of seasonality and volatility on our operating results; the effect of various legal proceedings; our ability to raise additional capital to fund our operations; our ability to protect, enforce and defend our intellectual property rights; our ability to establish and maintain effective internal control over financial reporting and disclosure controls and procedures; our compliance with laws, regulations and enforcement activities that affect our industry; our dependence on distributions from Shift4 Payments, LLC to pay our taxes and expenses, including payments under the Tax Receivable Agreement; and the significant influence Rook and Searchlight have over us, including control over decisions that require the approval of stockholders. These and other important factors are discussed under the caption "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and our other filings with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.