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Brett Schafer, The Motley Fool. August 16, 2024 at 3:54 PM. Shares of Shift4 Payments (NYSE: FOUR) shot up over 10% this week, according to data from S&P Global Market Intelligence. The payment ...
Shift4 Payments, Inc. is an American payment processing company based in Allentown, Pennsylvania. [2][3] The company, founded in 1999 by the then 16-year-old Jared Isaacman, processes payments for over 200,000 businesses in the retail, hospitality, leisure and restaurant industries. [2][4] Shift4 specializes in commerce solutions such as mobile ...
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In the payment card industry, tokenization is one means of protecting sensitive cardholder data in order to comply with industry standards and government regulations. [15] Tokenization was applied to payment card data by Shift4 Corporation [16] and released to the public during an industry Security Summit in Las Vegas, Nevada in 2005. [17]
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Jared Taylor Isaacman (born February 11, 1983) is an American entrepreneur, pilot, philanthropist, and commercial astronaut. He is the founder of Draken International, a private air force provider, and the founder and CEO of Shift4 Payments, a payment processor. [5]
Shift4 Payments as it exists today, is a rebranded name of a company initially formed in 1999 as United Bank Card Inc. Jared Isaacman, at the age of 16, founded the company in his parents’ basement in New Jersey, alongside his father, Donald Isaacman (current President) and his friend Brendan Lauber (current CTO). 5.
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