Fintech News

Shift4 Payments Announces Measures to Support Customers During COVID-19 Situation

Shift4 Payments Announces Measures to Support Customers During COVID-19 Situation

Shift4 Payments, the leader in integrated payment processing solutions, has announced a number of measures to help ease the financial burden caused by COVID-19 for the company’s customers.

As new restrictions are prohibiting dine-in service, many restaurants are now shifting to takeout and delivery operations. Effective immediately, Shift4 will be waiving the following fees for three months to assist with this transition:

  • Online ordering fees
  • SkyTab mobile payment fees
  • SkyTab monthly data fees or overage charges
  • SkyTab hardware costs
  • Gift card fees

Read More: Three Trends Defining Finance for 2020

Shift4 Payments CEO Jared Isaacman states, “We understand the difficulties facing the entire Shift4 family and we are here to do what we can to help. Restaurants and hospitality businesses have been especially hard hit by this situation, so many of the fees we have waived focus on the unique challenges facing these businesses.”

SkyTab is the company’s mobile ordering and pay-at-the-table solution, which is also ideal for curbside pickup orders. SkyTab is now available completely free to all Shift4 customers to help facilitate this increase in takeout orders. The device even includes the ability to collect email addresses so that restaurateurs can keep in touch with their customers during this turbulent time.

Read More: SMB FinTech Has Come a Long Way…But We’re Not There Yet

Additionally, many merchants are now turning to gift card sales and online ordering to preserve vital revenue, which is why the company is waiving fees associated with these particular programs.

Shift4 has also set up a hotline to assist its customers with COVID-specific issues. This includes setup of online ordering, SkyTab mobile payments, or integrations with the company’s marketplace partners such as DoorDash.

“As COVID-19 continues to spread globally and impact every aspect of our day-to-day lives, we are facing a truly unprecedented situation as an industry and as a country. There are going to be tough times ahead, but I want to assure our customers and partners that Shift4 is here to help support them through these challenges. We are all in this together.”

Read More: Today’s Most Innovative Fintech Solution: A Refresh of an Industry Mainstay

Related posts

Facet Wealth Appoints Tom Graff as Head of Investments

Fintech News Desk

FranFund Names Carly Lywood Vice President Finance & Human Resources

Fintech News Desk

Guidewire Cloud to Power Policy Administration, Underwriting, and Billing Operations for WSIB

Fintech News Desk
1