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Shift4 Story

Company Overview

Company History

Solution History

The Shift4 Founders

Shift4, a leading developer of enterprise payment solutions, provides powerful, Web-based applications that allow merchants to turn their customers' credit, check, debit, and gift card transactions into dollars in the bank quickly, accurately, and securely. We work with our merchant customers to help them receive the lowest discount rates and fastest authorizations possible, regardless of the bank, processor, or Point of Sale (POS), Property Management System (PMS), or shopping cart they utilize.

Company Overview

Shift4, a leading developer of enterprise payment solutions, provides powerful, Web-based applications that allow merchants to turn their customers' credit, check, debit, and gift card transactions into dollars in the bank quickly, accurately, and securely. We work with our merchant customers to help them receive the lowest discount rates and fastest authorizations possible, regardless of the bank, processor, or Point of Sale (POS), Property Management System (PMS), or shopping cart they utilize.

Since 1994, Shift4 has provided real-time payment solutions to leading Food & Beverage, Hospitality, Retail, Mail Order/Telephone Order (MO/TO), and e-Commerce organizations across North America. Our forté is handling high-volume accounts and enterprises with multiple entities, interfaces, locations, processors, and merchant types. We bring all these components within the structure of a single system, giving merchants the ability to centralize control of their payment processes.

Company History

In 1994, after extensive research and development, Shift4 created a fully integrated, multi-merchant, bank-independent, real-time payment solution called $$$ IN THE BANK®. This unique application afforded corporate controllers, IT management, and operational staff a level of functionality, flexibility, and control not previously available.

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Solution History

Shift4, the world's largest independent payment gateway, started as a customer service experiment gone right. In the late 1980s, the Shift4 Founders were running a successful accounting software business in Southern California when a long-time customer approached them with an issue: she needed a way to integrate her front-of-house credit card system with her management accounting program.

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The Shift4 Founders

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J. David Oder
President/Chief Executive Officer

Dave is a hands-on manager who enjoys jumping into projects alongside his technical staff. An accomplished businessman, Dave has more than 35 years of experience in software development and accounting, spent mainly on overseeing software companies. Prior to founding Shift4, he was CEO of the Aerus Corporation, a pioneer of business accounting software, and owner of a successful consulting firm.

Dave earned his Bachelor's degree in Business/Accounting and Master's degree in Computer Science as well as an MBA from University of California, Los Angeles.






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