Back to BlogSysPay & Shift4: Remarkable Growth Story
SysPay and Shift4 have embarked on a journey that has reshaped the payment landscape. Initially centered around the hospitality industry, SysPay has leveraged Shift4’s expertise to evolve into a diverse player in multiple sectors, evolving from a niche provider to a prominent industry leader.
Key Milestones
Our collaboration with SysPay began with a strategic partnership in 2014, allowing SysPay to integrate with Hospitality software providers such as PMS, Channel Managers, and booking engines. This initial step set the stage for significant milestones.
By 2021, SysPay efficiently processed millions of transactions, reflecting the impact of our tailored solutions and guidance. Only a year later, SysPay achieved new transaction heights, a testament to the continuous innovation and adaptability provided by Shift4.
How Shift4 Supported Syspay
Personalized Guidance
Our tailored guidance has helped SysPay seamlessly integrate non-hospitality merchants and cater to specific client needs. Our collaborative approach ensures that SysPay receives the support necessary to navigate the diverse market segments.
Building Trust
Our mutual trust has led to unique arrangements, such as removing collateral requirements in favor of a rolling reserve. This innovative approach allowed SysPay to operate with greater flexibility and confidence.
Flexibility and Adaptation
Shift4’s adaptability has been a cornerstone of our partnership. We’ve continuously adjusted to SysPay’s evolving needs, from renegotiating fees to offering customized pricing for various sectors. This flexibility has empowered SysPay to maintain its competitive edge and respond to market changes effectively.
Innovative Collaborations
Our support extends beyond traditional payment solutions. Through a white-label program with Monetplus, Shift4 has enabled SysPay to enter the card-present market, showcasing our dedication to comprehensive business development. This collaboration highlights Shift4’s role in driving SysPay’s expansion and innovation.
Looking Ahead
SysPay’s remarkable evolution from a hospitality-focused provider to a diversified industry leader is a testament to the power of our partnership. As SysPay Executive Director Olivier Azzopardi notes, "Our growth has been nothing short of extraordinary since partnering with Shift4." We look forward to continuing this journey and exploring new avenues for success together.