Back to BlogShift4 & Shape: Redefining the World of Payment Facilitation
In today’s fast-changing payment world, staying ahead means embracing innovation, expertise, and strategic partnerships. Shift4 is thrilled to unveil our new collaboration with Shape Technologies. Together, we’re redefining the world of payment facilitation and empowering businesses to achieve new levels of success.
A Perfect Match: Expertise Meets Innovation
Shape Technologies and Shift4 are teaming up to set new standards in the payment industry. Shape, known for its cutting-edge platform that integrates seamlessly with a diverse range of payments businesses, has leveraged our expertise to become a leader in payment facilitation.
"Collaborating with Shape, leveraging their technology, and quick onboarding with our automatic onboarding API, enables payment providers to onboard almost in real-time," says Or Paran, Shift4’s VP of Sales & Business Development in the UK.
At Shift4, we work with different kinds of partners, including payment service providers (PSPs), independent sales organizations (ISOs), and payment facilitators (PayFacs), making our alliance with Shape a natural fit.
"Shift4 rapid onboarding enables our licensees to take our front end, which plugs into that rapid onboarding, and customize to create a unique merchant-facing offering, allowing them to take that to market," according to Shape’s Co-Founder, Jack Mangnall. This endorsement speaks volumes about the synergy between the two companies.
Overcoming Industry Challenges
Before partnering with Shift4, Shape faced major challenges working with other acquirers. Many simply didn’t understand the unique needs of payment facilitators or weren’t ready to evolve with the innovative services Shape offers. This lack of understanding made Shape’s search for a partner that could truly support their mission all the more difficult—until they discovered Shift4.
"We identified Shift4 as offering market-leading support for payment facilitators the world over," Mangnall highlights.
This capability is revolutionizing how payment facilitators enter the market, providing them with the tools and support they need to succeed.
A Vision for the Future
As we witness a surge in payment providers looking to cater to the SME market, our collaboration with Shape is more relevant than ever. Our partnership aims to set a new industry standard, ensuring businesses can launch their products with top-notch support.
To learn more about how Shift4 is navigating payments in the UK, please visit https://www.shift4.com/uk.