HOSPITAL POLITY AND JOINING ME
TO DISCUSS THIS YEAR GUYS
INMATE ISAACMAN AS CEO SHIFT
FOR PAYMENTS JARED IS GREAT TO
SEE ALSO AT THE NEW YORK STOCK
EXCHANGE. SO LOOKING BACK OVER
THIS
PAST YEAR A 178% RUN IN THE SKY
IS THAT WOULD YOU HAVE
EXPECTED.
>> YEAH, I MEAN IT'S BEEN A
IT'S BEEN
A HECK THE YEAR RIGHT, I MEAN
YOU KNOW WE'RE A PAYMENTS
COMPANY THAT FOCUSES
PREDOMINANTLY ON THE RESTAURANT
AND HOSPITALITY MARKET WE WENT
WE WENT PUBLIC IN THE MIDDLE OF
THE PANDEMIC DURING
EXTRAORDINARY DIFFICULT TIME
FOR OUR CUSTOMERS AND WE'VE
BEEN ABLE TO GROW THROUGH
IT SO WE'VE ALWAYS BEEN
EXTREMELY CONFIDENT IN OUR
PRODUCT AND SERVICE WE'VE GROWN
REVENUE 21 YEARS IN
A ROW. SO WE'VE ALWAYS BEEN
VERY CONFIDENT AND IT'S GREAT
TO BE HERE TODAY SEEING WHERE
THE STOCK HAS PERFORMED IN
KNOWING WHERE IT'S PROBABLY
GOING TO GO IN THE NEAR FUTURE.
>> OKAY SAYS TEACHING ABOUT
THAT HOW GROUP HOSPITALITY
PARTNERSHIP WHAT IS THAT ABOUT.
>> YOU KNOW SHIFT FOR
PAYMENTS WE FOCUS ON YOU KNOW
SOME OF THE MOST DEMANDING AND
COMPLEX
OF COMMERCE. SO OUR CUSTOMERS
ARE BIG RESORTS
AND HOTELS AND RIGHT AND
RESTAURANTS AND WHEN YOU THINK
ABOUT HOW GROUP YOU'RE TALKING
ABOUT LIKE THE PREMIER
HOSPITALITY AND NIGHTLIFE
GROUP. IN THE COUNTRY THIS IS
OUR SWEET SPOT. THIS IS THE
TYPE OF CUSTOMERS WE SHOULD BE
WE SHOULD BE PURSUING TYPE OF
CUSTOMERS WE SHOULD BE
AND AS SOON AS WRAP UP OUR
CELEBRATION HERE TODAY IS OUR
AS OUR ONE YEAR ANNIVERSARY AS
A PUBLIC COMPANY, THE STOCK
EXCHANGE WERE HEADING OVER TO
TOWN.
>> WELL GOOD I'M SURE THERE IS
A CELEBRATION OF WELL DESERVED
CELEBRATION INSTA THEY'RE
JARRETT AND IT IS QUITE THE
PLACE TO CELEBRATE HERE IN NEW
YORK CITY HE ALSO BECAUSE OF
THE REOPENED SO WE LIKE TO HEAR
THAT YOU KNOW, I'M INTERESTED
IN THERE OBVIOUSLY HAS BEEN
GREAT INTEREST IN THE
CONTACTLESS
PAYMENTS SECTOR ON ENTIRELY
CASHLESS IS THAT SOMETHING THAT
YOU SEE IT THE NEAR FUTURE A
WORLD THAT IS ENTIRELY
CASHLESS.
>> WHAT WE'VE BEEN MOVING IN
THAT DIRECTION FOR SOME TIME I
MEAN YOU KNOW THE PAYMENTS
INDUSTRY HAS ALWAYS BENEFITED
ACTUALLY FROM
INFLATION AND FROM A CASH TO
CONVERSIONS AND THE
DIGITIZATION OF HAS BEEN A
BENEFIT FOR INDUSTRY NOW
THAT DEFINITELY WHEN WE THINK
ABOUT THE PANDEMIC AND THAT'S
NOT AN ENVIRONMENT WHERE PEOPLE
WANTED TO HAND CASH AND COIN
BACK
AND FORTH SO WHETHER ITS
CONTACTLESS PAYMENTS OR EVEN QR
CODE PAYMENTS WHICH IS A
TECHNOLOGY THAT WE HAD
AVAILABLE SINCE
2014, DIDN'T REALLY TAKE OFF
UNTIL THE PANDEMIC NOW PEOPLE
ARE USING QR CODES EVERYWHERE
MAYBE YOU KNOW FOR THE MENU
MADE ORDERING BUT CERTAINLY
FOR PAYMENTS. THERE'S A TON OF
UTILITY IN ITSELF CONTACT WITH
FEWER PAYMENTS DIGITAL PAYMENTS
IN GENERAL IT'S HERE TO STAY.
>> I CAN TELL YOU THE LAST STEP
THAT I HAD TO CARRY OUT THE
BETTER, I'M A BIG SUPPORTER OF
THAT CHAIR AND I ALSO GOT TO
TALK TO YOU ABOUT IT VERY COOL
THING ON YOUR RADAR
YOU ARE.
>> SET TO COME AND SPACE X IS
ALL A
CIVILIAN MISSION.
>> YEAH AND THAT'S ACTUALLY
COMING UP PRETTY SOON WHAT IS
GOING THROUGH YOUR MIND AS IT
RELATES TO THAT.
>> THERE'S AN AWFUL LOT THAT'S
GOING THROUGH MY MIND BUT I
FEEL VERY COMMANDING THE FIRST
ALL CIVILIAN MISSION
TO SPACE I MEAN UP UNTIL NOW
IT'S ONLY BEEN WORLD
SUPERPOWERS THE UNITED STATES
RUSSIA EUROPEAN SPACE AGENCY
CHINESE THEY'RE THE ONLY ONES
YOU'VE EVER PUT ANYONE UP AN
ORBITAL SPACE BEFORE AND NOW
THE DOORS FINALLY BEING OPEN OR
MAYBE EVERYDAY PEOPLE CAN GO
INTO WERE AMONG THE STARS WERE
3 MONTHS IN A WEEK OR 2 AWAY
FROM THE BIG LAUNCH AND TODAY
WAS SUPER SPECIAL BECAUSE SPACE
X LAUNCHED ANOTHER
ROCKET TODAY AND WHEN IT CAME
DOWN AND LANDED ON THE SHIP
THAT'S GOING TO BE OUR ROCKETS
SO I WAS VERY INTERESTED IN
ITS LANDING.
>> OKAY AT AND THAT YOU'RE
EXACTLY RIGHT ONE 30 PM EASTERN
TIME WE SAW THE STICK THAT
LANDING MISSES IMAGES. THEY
LAUNCH
EARLIER TODAY AND THIS IS FROM
NASA IS A PRETTY COOL
EXPERIENCE. NO DOUBT ABOUT THAT
SO YOU OBVIOUSLY FEEL
COMFORTABLE DOING THIS. I MEAN.
>> I WAS GOING TO BE RUNNING
THE COMPANY WHEN YOU'RE DOING
THIS.
>> WELL SO IT'S ONLY A
THREE-DAY MISSION SO I'VE
ACCUMULATED SOME TIME OFF OVER
THE LAST 21 YEARS AND THE BOARD
WAS VERY
ACCOMMODATING SO BUT FIRST
SARAH MIGHT MY DAYS ARE FOCUS
EXCLUSIVELY ON SHIP FOR
SPENDING A LOT OF NIGHTS AND
WEEKENDS STUDYING ON BEING AN
ASH NOT MY MISSIONS 3 DAYS ALL
PROBABLY BE ABLE TO STILL DO
SOME E-MAILS UP AND UP IN I'LL
STILL BE CONNECTED.
>> YOU KNOW, I'M INTERESTED
ABOUT THE STATE'S ECONOMY
BECAUSE WE KEEP HEARING MORE
AND MORE I MEAN THEY'RE ETS
RELATED TO THIS THE SPACE
ECONOMY IS
A THING. WHAT ARE THE
OPPORTUNITIES THAT YOU SEE WITH
YOUR COMPANY SHIFT FOR AS
RELATES TO THE SPACE ECONOMY.
I'M SURE YOU PROBABLY ARE
THINKING THAT FAR AHEAD.
>> WELL LOOK I MEAN IF THERE'S
GOING TO BE A DAY WHERE WE'VE
GOT YOU KNOW FLOATING,
YOU KNOW WE'RE BUT HOTELS WHICH
PEOPLE HAVE ALREADY YOU KNOW
SHIP FOR TOUCHES ONE IN 3
HOTELS IN THIS COUNTRY WE
BETTER BE POWER IN SOME.
YOU KNOW INTERGALACTIC COMMERCE
TRANSACTIONS, BUT YEAH FOR SURE
THERE'S A LOT OF INTERESTING
THINGS GOING ON SPACE X IS
CLEAR CATEGORY WINNER. THE
REINVIGORATE THE WORLD'S
INTEREST
IN SPACE. MANY INVESTORS
SHIP FOR IS AN INVESTMENT SPACE
X SO WE THINK THEY'RE GOING TO
DO EXTRAORDINARY THINGS THERE'S
REAL ISRAEL PAYMENTS TO OUTSIDE
THIS WORLD.
>> YEAH I DO BELIEVE THAT I
KNOW YOU MENTIONED EARLIER ON
THAT AT A 178% GAIN IN THE
STOCK SINCE ITS DEBUT A YEAR
AGO EXTREMELY IMPRESSIVE WELL
OUTPACING THE S AND P 500
THAT'S THE
BROAD MARKET AND YOU EXPECT
THAT TO CONTINUE I MEAN DO
EXPECT THE CURRENT RATE OF
GROWTH TO CONTINUE FOR YOUR
COMPANY GOING FORWARD.
>> I MEAN YOU KNOW THE WORLD IS
REOPENING AND IGNITING IN SUCH
A HUGE WAVE WE'VE SEEN RECORD
PAYMENT VOLUME. EVERY SINGLE
WEEKEND SINCE VALENTINE'S DAY
WEEKEND EVERY WEEKEND IS
BEATING THE PREVIOUS WEEKEND.
YOU KNOW WE'RE
PROBABLY LIKE DAYS MAYBE WEEKS
AWAY FROM CELEBRATING THE FIRST
ONE BILLION IN PAYMENTS THAT
WILL PROCESS IN A SINGLE SO
THINGS ARE SLOWING DOWN WE HAVE
A HUGE MULTITRILLION-DOLLAR TO
HIM AND WE'RE GOING AFTER
PRETTY FAST.
>> HOW DO YOU LOOK AT THE
CRYPTOCURRENCY SPACE AND
PROCESSING PAYMENTS IN THAT
WORLD.
>> SO I MEAN WE
WANT TO HELP BUSINESSES CONDUCT
COMMERCE WITH THE CONSUMERS,
THE WAY CONSUMERS WANT TO DO
BUSINESS WITH THEM.
CREDIT IS BIG, YOU KNOW VISA
MASTERCARD DISCOVER AMERICANS
FOR US THAT'S GOING TO POWER IN
COMMERCE A VERY VERY
LONG TIME. BUT THERE'S NO DOUBT
CRYPTO TRANSACTIONS ARE
BECOMING A AND IT'S GOING TO
OUR JOB TO ENABLE ACCEPTANCE OF
BUSINESSES THAT WANT TO ACCEPT
IT AS A FORM OF PAYMENT SO IT'S
NOT LOST ON US AT ALL. WE
THINK IT'S PRETTY INTERESTING.
WE ARE KEEPING OUR EYE ON WHERE
THE BULK OF THE DOLLARS ARE
FLOWING RIGHT BUT WE WILL MISS
THE BALL WHEN IT COMES TO
CRYPTO.
>> AND WHAT ABOUT CRYPTO ACROSS
DIFFERENT CURRENCIES IN A
BITCOIN STILL THE LARGEST ONE
BYTE SHUN FOLLOWED BY EITHER
DOS COY WILL YOU BE ABLE TO BE
AD SHEIL IN PITT'S NEW ONES
COME ON LINE QUICKLY AS WE'VE
SEEN THIS YEAR.
>> WELL I YOU KNOW WE'RE
CERTAINLY FAR BEING IN A
POSITION TO PICK WINNERS WITHIN
THE
CRYPTO SPACE. I THINK OUR IDEA
IS TO ENABLE ALL FORMS OF
PAYMENT AND ACCEPTANCE FOR OUR
COSTS IT'S NO DIFFERENT THAN
TODAY. DO WE YOU KNOW. PICKER
A FAVOR OF A VISA OR MASTERCARD
OVER DISCOVER AMERICAN
EXPRESS TRANSACTION. WE'RE
GOING TO ENABLE OF BUSINESSES
TO DO BUSINESS WITH THEIR
CONSUMERS AWAY THE CONSUMERS
WANT YOUR BUSINESS WITH THEM
WHATEVER FORM OF PAYMENT THAT