The company aims to add 45,000 more merchants to SkyTab by the end of the year, he said, although he did not say how many the processor has added to the POS service so far in 2024. "I have already personally entertained productive conversations with a number of key Global Blue customers, both at the executive level and in physical stores," Lauber said. The company's stock tumbled on Tuesday following the earnings report, which likely stemmed from the processor's overall payment volume coming in slightly lower than expected, Novick said. "People are concerned that the growth trajectory is lower than previously anticipated" by roughly four percentage points, he said. The company's payment volume was up 25% in the second quarter compared to the same quarter in 2024, according to the earnings report. That bodes well for the processor's future, Novick said. But Novick emphasized that Shift4's payment volume is still up 25% year-over-year, which bodes well for the company's future.