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Monopolistic? There are a thousand payments providers... Still interesting, among other things because of the SpaceX connection.
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Quote: Since then (note: 1999), the company has risen to become the leading provider of end-to-end payment devices in the US hospitality industry. You are certainly familiar with similar payment terminals from the restaurant, hotel or supermarket. The market power is so pronounced in parts of the U.S. that there have already been lawsuits for monopolistic structures.
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https://www.bloomberg.com/press-releases/2018-04-25/payment-logistics-files-antitrust-lawsuit-against-shift4-payments-shift4-corp-and-lighthouse-network If you're actually interested, you can check out the lawsuit from 2018. Shift4 was and is actually the top dog in some regions