Firms, especially small and medium businesses (SMEs) must be very smart with their resources. Spending excessively on point-of-sale (POS) terminals can be costly but remains essential for any business to function. Looking to improve payment processing capabilities for merchants and remove this hurdle, Shift4, the commerce and payments firm has partnered with Phos, the software POS (softPOS) orchestration platform.
Through this new partnership, Phos merchants will gain access to Shift4’s global acquiring services and payment processing capabilities through Phos’ innovative solution, which turns any mobile device into a payment terminal. This will enable them to accept and process payments using global card schemes and digital wallets – such as Apple Pay, Google Pay, PayPal, and Samsung Pay – anywhere, anytime, in real time.
SoftPOS technology is a rapidly emerging solution in Europe, representing one of just a few ready-to-deploy solutions for modern payment needs. By transforming any mobile device into a contactless payment terminal, Phos’ SoftPOS, which is accredited to the industry’s highest security standards, offers merchants an efficient and flexible method for handling payments and facilitates smoother transactions without the need for traditional POS systems and hardware.
Driving business growth
Sveta Bulshtein, vice president of business development at Shift4
“Shift4 is at the forefront of streamlined digital payments innovation in Europe,” said Sveta Bulshtein, vice president of business development at Shift4. “Phos has emerged as the SoftPOS provider of choice across Europe and we are thrilled to be partnering with them to champion their offering and enhance their acquiring capabilities.
“Using our established partnerships and infrastructure in the region, we will bring Phos’ European clients a more affordable, easy-to-use POS solution to help drive business growth through fast and seamless payment solutions while expanding our footprint in the market.”
Brad Hyett, CEO of Phos
“We are excited to announce this partnership with Shift4, which allows us to leverage their high-performing acquiring network to deliver a more robust and comprehensive payments solution to our customers,” said Brad Hyett, CEO of Phos.
“This partnership represents a significant step in our mission to provide innovative and flexible payment solutions that cater to the dynamic needs of merchants and their customers across Europe. As a strategic partner, Shift4’s innovative and flexible approach is significantly helping us adjust to our clients’ changing needs and meet market demand.”
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