PXP Financial and Phos by Ingenico Unveil New SoftPoS Solution
PXP Financial has announced a strategic partnership with Phos by Ingenico to introduce an innovative SoftPoS solution, allowing merchants to accept contactless payments directly on Android devices, without the need for additional hardware.
This collaboration aims to meet the growing demand for flexible, secure payment solutions by offering a cost-effective, hardware-free method for processing contactless transactions. Both PXP Financial and Phos by Ingenico are committed to staying compliant with industry regulations, while adapting to the evolving needs of merchants and consumers.
Key Benefits of the PXP Financial and Phos Partnership
Through this partnership, PXP Financial’s customers will gain access to a highly secure and efficient solution that enables them to expand their payment capabilities with ease. The SoftPoS solution simplifies operations by providing both payment processing and online PIN verification for higher-value transactions. It also enhances security for merchants and customers alike.
End-users will enjoy a faster, more convenient payment experience, completing transactions with simple taps on Android devices. This streamlined process eliminates the need for traditional payment terminals, offering merchants greater flexibility and convenience.
Seamless Integration and Deployment
The SoftPoS solution is designed to integrate seamlessly through PXP Financial’s Software Development Kit (SDK), enabling businesses to implement the product securely on native Android platforms. With PCI certification and a flexible, user-friendly design, merchants can accelerate their development and enhance payment acceptance.
Advanced Features and Global Expansion
By leveraging the combined expertise of both companies, the solution offers advanced features such as PIN Translation, Dynamic Currency Conversion (DCC), and offline payment capabilities through store-and-forward tools. Initially focusing on the UK and EU markets, the partnership plans to expand to the US and Latin America in the coming months.
This strategic collaboration between PXP Financial and Phos by Ingenico marks a significant step toward improving contactless payment solutions, empowering merchants with secure, flexible, and scalable payment technology.
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