phos and Stanchion collaborate to connect European merchants to a contactless digital payment ecosystem via their existing Android mobile devices
Partnership is a game-changer in enabling contactless acceptance for smaller merchants across the region as they reopen and recover London, United Kingdom, 16th September, 2020: phos, the fintech behind the first-ever software-only Point of Sale (SoftPoS), and Stanchion Payment Solutions, a global specialist in payments systems and integration, have today announced a partnership to enable payment processors and banks to accelerate the time to market of innovative contactless payments acceptance solutions for European merchants. phos and Stanchion will collaborate to help banks and payments companies empower merchants to meet customers’ demands for a wide range of secure, frictionless payment options, including contactless payments straight from a mobile device. Stanchion brings its proven systems integration and digital payments technology to the partnership. phos brings its innovative SoftPoS technology, which enables simple contactless payment acceptance for any merchant with an NFC-enabled Android device. At a time when social distancing measures are prevalent [...]