Phos Partners with Shift4 to Bolster Merchant Acquiring Capabilities Across Europe
Phos’ customer network will benefit from enhanced global acquiring services and unique go-to-market SoftPOS solutions in Europe.
CENTER VALLEY, PA. – July 9, 2024 – Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, announced today a new strategic partnership with Phos by Ingenico, the global leader in software point-of-sale (SoftPOS) orchestration for businesses, to bolster Phos’ acquiring capabilities and expand adoption of its SoftPOS solution for merchant customers across Europe. The partnership will provide Phos merchants with access to Shift4’s best-in-class global acquiring services and payment processing capabilities through Phos’ innovative solution, which turns any mobile device into a payment terminal.
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.
Through this partnership, Phos customers will gain access to Shift4’s global acquiring and payment processing capabilities, enabling 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.
This partnership represents Shift4’s unwavering commitment to providing comprehensive, agile, and responsive payment solutions that support the ever-evolving needs of today’s commerce to both merchants and partners across the region.
“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.”
“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.”
About Shift4
Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit shift4.com.
About Phos
Established in 2018, phos is the leading software point of sale (SoftPoS) orchestrator which helps legacy technology providers and financial institutions to quickly bring tap to pay solutions to market. Its cross-platform technology enables merchants to accept contactless payments directly on a mobile device. With 19 certified acquirer connections globally, phos makes it easy for businesses that serve customers through a mobile application to enable tap to pay acceptance through their own solution. Phos offers rapid digital deployment and is uniquely phone and bank agnostic – it can be used on any NFC-enabled mobile device and by any bank or acquirer. Phos is a payment technology provider, licensed to operate globally and certified by VISA and Mastercard laboratories for functionality and security. Phos is available in the GooglePlay store. Visit https://phos.cloud/
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Media Contacts:
Nate Hirshberg
Senior Vice President, Marketing
Shift4
nhirshberg@shift4.com
+1 610.596.4590
Yana Miladinova
Communications Consultant
phos@hardnumbers.co.uk