Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 643956812 - Business Express

Diebold Nixdorf selects phos as resale partner for SoftPoS




Phos, the global SoftPoS payment orchestrator teams up with Diebold Nixdorf to deliver SoftPoS solutions to enterprise retailers worldwide

 

Phos, the global leader in software point-of-sale (SoftPoS) orchestration for businesses, announces today that enterprise retailers can now add SoftPoS as an option to their existing payment acceptance solution.

This new and innovative functionality is the result of a partnership with Diebold Nixdorf — a global leader in automating, digitizing and transforming the way people bank and shop. The solution will enable retailers to expand their number of payment acceptance points without the traditional expense of payment hardware and is also acquirer agnostic, allowing Diebold Nixdorf to launch the solution for any existing acquirer its retail customers may be using. 

Leveraging phos’ experience of completing acquirer integrations will ensure retailers can easily and seamlessly accept card and digital wallet payments directly on any NFC-enabled smartphone or tablet, in a secure and contactless way.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

The solution is set to be showcased on mobile devices for staff journeys by Diebold Nixdorf at NRF 2023: Retail’s Big Show in New York, and EuroShop 2023 in Düsseldorf.

Brad Hyett, CEO of phos, said: “Through our partnership with Diebold Nixdorf, we set out to help retailers capitalise on the opportunity to expand their payment acceptance points. SoftPoS solutions continue to innovate the payment landscape and this announcement is a clear demonstration of its application on a large scale. Diebold Nixdorf is at the heart of global retail activity globally, and with our future-proof technology we hope to continue to address the unique challenges across all retail segments and industries.

Ben Gale, Senior Vice President, EMEA APAC and Global Accounts, added: “Enterprise retail continues to gain momentum as more customers are looking for preferred payment methods that work for them. We’re excited to partner with phos to help more people obtain the benefits of SoftPoS solutions. We already have thousands of users leveraging POS, which are now owned by acquirers. Enabling phos to remain an acquirer agnostic solution will further drive adoption as we aim to enable retailers deliver relevant journeys like queue busting or assisted selling for today’s retail environment.”

Phos currently has 14 certified acquirer connections, as the fintech continues to expand globally. It plans to increase this number exponentially to satisfy the needs of tier-one providers and requirements across international markets. Additional acquiring certifications are currently in progress and will be announced in the new year.

Its latest partnership with Diebold Nixdorf comes amid growing market interest in SoftPoS and Tap-to-Pay technology, with consumer tech giant Apple announcing it would enable third-party SoftPoS providers to deploy their technology on iOS devices earlier this year.

 

Recent Post: