Mastercard and phos have teamed up to provide mobile payment technology supporting European businesses in their recovery from the Covid-19 crisis.
In Brief:
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Phos offers a POS solution for merchants of any size.
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The pair will enable payments to be taken on an existing Android device.
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12,000 small businesses across Europe will be able to accept contactless payment in this way.
What does this mean?
With 33mn businesses across Europe still relying on cash, it’s hoped the additional solution will offer customers more payment options, driving sales and helping businesses grow.
