PXP Financial, a specialist in global payment services, has partnered with Phos by Ingenico to introduce a cutting-edge SoftPoS (software point-of-sale) solution. This innovative product allows merchants to accept contactless payments directly on Android devices, eliminating the need for extra hardware. As cashless transactions become more common, this technology offers businesses a flexible and cost-effective way to process payments securely. The solution supports high-value transactions with online PIN verification, providing merchants with scalability and enhanced security.

Key benefits include seamless integration through PXP Financial’s SDK and features like PIN Translation and Dynamic Currency Conversion (DCC). The partnership aims to first target the UK and EU markets, with expansion into the USA and LATAM planned.

Salvatore Cicero, Group CTO of PXP Financial, expressed excitement about the collaboration, emphasizing the simplification and expansion of payment options for businesses of all sizes. Brad Hyett, CEO of Phos by Ingenico, echoed these sentiments, highlighting the potential for wider SoftPoS adoption.

- This partnership enhances PXP Financial’s offerings by providing a hardware-free, scalable payment solution, simplifying processes for merchants.

- The solution supports high-value transactions through online PIN verification and is certified with PCI standards, increasing its appeal across various industries.

- The initial market focus on the UK and EU with plans to expand into the USA and LATAM highlights the global potential of this SoftPoS solution.