JCC Payment Systems integrates Phos's SoftPoS into its app

Monday 11 October 2021 12:39 CET | News

Cyprus-based JCC Payment Systems has announced a new solution for retail merchants by integrating the fintechs Phos SoftPoS service.

JCC Payment Systems are marketing their new SoftPoS solution to small and medium-sized businesses who are only operating on a cash basis. In light of the Covid-19 pandemic, the company has looked for a way to offer merchants the ability to process cashless and contactless transactions on their mobile devices.

The solution requires no additional hardware to establish and can be integrated across a number of Android devices. Once the start-up is complete, merchants will be able to start accepting and process cashless payments, whilst also adhering to the Cypriot government’s new mandate.

Data from Phos shows that more than 33 million businesses across Europe are still reliant on cash, with barriers and concerns including hidden costs, hardware requirements, and security issues. The SoftPoS solution can provide an alternative to cash and allow merchants to digitalise and offer more payment options to their customers.

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Keywords: product upgrade, partnership, POS, SMEs, cashless, transactions
Categories: Payments & Commerce
Countries: Cyprus
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