The partnership is said to enable around 12,000 small businesses across 12 European countries to accept contactless payments using their Android mobile devices. The companies have stated that the collaboration will allow merchants to digitalise their payment processes and offer more payment options to their customers.
The new partnership will support the solution’s growth in existing markets, including the UK, Germany, Romania, and Bulgaria, as well as eight other new markets including Belgium, France, Greece, Italy, the Netherlands, Poland, Portugal, and Spain. Mastercard and phos will support MSMEs across Europe by offering access to a technology solution that can streamline payment processes.
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