Phos partners with BORICA to launch its SoftPoS solution in Bulgaria

Wednesday 19 January 2022 12:18 CET | News

Bulgaria-based fintech Phos has teamed up with payment service provider BORICA to introduce its SoftPos solution to Bulgarian banks.

By partnering with BORICA, Phos’ technology will be available to Bulgarian banks, allowing them to offer customers the ability to turn any NFC-enabled Android device, such as a smartphone or tablet, into a payments terminal.

Postbank became the first bank in Bulgaria to offer a mobile app for contactless payments, turning smartphones into POS terminals. The Smart POS by Postbank app will allow every merchant to offer their customers contactless payments with Visa and Mastercard cards directly via their mobile phone.

phos augments merchants to seamlessly integrate payment acceptance with additional business applications such as loyalty, vouchers, budgeting, campaign management, analytics, etc, all with their smartphones.

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Keywords: partnership, product launch, POS, mobile payments, merchant, NFC
Categories: Payments & Commerce
Countries: Bulgaria
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Payments & Commerce

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