Phos achieves CPoC accreditation for its software POS solution

The CPoC accreditation ensures that all merchants using Phos’ software POS system will have their payment account data protected. This is done through proactive monitoring and integrity checks to ensure the security of the phos solution is never compromised.

PCI’s CPoC standard provides an added layer of security and testing requirements for products that support contactless payments on a commercial off-the-shelf (COTS) device, like a smartphone or tablet. According to IBS Intelligence, Phos now plans to adopt the new MPoC security standard, which is anticipated to be launched later in 2022.

Phos has been on an expansion journey in the last few years with a string of partnerships, including collaborations with Dutch neo bank bunq, a conversational commerce platform CM.com, and UK-based fintech UTP. This accreditation allows phos to offer an better software POS proposition to existing and new customers.