Phos, a top provider of software-only Point of Sale solutions and true Tap-to-Pay/ Tap-to-Mobile, has been acquired by Ingenico, a global leader in point of sale and payments acceptance solutions. The acquisition highlights the growing momentum in the SoftPoS market, allowing micro merchants, in particular, to turn their cell phones into payment terminals without the need for specialized and expensive hardware.
Ingenico Acquires Phos, Extending its Offer for Merchant Payment Acceptance Via Smartphone