back Back

Phos and Discover Global Network partner to enable Tap on Mobile to merchants

By Delisha Fernandes

July 06, 2023

  • B2B Merchants
  • Businesses
  • Cardholders
Share

Phos by Ingenico, a software point-of-sale (SoftPoS) orchestration for businesses, has partnered with Discover Global Network to enable merchants to accept payments from Discover.

The collaboration aims to expand the global adoption of Tap on Mobile technology through Phos’ innovative SoftPoS solution. By leveraging the extensive reach of the company, Phos is committed to delivering smooth, fast, and secure transactions for Tap on Mobile users.

Matt Sloan, VP of International Markets at Discover, said: “Discover Global Network is recognised as the fastest-growing global payments network. With our vast cardholder base and widespread acceptance, this invaluable partnership enables Phos merchants worldwide to deliver more choice and flexibility to their customers and our cardholders at the point of sale.”

Tap on Mobile eliminates the need for expensive hardware and simplifies payment processes by enabling customers to accept card payments securely and contactless on any NFC-enabled device – such as a smartphone or tablet. This means merchants can use the hardware they own rather than invest in costly additional hardware.

Brad Hyett, CEO of Phos by Ingenico, said: “Our partnership with Discover Global Network is the latest step in our mission to revolutionise payment acceptance for merchants worldwide. The extensive reach of the company and commitment to providing innovative payment solutions align perfectly with our vision.”

In evolving payment landscape, merchants, especially MSMEs in emerging markets, face significant cost and integration challenges. Additionally, enterprise merchants often encounter isolated hardware-based acceptance methods that result in inconvenient customer payment experiences and overly complex business processes.

The partnership offers even greater flexibility to merchants, expanding acceptance into new market segments and generating incremental revenue for businesses while improving the overall cardholder experience.

Previous Article

July 06, 2023

inDrive partners with Nuvei to provide payments services in LatAm

Read More
Next Article

July 06, 2023

Papara acquires Rebellion, emerges as Europe’s latest FinTech unicorn

Read More






IBSi Daily News Analysis

June 21, 2024

B2B Merchants

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

MECCA & Adyen to offer a seamless payments experience in Australia

Read More

Today

Vipps, MobilePay launch cross-border P2P payments in the Nordics

Read More

Today

FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023