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Phos: Summary

Phos is a software solution that transforms any mobile phone into a contactless payment terminal, enabling merchants to accept payments easily and securely. It leverages smart Android devices to facilitate card acceptance and digital wallet payments without the need for additional hardware.

Service Name

Phos

Industry

Fintech, payment solutions, software POS, mobile payments

Main Value Proposition

Phos enables businesses to accept payments seamlessly on any Android device, enhancing sales opportunities and eliminating the need for traditional hardware.

Description

Phos is a software solution that transforms any mobile phone into a contactless payment terminal, enabling merchants to accept payments easily and securely. It leverages smart Android devices to facilitate card acceptance and digital wallet payments without the need for additional hardware.

Key Features

SoftPOS solution for contactless payments; Acceptance of instalment payments; Support for global QR code-based digital wallets; Open Banking payment acceptance

Use Cases

Phos is particularly valuable for street food retailers, field services, transportation, grocery delivery, festivals and events, coffee shops, and charities.

Competitive advantages

Eliminates the need for heavy conventional hardware; Offers a fully digital onboarding process; Supports a wide range of payment methods including instalments and QR codes

Strengths

Phos provides flexibility, ease of use, and a comprehensive suite of payment options that cater to various business needs, making it an attractive solution for merchants.

Positioning

Phos positions itself as a modern, flexible payment solution that empowers businesses to leverage mobile technology for payment acceptance.

Audience

The target users include small to medium-sized businesses, street vendors, and any merchants looking to enhance their payment acceptance capabilities.

CTA

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Tags
  • mobile payments

  • contactless payments

  • softPOS

  • payment solutions

Tagline

Transform any mobile phone into a payment terminal with phos

Tone of Voice

Innovative, supportive, flexible

Differentiation

Phos stands out by offering a phone-agnostic solution that allows any Android device to function as a payment terminal, which is unique compared to traditional POS systems that require specific hardware.

Brand Positioning

Phos is identified as a trusted partner in the payment solutions space, backed by Ingenico's extensive experience and partnerships with financial institutions.

Founded

2018-01-01

Founders
  • Ivo Gueorguiev

  • Valeri Valtchev