Phos and Silverflow Partner to Unleash End-to-End SoftPoS Payments Acceptance
Silverflow’s cutting-edge cloud processing technology brings added functionality to Phos’ SoftPoS solution
30 April 2024, London, UK: – Phos, the global leader in software point-of-sale (SoftPoS) orchestration for businesses, has partnered with the leading cloud platform for global card processing, Silverflow, to help businesses leverage a best-in-class solution for accepting contactless payments directly to mobile devices.
The partnership combines Phos' innovative SoftPoS technology with Silverflow's modern payment processing platform, to offer a comprehensive and ready-to-deploy solution for banks, acquirers, payment service providers (PSPs), and independent sales organisations (ISOs).
The integrated solution significantly reduces development and implementation time, allowing clients to launch their SoftPoS offerings rapidly. Silverflow's advanced processing capabilities seamlessly complement Phos' front-end components, including the payment app, terminal management system, and merchant portal, empowering businesses to offer a robust and user-friendly experience.
By utilising Silverflow’s cloud native architecture, customers will be provided with a data-rich set that ensures higher approval rates, chargeback data and cardholder information, equipping them for long-term success. This collaboration also expands the reach of the improved payment solutions across Europe by tapping into Silverflow's presence in the ecommerce sector including shopping platforms, large retailers and payment service providers (PSPs), enabling a truly omnichannel proposition alongside Phos.
Brad Hyett, CEO at Phos, said: "Partnering with Silverflow positions us to deliver an exceptional SoftPoS solution to the market. Their cutting-edge technology and commitment perfectly align with our vision. We're excited to empower businesses with a faster, more seamless way to accept payments."
Anne Willem de Vries, CEO and Co-founder of Silverflow, added: "This partnership marks a significant step forward for our business. By combining our expertise with Phos, we're providing a comprehensive and ready-to-deploy solution that streamlines the go-to-market process for our clients. We're confident that this collaboration will unlock tremendous growth opportunities within the omnichannel payments landscape."
Phos and Silverflow are tech-native companies that champion innovation and agility and are committed to collaborating closely to facilitate user-friendly payment experiences across the globe. This shared DNA fosters a strong partnership that will empower businesses, ensure continuous improvement and market responsiveness, and revolutionise the future of payments.
Media contacts
For all media inquiries, please contact:
Rachel Berlin, Global Marketing Manager, Silverflow
+31 (0)6 251 91 697
Ben Redman, SkyParlour for Silverflow
+44 (0)330 043 1315
About phos
Established in 2018, phos is the leading software point of sale (SoftPoS) orchestrator which helps legacy technology providers and financial institutions to quickly bring tap to pay solutions to market. Its cross-platform technology enables merchants to accept contactless payments directly on a mobile device. With 19 certified acquirer connections globally, phos makes it easy for businesses that serve customers through a mobile application to enable tap-to-pay acceptance through their own solution. Phos offers rapid digital deployment and is uniquely phone and bank-agnostic – it can be used on any NFC-enabled mobile device and by any bank or acquirer. Phos is a payment technology provider, licensed to operate globally and certified by VISA and Mastercard laboratories for functionality and security. Phos is available in the GooglePlay store.
About Silverflow
Silverflow is a new kind of payment processing platform designed for today's payment needs and fit for the future. A cloud-native solution with a single API to the card networks. One platform with one connection. Reducing cost and complexity, easy to use, data-rich, Silverflow frees you to innovate.
For more information contact Silverflow: https://www.silverflow.com/
Read also
Q3 2024 wrap up: Card Scheme Updates
Your quarterly update for card scheme changes and what they mean for you!
Q3 2024: Silverflow product updates
Welcome to your quarterly update on the latest and greatest product updates from Silverflow. Find out what's new and see...
Silverflow and Chesapeake Bank partner to deliver advanced payment processing solutions
Payments Innovators Silverflow and long-established community bank Chesapeake Bank have joined to bring the former’s next-generation payment processing to more...