This magnesium-dependent enzyme catalyzes the hydrolysis of ATP coupled with the transport of phospholipids. ATP + H2O + phospholipidSide 1 = ADP + phosphate + phospholipidSide 2. Phosphorylated by FPK1 and KIN82. Belongs to the cation transport ATPase (P-type) (TC 3.A.3) family. Type IV subfamily.