Press release
mPOS Terminal Market is Moving Fast | Opportunities and Trend | Key Players are Diebold Nixdorf, First Data Corporation, NCR Corporation, MICROS Systems Inc, Square, Verifone, Agilysys, CitiXsys - iVend Retail, Epos Now, iZettle, Shopify, Square
mPOS Terminal Market
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The exponentially expanding e-commerce sector has indeed brought a disruption in the operation fashion of traditional brick and mortar stores. mPOS Terminal Market, a major beneficiary of this change, is gaining a substantial traction in this transformative merchandizing landscape. The increasing penetration of EMV contactless payments in digitized financial transaction is undeniably boosting global mPOS Terminal Market share. Payment service providers are scrupulously planning to bring forth an array of products that not only boost their day to day sales but also improve the consumer experience.
The key players covered in mPOS Terminal Market study
1. Diebold Nixdorf
2. First Data Corporation
3. NCR Corporation
4. MICROS Systems Inc
5. Square
6. Verifone
7. Apple
8. HP
9. Samsung Electronics
10. Agilysys
11. CitiXsys - iVend Retail
12. Epos Now
13. iZettle
14. PayPal
15. Revel Systems
16. Shopify
17. Square
18. Toast, Inc.
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Hardware mPOS Terminal market is expected to gain momentum over the forecast timespan due to the increasing penetration of smart handheld devices such as smartphones. The handheld terminals are witnessing a large-scale adoption due to low costs and the easy setup of these systems. Also, these systems do not require a high degree of technical expertise for their operation. The retailers are buying multiple devices for their delivery personnel or installing multiple devices on their billing counters to enhance the customer experience.
The mPOS Terminal market in the retail sector is expected to witness an upward growth due to the significant expansion of the e-commerce sector. The retailers are implementing these devices to enhance the shopping experience for the customers. Features, such as geolocation, allow the sellers to send sale or discount alerts, coupons, and codes to the customers. These solutions also help the retailers to build customer profiles that store and analyze the purchases and preferences of customers.
All in all, with the remarkable proliferation in mobile technology and the growing consumer awareness toward contactless payments, mPOS Terminal Market is likely to be one of the most challenging yet remunerative business spaces to watch unfold.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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