Press release
India POS Terminals Market | Cegid, Cisco, Epicor Software, Ingenico Group, JDA Software, MICROS Systems Inc, NCR Corporation, NEC Corporation, Toshiba, Verifone, Wincor Nixdorf
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It is no surprise therefore, that demonetization has led to an escalated growth in POS terminals industry in India. Furthermore, SBI reports that financial institutions across the country have deployed nearly 11.8 lakh more POS machines post demonization, and the number is likely to rise in the future with the robust increase in the number of online transactions via these terminals. Global Market Insights, Inc., states that India POS terminals market, worth USD 450 million in 2016, is slated to generate a revenue of more than USD 3 billion by 2024.
The key players covered in this study: -
1. Cegid
2. Cisco
3. CitiXsys - iVend Retail
4. Demandware, a Salesforce company
5. Epicor Software
6. Ezetap Mobile Solutions Pvt. Ltd
7. Hewlett Packard Enterprise
8. Ingenico Group
9. JDA Software
10. MICROS Systems Inc
11. NCR Corporation
12. NEC Corporation
13. Panasonic
14. Retail Pro International, LLC
15. Samsung Electronics
16. Toshiba
17. Verifone
18. Wincor Nixdorf
19. Worldline Global
>>>Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/1844
Security concerns relating to breach in security of financial data may hinder the India POS terminals market. Customers using credit & debit cards at the systems have a risk of revealing their PINs to other customers. Several retailers are implementing advanced technology to prevent transaction frauds to execute secure online payments to make consumers more confident about the purchases.
The installation of mobile devices is allowing the merchants to plan beyond the operational savings, efficiency and focus on a variety of customer-oriented campaigns to grow and expand the customer base. Furthermore, they do not require the maintenance are primarily used for better mobility and user experience, utilizing technologies such as GPRS, 802.11, CDMA, and Wi-Fi for communication driving the India POS terminals market.
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