Mobile Card Reader Market is Moving Fast! | Major Key Companies are Clover Network, Inc., Electronic Merchant Systems, SumUp, Paypal, Intuit, Square, First Data Corporation, Ezetap Mobile Solutions Pvt. Ltd, iZettle, Mswipe Technologies Pvt. Ltd.,
The increased demand for the device across end-use industries, such as retail and hospitality, is expected to boost the mobile card reader market growth. These devices offer several benefits to businesses, such as inventory control, online store, analytics, invoicing, and customer directory, enhancing the payment processing and consumer experience. The transactions are done based on the plastic currency with the help of these readers, resulting in increased cost-effectiveness and efficiency for both vendors and customers. Retail and wholesale stores are highly adopting these readers as they are cheaper, portable, and easy to carry. Moreover, the companies are investing in providing various schemes to expand their business and customer base in the market. For instance, PayPal Holdings, Inc., an online payments company, is offering free card readers for low-volume businesses, allowing them to easily manage inventory and expand customers.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4272
The rise in data security concerns and cybercrimes associated with the devices may hinder the mobile card reader market growth. These devices are highly prone to unauthorized access by individuals trying to steal customers' personal details such as credit card information. Security threats in card readers allow hackers to manipulate commands using Bluetooth or mobile applications, modify payment amounts, and gain full remote control of the device.
Mobile Card Reader Industry, By Solution
Mobile Card Reader Industry, By Deployment
Mobile Card Reader Industry, By Technology
o Chip and PIN
o Magnetic stripe
o Near Field Communication (NFC)
Mobile Card Reader Industry, By Application
The Asia Pacific mobile card reader market is expected to witness high growth in the coming years. The presence of a large number of semiconductor and resistor manufacturing companies coupled with the easy availability of raw materials in the region is expected to drive the market growth. Moreover, the rise in government initiatives for digitization and shift toward cashless economy in countries including India, China, Japan, and Indonesia will provide lucrative opportunities for market growth. the presence of leading giants, such as Alipay, WeChat Pay, and Tenpay, in China will help to improve online payment methods in the country. Similarly, in India, the effect of demonetization has provided sharp growth to the digital payments industry.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/4272
The key players in the mobile card reader market include Tappr, Clover Network, Electronic Merchant Systems, SumUp Inc., Paypal Inc, Intuit Inc, Square Inc., First Data Corporation, Ezetap Mobile Solutions Pvt. Ltd, Intuit Inc, Total System Services Inc, iZettle, JUSP, mSwipe, and PayAnywhere. These companies are focusing on investing in various techniques to maintain their market presence and compete with other manufacturers.
The research study, in essence, comprises an inherent understanding of the mobile card reader market in detail. The document in question provides an executive summary, detailed industry ecosystem analysis, industry insights, an overview of global trends, and the market segmentation. Deliverables related to the competitive and regulatory spectrums are also elaborated in the study alongside the strategic perspectives of industry players.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
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.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Card Reader Market is Moving Fast! | Major Key Companies are Clover Network, Inc., Electronic Merchant Systems, SumUp, Paypal, Intuit, Square, First Data Corporation, Ezetap Mobile Solutions Pvt. Ltd, iZettle, Mswipe Technologies Pvt. Ltd., here
News-ID: 2021607 • Views: 378
More Releases from Global Market Insights, Inc.
Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across
More Releases for Mobile
Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Executive Summary Leading Asian nations prepare for 5G rollouts Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at
Mobile apps development comapny
Yapps is a division of Udeels Technologies has a mobile application platform provides cloud based ecommerce, business app solutions, customer/sales centric and web solutions. The company is emerging as a top-notch in ecommerce and Business App solutions space by offering comprehensive and easy to use solutions in developing branding, taking the business to online, promoting and day to day and minute to minute transactions to customers. Mission Our mission is to provide
Travel Mobile Application Developers
we have extensive experience in creating high performance, feature-packed native mobile applications for all the major platforms including iOS, Android..Travayoo Mobile App Development takes its best position and strives to work with the growing outline. Rather than mobile app development, our company also works on B2B , B2C booking engine system. Our mobile application development process integrates design and development to come up with a flexible process that delivers result. INGENIUM
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in
Mobile Charting components for BlackBerry mobile platform
Girona, Catalonia, Spain – January, 2013 - Steema Software, a leading vendor of development components for web, desktop and mobile applications, announced the availability of its TeeChart Charting Library for BlackBerry mobile devices. This is the company’ first release in 2013 and with it, Steema Software extends their offering of mobile charting components to BlackBerry Mobile platform alongside current Windows Phone 7, Android and iPhone/iPad support. The BlackBerry Chart library is
Mobile Charting components for Android mobile platform
Girona, Catalonia, Spain – August, 2012 - Steema Software, a leading vendor of development components for web, desktop and mobile applications, announced the availability of its TeeChart.NET Charting Library Mono for Android mobile platform. With this release, Steema Software extends their offering of mobile charting components developed in Xamarin’s Mono. Steema sees the leverageability of c# code in mono to reach Android and Mac IOS platforms as extremely useful for the