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Wireless POS Terminals Market is Likely to Witness huge Growth by 2027 | Key Players - Verifone, PAX Global Technology, Diebold Nixdorf Incorporated, Elavon, Castles Technology, Winpos, Ingenico, Cegid Group, and Bitel

06-24-2020 07:57 PM CET | IT, New Media & Software

Press release from: QualiKet Research

Wireless POS Terminal is commonly called as wireless point of sale terminal. Wireless POS terminal is a type of device which allows businesses to perform online transactions of money right at the location of customers, and provides comfort to both parties. This device allows accepting the debit and credit payment quickly and securely from any location. The probability of such systems ideally used in restaurants, and bars which lack space for the seating. Wireless POS terminals have 3G technologies which allows restaurants, food businesses, retailers, taxi/car drivers to perform point of payment on the go. Wireless POS terminals provides more payment options to mobile businesses such as food trucks, pop-up shop, and delivery business.

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Global Wireless POS Terminals Market Drivers
Increase in adoption of cashless transactions, rise in acceptance of wireless terminals among the retailers, and rise in e-Commerce transactions is expected to boost the global wireless POS terminals market growth. Furthermore, rise in use of debit and credit cards are creating an opportunity for Wireless POS terminals and increase in technological advancements like NFC, and HCE support are expected to propel the global wireless POS terminals market growth.

Global Wireless POS Terminals Market Restraints
However, high maintenance cost is the major restraining factor, which is expected to affect the growth of global wireless POS terminals market growth, in near future. Also, slow rate of the adoption of Wireless POS terminal devices may hinder the global wireless POS terminals market growth.

Global Wireless POS Terminals Market Key Players
Various key players are discussed in this report including Verifone, PAX Global Technology, Diebold Nixdorf Incorporated, Elavon, Castles Technology, Winpos, BBPOS Ltd., Ingenico, Cegid Group, and Bitel.

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Global Wireless POS Terminals Market Taxonomy
By Product Type
• Portable Countertop & Pin Pad
• MPOS
• Smart POS
• Others
By Components
• Hardware
• POS Software
• Services
By Technology
• NFC Terminal
• Non-NFC Terminal
By End Users
• Retail
• Hospitality
• Healthcare
• Transportation
• Sports & Entertainment
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Browse Full Research Report @ https://qualiketresearch.com/reports-details/Wireless-POS-Terminals-Market

Contact Person:
Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
sales@qualiketresearch.com
Website: https://qualiketresearch.com

About Us
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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