NFC POS Terminal Market Global Development Trends and 2020-2027 Forecasts | Paz Technology Ltd.. Also, Ingenico SA, NEC Technology, SZZT Electronics Co., Ltd.
Fast, reliable and effective payments using mobile devices without the hassles of using a card for payment has been realized with the use of NFC technology for contactless payments. The time taken for a single transaction is much lesser than the traditional chip and PIN method. The users have a higher value addition as they do not need to key in the PIN in public or hand the card to the POS operator.
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Top Key Players:-Cybernet, Inc. , Equinox Payments, First Data Corp., Heartland Payment Systems, and Paz Technology Ltd.. Also, Ingenico SA, NEC Technology, SZZT Electronics Co., Ltd., VeriFone Systems., and Castles Technology Co.
Encouraging demands for contactless payments such as smart cards, high penetration of mobile handsets equipped with NFC technology are some of the factors that are anticipated to drive rapid growth of this market during the forecast period. High costs associated with their deployments is anticipated to hinder the growth of this market in the developing economies in the coming few years. However, the influx of large number of mobile payment solutions is anticipated to further create more opportunities for the NFC POS terminal players in this market.
The report highlights key growth strategies adopted by these players of NFC POS Terminal industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
The report analyzes factors affecting NFC POS Terminal market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting NFC POS Terminal market in these regions.
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Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global NFC POS Terminal Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in NFC POS Terminal Market, thereby allowing players to develop effective long term strategies.
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