Global Electronic Fund Transfer Point of Sale- Global Market Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025

Research N Reports brings key comprehensions on its latest report titled Global Electronic Fund Transfer Point of Sale Market by types (Counter-Top, Mobile, and Inbuilt); by Application type (Retail, Hospitality, Restaurants, Entertainment, Warehousing, and Others); by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Global Market Insights Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025’.

These days’ customers are becoming more demanding and expect instantaneous and one-touch payment solutions. The payments space has witnessed the entry of several non-banking institutions offering payment solutions and services. Over the past few years, developing economies such as India has also been witnessing strong developments, with digital payments experiencing exponential growth. Digital payments have therefore led to high demand for electronic funds transfer point of sale terminals in the market. Growing technological advances and ease of money transfer, banking and payments is the major factor driving the growth of global electronic funds transfer point of sale terminals in the market.

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Benefits such as security in terms of cash more liable to theft, fraud and loss, ability to generate revenue from new channels and digital financial services, better and faster ability to access the health of their business operations, for instance, cash flows, profit and loss through synergies with e-payments, value added services which come along with payments or for receiving or making payments are the major factors driving the demand for Electronic Funds Transfer Point of Sale Terminals in the global market.

But some factors such as higher percentage of paper-based payment transactions (cash and checks), self-employed firms stores tend to shy away from electronic transactions, such as using debit or credit cards, lack of awareness, difficulty in accessing financial services are expected to show steady growth of digital payment system in the developing economies. Merchants in developing economies, there is limited acceptance and use of electronic payments, despite progress in elevating financial access and inclusion at both the global and country level, and the important role merchants play in the economy. Whereas, a transition to SmartPOS is seen as an opportunity to this growing market.

Based on regions, this market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. Asia Pacific accounted for a major share of global Electronic Fund Transfer Point of Sale market in 2016 and is expected to increase in the near future.

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This report covers a complete analysis of the competitive landscape of the Global Electronic Fund Transfer Point of Sale Market. It includes company profiles of some of the key market players such as WorldlineAtos, Equinox Payments LLC, First Data Corporation, Fujitsu Limited, VeriFone (Formerly Hypercom), Ingenico, Dejavoo, Exadigm, XAC Automation Corp. Panasonic, PAX, Smartpay NCR Corporation, and Olivetti.

The Global Electronic Fund Transfer Point of Sale Market is segmented as given below:

By Types:
• Counter-Top
• Mobile
• Inbuilt

By Application type:
• Retail
• Hospitality
• Restaurants
• Entertainment
• Warehousing
• Others

By Regions:
• North America
• Asia Pacific
• Europe
• Middle East & Africa
• Latin America

By Key Players:
• WorldlineAtos
• Equinox Payments LLC
• First Data Corporation
• Fujitsu Limited
• VeriFone (Formerly Hypercom)
• Ingenico
• Dejavoo
• Exadigm
• XAC Automation Corp. Panasonic
• PAX
• Smartpay NCR Corporation
• Olivetti

Peruse the complete report titled “Global Electronic Fund Transfer Point of Sale- Global Market Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025” at https://www.researchnreports.com/semiconductor-electronics/Global-Electronic-Fund-Transfer-Point-of-Sale-Market-2017-2025-62463

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