Press release
Pay Card Reader Market 2018 Key Players - Square, Inc., Paypal Inc, Intuit Inc., PayAnywhere LLC, Paynear ONE Solutions
Description:
Pay Card Reader -Global Market Status and Trend Report 2013-2023 offers a comprehensive analysis on Pay Card Reader Analytics industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.
A pay card reader can be defined as a device used to read credit cards and debit cards through a magnetic band and pin technology. The device is connected to the mobile phone through an audio jack or via NFC or Bluetooth technology. Government across the globe is striving to improve the mobile and internet infrastructure, and the demand to revolutionize contactless payment system is one of the significant reasons boosting the pay card reader market. The increase in number of micro, small and medium sized enterprises is fuelling the mobile payment market. The complexities associated with bank procedures and high transaction fees has led to shutdown of many micro, small and large businesses and are looking forward to implement card based transaction. Further the pay card reader market is segmented on the basis of technology and application.
Technology is playing a vital role in contactless payment transaction. There are numerous technology that is used to connect the pay card reader device with the smartphone or other portable devices such as near field communication technology, Bluetooth, chip and sign, biometrics, magnetic strip and QR code. The technology listed above has their own significant characteristics and is widely used in mobile based payment procedure.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5239
Some of the prominent players in the global pay card reader market: Square, Inc., Paypal Inc, Intuit Inc. (U.S.), PayAnywhere LLC (U.S.), Paynear ONE Solutions (India), First Data Corporation (U.S.), CPI Card Group Inc. (U.S.), Infineon Technologies Ag (Germany), Gemalto (Netherlands), Mahindra Comviva (India) And Others.
The global Pay Card Reader Market is expected to grow at a CAGR of approximately 44% during the forecast period 2017-2023.
Key Findings:
By Technology: Magnetic Strip is dominating the market of pay card reader by technology and has reached USD 1,936.81 Million in the year 2017 and Near Field Communication is expected to grow at a fastest CAGR of 44.36%.
By Application: Retail is dominating the market of pay card reader by application and has reached USD 2,763.16 Million in the year 2017. And is also is the fastest growing at a 43.89% CAGR.
Segments:
The global pay card reader market is segmented by technology and application. By technology the market is sub-segmented into Europay MasterCard Visa (EMV) Chip, near field communication technology and QR codes. By application the market is segmented into healthcare, hospitality, retail, entertainment, transportation and consumer utility services.
Get a Complete Report @ https://www.marketresearchfuture.com/reports/pay-card-reader-market-5239
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Pay Card Reader Market 2018 Key Players - Square, Inc., Paypal Inc, Intuit Inc., PayAnywhere LLC, Paynear ONE Solutions here
News-ID: 954018 • Views: …
More Releases from Market Research Future - MRFR
Explosives Market Set to Reach USD 40.2 Billion, with a Healthy 2.13% CAGR Till …
The explosives market encompasses the production, distribution, and application of energetic materials used across a wide range of sectors - from mining, quarrying, and construction to defense, demolition, and special industrial applications. Explosives are engineered formulations designed to release energy rapidly and are typically classified by sensitivity, velocity of detonation, and intended use. While military applications attract attention for their strategic importance, commercial explosives for mining and infrastructure development constitute…
India Water Treatment Market Expected to Achieve a Strong 10.60% CAGR, to Reach …
Water treatment in India has become a crucial sector due to rapid urbanization, industrial growth, rising population, and increasing environmental challenges. With growing concerns about water scarcity, pollution, and the need for safe drinking water, India's water treatment industry plays a vital role in supporting public health, sustainable agriculture, and industrial operations.
The country faces significant challenges, including contamination of surface and groundwater, high demand from agricultural and industrial sectors, and…
USA Pulp and Paper Market Forecasted to Reach USD 69.33 Billion By 2034, at an I …
The United States pulp and paper industry is one of the oldest and most established manufacturing sectors in the country. It has played a crucial role in supporting industries ranging from publishing and education to packaging, hygiene, and industrial applications. Despite digitalization reducing demand for traditional printing and writing paper, the market has successfully adapted by shifting toward sustainable packaging solutions, tissue products, and specialty paper.
Pulp, produced mainly from wood…
US Graphene Market Projected to Reach USD 850 Million, with a Robust 29.37% CAGR …
Graphene, a one-atom-thick sheet of carbon atoms arranged in a two-dimensional honeycomb lattice, is widely recognized as one of the most promising advanced materials of the 21st century. Known for its exceptional electrical conductivity, mechanical strength, thermal conductivity, and transparency, graphene has the potential to revolutionize multiple industries including electronics, energy storage, composites, healthcare, and coatings.
In the United States, graphene research and commercialization have been advancing rapidly, supported by strong…
More Releases for Pay
Proximity Payment Market is Going to Boom | Major Giants Apple Pay, Google Pay, …
HTF MI just released the Global Proximity Payment Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
𝐌𝐚𝐣𝐨𝐫 Giants in Proximity Payment Market are:
Apple Pay, Google Pay, Samsung…
Mobile Wallet (NFC, Digital Wallet) Market to Witness Stunning Growth | Apple Pa …
HTF MI recently introduced Global Mobile Wallet (NFC, Digital Wallet) Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Apple Pay, Google Pay, Samsung Pay, PayPal, Alipay, WeChat Pay,…
Unified Payments Interface (UPI) Market Is Booming Worldwide | Google Pay, Amazo …
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2028. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about…
Unified Payments Interface (UPI) Market May See a Big Move | Major Giants Samsun …
The latest study released on the Global Unified Payments Interface (UPI) Market by AMA Research evaluates market size, trend, and forecast to 2027. The Unified Payments Interface (UPI) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about…
Samsung Pay Market is Booming Worldwide with Samsung Pay, Apple Pay, Google Pay
HTF Market Intelligence released a new research report of 23 pages on title 'Samsung Pay - Competitor Profile' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc and important players such as Samsung Pay, Apple Pay, Google Pay, Alipay, Tenpay, Samsung Electronics, Visa, Mastercard.
Request a sample report @ https://www.htfmarketreport.com/sample-report/3587660-samsung-pay-competitor-profile
Summary
Samsung…
Mobile Payment Market may see a big Move: Apple Pay, Samsung Pay, Amazon Pay
A new business intelligence report released by HTF MI with title "Global Mobile Payment Market Report 2020" is designed covering micro level of analysis by manufacturers and key business segments. The Global Mobile Payment Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some…
