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Wireless Pos Terminal Market Research Report, By Component (Hardware, Software Solutions, and Services), By Type (Portable Countertop & Pin Pad, Mpos, Smart Pos and Others) and By End-User by Forecast Till 2023
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Wireless Pos Terminal Market Report- Forecast 2023 Wireless Pos Terminal Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.
Wireless Pos Terminal Market Report- Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.
Wireless Pos Terminal Market Report- Forecast 2023 Summary A point of sale terminal (POS) is digital device implemented to operate at through card payments at various terminals. A POS terminal operates through different stages. First, the device scans the customer’s information provided by credit, debit card or prepaid. Second, the device verifies whether pre-requisite amount in a customer’s bank account is adequate to make the payment. Third, if the amount is sufficient, then it transaction of funds takes place to the merchant bank. Lastly, the device keeps a note of the transaction and acknowledges with the receipt. Currently, India in particular, witnessing a huge demand for Wireless POS Terminal Market, the reason attributed to constant government encouragement to promote the cashless economy. During demonetization period, where the country was facing low stock of hard-cash, payment transacted through digital cards such as credit card and debit card made a huge impact on the economy. P a g e | 3 Copyright © 2017 Market Research Future.
Wireless Pos Terminal Market Report- Forecast 2023 Major Key Players: Ingenico (France), Verifone (U.S.), First Data (U.S.), Winpos (Finland), BITEL (Korea), Cegid Group (France), Moneris (Canada), Elavon (U.S.), Castles Technology (Taiwan), Newland Payment Technology (China), CITIXSYS AMERICAS (U.S.), Touchbistro (Canada), PAX Global Technology (Hong Kong), NCR Corporation (U.S.), Diebold Nixdorf (U.S.), P a g e | 4 Copyright © 2017 Market Research Future.
Wireless Pos Terminal Market Report- Forecast 2023 Segmentation: The wireless POS terminal is segmented by component, type, and end-user. By component, the wireless POS terminal market is sub-segmented into hardware and software solutions. The hardware sub-segment consists of payment terminal, accessories and workstation. The payment terminal include smartphones and tablets associated with debit or credit card readers and accessories comprise monitors, receipt printers, barcode scanners, wireless barcode scanners, PIN pad, cash drawers, physical inventory scanners, and tag printers Furthermore, the software solutions include content management, asset management, configuration solutions, and others. The service sub segment include merchant services, installation services and transaction management services, and others. P a g e | 5 Copyright © 2017 Market Research Future.
Wireless Pos Terminal Market Report- Forecast 2023 Regional Analysis: Geographically, the wireless POS terminal is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World. North America is presumed to dominate the region in wireless POS terminal market. The U.S. and Canada are the leading countries in the region. This is due to advanced technological infrastructure, which made them early adopter of the system. Furthermore, Asia Pacific is anticipated to be the fastest growing region in the wireless POS Terminal market over the forecast period. India, Japan, and China are the leading countries to be a better prospect region. This is attributed to government initiatives to promote the cashless economy. P a g e | 6 Copyright © 2017 Market Research Future.
Wireless Pos Terminal Market Report- Forecast 2023 (Germany) are focusing on the digital utilities transformation. P a g e | 7 Copyright © 2017 Market Research Future.