Point Of Sale (PoS) Terminal Market gain impetus due to the growing demand overPosted by Vikas Bahurupi on December 27th, 2018 Market Overview: A point of sale terminal is an electronic device which can be used to process card payments, it reads the information of a customer’s debit or credit card and checks whether the funds in a customer’s bank account are sufficient, based on that it transfers the funds to seller’s account from the customer’s account. Point of sale (PoS) terminals consist of software and hardware whichenables retailers to receive card payments without updating a cash registers. The expenses of mounting POS terminals differ with the size of the organization and the terms from the supplier. The merchants possibly have to pay rent for the terminal along with a transaction fees.Global Point of sale (PoS) marketwas valued, in 2017 USD XX million and in 2025 is expected to reach at USD XX million with growing CAGR of XX%. Market Dynamics: The industry is growing rapidly, due to extensive and swift technological developments in point of sale terminal solutions. Rising demand for contactless payments, along with proliferation of Near Field Communication (NFC) devices in the industrial ecosystem, has led to a surge in adoption of integrated POS terminals. Increased investments in technologies such as end-to-end encryption for providing secured payment solutions and convenience to customers are expected to augment the demand for POS terminals in the market. Companies are focusing more on Request For Report Sample with Table of Contents@ https://www.researchreportinsights.com/report/upsample/120124722/Point-Of-Sale-(PoS)-Terminal-Market software owing to increased penetration of smartphones. Market Players: Point of sale (PoS)terminal market consist of various players, few key players of the market are Samsung Electronics, HP Company, Panasonic Corporation, Ingenico S.A., PAX Technology, Cisco Systems, Panasonic Corporation, Toshiba Corporation, Verifone Systems, and MICROS Systems. Request For Report Discount@ https://www.researchreportinsights.com/report/updiscount/120124722/Point-Of-Sale-(PoS)-Terminal-Market Market Segmentation: The Point of sale (PoS) market is segmented into type, component, technology and region. On the basis of type the market is classified into countertop POS, retail POS and mobile POS. On the basis of technology the market is segmented into fixed and mobile/wireless. On the basis of component the market is classified into hardware, software and services. Market segmented based on type: Market segmented based on technology: Market segmented based on component: Like it? Share it!More by this author |