Contactless PoS Terminal Market: Increasing Demand for On-demand and Interactive Solutions to Boost Growth 2025


Researchmoz added Most up-to-date research on "Contactless PoS Terminal Market: Increasing Demand for On-demand and Interactive Solutions to Boost Growth 2025" to its huge collection of research reports.

A terminal with contactless functionality, supporting it to accept contactless payments, comprising payments from contactless chip cards, mobile NFC devices that are enabled with payment application and authorizations and dual interface chip cards. Contactless payment application exist in a point-of-sale (PoS) terminal in accordance with multiple application kernels, one of each supported payment network. The application kernels are developed and certified by the vendors who offer contactless PoS terminals. Contactless application kernels can be designed to support two different types of transactions: contactless Europay, MasterCard and Visa (EMV) chip transactions and contactless magnetic stripe data (MSD) transactions. The contactless EMV chip transaction supports enhanced functions and features including consumer device consumer verification mode (CVM).


A number of factors are contributing to the growth of global contactless PoS terminal market such as advancement in contactless payment technology, rising awareness of plastic money among the buyers, increasing frequency of purchases, and the need for fast transaction time without any hassle of long queues for payment. Contactless payment is further evolving, making itself a useful interface between the consumers, retailers, advertisers and marketers. Hence, contactless PoS terminals adoption is PoSitively impacted with all the above mentioned factors aiding the growth in revenue of global contactless PoS terminal market.


This report focuses on the global Contactless PoS Terminal status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Contactless PoS Terminal development in United States, Europe and China.

The key players covered in this study
Cegid
NEC
MICROS Systems
Hewlett Packard
Cisco Systems
Samsung Electronics
Panasonic
Ingenico
Verifone Systems
Toshiba

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Market segment by Type, the product can be split into
Hardware
Software

Market segment by Application, split into
Retail
BFSI
Education And IT
Transportation And Logistics
Energy And Utility
Government
Defence
Healthcare
Hospitality
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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