Global Contactless PoS Terminals Market 2018-2022
About contactless PoS terminals
Point of sale (PoS) terminals are computerized systems that are installed in mostly retail stores to carry out transactions. PoS terminals can process credit and debit cards and replaces cash or manual registers. Contactless PoS terminals are based on the near-field communication (NFC) technology, that require NFC-enabled Europay/MasterCard/Visa (EMV) card or payment device close to the PoS terminal to make the transaction. Technavio’s analysts forecast the Global contactless PoS terminals market to grow at a CAGR of 23.76% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the contactless PoS terminals market. To calculate the market size, the report considers the revenue generated from the hardware sales of NFC-enabled PoS terminals.The market is divided into the following segments based on geography:
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