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December 5, 2018: About POS Mobile Card Reader

Point-of-sale (PoS) systems are devices that ensure cashless transaction of goods and merchandise. These systems are used extensively by the retail and hospitality sectors, and MSMEs, to make transactions simpler and easier. The use of these systems enhances the overall shopping experience by reducing the payment processing time and providing vital information about the consumers’ buying behavior to the companies that use such systems. They can also help retailers and MSMEs to manage information about their inventories, customers, and cash flow.

Radiant Insights analysts forecast the global POS mobile card reader market to grow at a CAGR of 44.85% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global POS mobile card reader market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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Radiant Insights report, Global POS Mobile Card Reader Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Ingenico
  • PayPal
  • Square
  • Verifone

Other prominent vendors

  • Clover Network
  • Electronic Merchant Systems
  • Etsy
  • eWay
  • Ezetap
  • First Data Merchant Solutions
  • Intuit
  • iZettle
  • JUSP
  • LifePay
  • mSwipe
  • Miura System
  • PayAnywhere
  • Shopify
  • SumUp
  • Tappr

Market driver

  • Lower costs of mobile card reader devices when compared with conventional card machines
  • For a full, detailed list, view our report

Market trend

  • Incorporation of artificial intelligence
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

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About Radiant Insights:
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