Market Insight : Mobile EMV POS Terminals Market Globally Grow at a CAGR of 17.87% by 2020
ResearchMoz presents professional and in-depth study of "Global Mobile EMV POS Terminals Market 2016-2020". POS terminals comprise both hardware and software and allow users to avail card payments directly without updating their cash registers. The cost of installing a terminal varies with the size of the business unit and the selling terms among the channel partners and suppliers. Segments such as pubs and take-out restaurants are integrating POS terminals in comparatively less volumes. Thus, the cost of installation is comparatively lower for these units. The demand for POS terminals is increasing because of the growing payment services and the use of debit or credit cards for safe and secure transactions among small- and medium-sized enterprises such as small hotels and restaurants. Technavios analysts forecast the global mobile EMV POS terminals market to grow at a CAGR of 17.87% during the period 2016-2020. Covered in this report The report covers the present scenario ...