November 17, 2021

Global Point-Of-Sale Terminals Market Is Expected to Reach

Newark, NJ, June 16, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global Point-Of-Sale Terminals Market is expected to grow from USD 75.05 billion in 2020 and to reach USD 129.92 billion by 2028, growing at a CAGR of 7.10% during the forecast period 2021-2028.

The global point-of-sale terminals market is being driven by the option of the hassle-free payment, reduced queue time, and online payment without carrying cash, POS terminal adoption has aided governments’ ambition of introducing a cashless economy, particularly in developed countries. The concept of cashless payment sparked product development in the retail and hospitality sectors. Furthermore, as debit and credit card technology evolved, contactless payment became popular as a way to make a rapid purchase without inputting a PIN. This payment uses Radio-Frequency Identification (RFID) or…

Read full article here: