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Preparing For The $43 Billion mPOS Market

The global mPOS market will quadruple in the next four years to 54 million installed units. The market will expand to $43 billion by 2022 propped by adoption in newer verticals, financial inclusion efforts in growth economies and ease of use. This month’s mPOS Tracker highlights product launches, partnerships between players and funding deals.

The global mPOS market will quadruple in the next four years to have 54 million installed units. And, a lot of different things that are at play will prop up the industry in getting there — adoption in newer verticals, financial inclusion efforts in growth economies and ease of use. The PYMNTS mPOS Tracker is an exhaustive guide to stay on top of what’s estimated to be a $43 billion industry by 2022.

WHAT'S NEW

We added 6 new players: BBPOS, M1, ZipZap, Rakuten Smartpay, SetPay, and Samil CTS mobile. 

We updated the profiles of 11 existing players: CardFlight, Clover, eMobilePOS, Infinite Peripherals, Miura, NCR Silver, Payworks, Paynear, Spire Payments, SumUp, and Verifone.

SCORING METHODOLOGY

• Geographies served across core, emerging, and underdeveloped regions

• Payment methods supported including traditional credit and debit, plus enhanced capabilities including, but not limited to, handling cash transactions, EMV, mobile wallets, etc.

• Operating Systems including those of major mobile providers plus proprietarily developed solutions

• Devices supported inclusive of mobile phones and tablets

DOWNLOAD: AUGUST 2015 MPOS TRACKER

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