Boston, MA -- (SBWIRE) -- 03/02/2017 -- Europay, MasterCard, and Visa (EMV) is the standard for payment cards, payment terminals, and ATMs. EMV standards were developed to deliver safer payment transactions between chip-based payment cards and terminals. EMV POS terminals generate a dynamic code for every transaction, making it almost impossible for fraudsters to decode and retrieve customer information. When a POS terminal performs all the above functions and is EMV compatible, it is referred to as an EMV POS terminal.

Technavio's analysts forecast the global Europay, MasterCard, and Visa point of sale terminals market to grow at a CAGR of 9.9% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global Europay, MasterCard, and Visa point of sale terminals market for 2017-2021. To calculate the market size, the report considers the total sales of EMV POS terminals (fixed line and mobile) across all the sectors such as retail and hospitality.

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

Get More Details on this Report and a Full Table of Contents at Global EMV POS Terminals Market 2017-2021

-Americas
-APAC
-EMEA

Technavio's report, Global Europay, MasterCard, and Visa Point of Sale Terminals Market 2017-2021, 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
-PAX Technology
-SZZT Technology
-Verifone

Other prominent vendors

-ATOS Worldline
-CyberNet
-Equinox
-First Data
-Keycorp
-NCR
-Spire Payments

Market driver

-Increasing penetration of contactless payments
-For a full, detailed list, view our report

Market challenge

-Growing number of online transactions
-For a full, detailed list, view our report

Market trend

-Increasing number of mobile devices with NFC
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 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?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Ingenico, PAX Technology, SZZT Technology, Verifone, ATOS Worldline, CyberNet, Equinox, First Data, Keycorp, NCR, Spire Payments

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