Card Payment Terminals Market Size, Share, Trends, Growth Outlook

The Global Card Payment Terminals Market Size is estimated to register 15.2% growth over the forecast period from 2023 to 2030.

 

Card Payment Terminals Market Overview

The market is driven by the increasing adoption of contactless payments facilitated by Near Field Communication (NFC) technology. Consumers and businesses are embracing the convenience and speed offered by contactless transactions. Card payment terminals are increasingly offering value-added services beyond traditional payment processing. The continuous growth of e-commerce globally is driving the demand for card payment terminals. The integration of contactless wearables (e.g., smart watches) and biometric authentication methods (such as fingerprint recognition) into card payment terminals is gaining traction. The need for touchless transactions and hygiene considerations have fueled the use of card payment terminals

 

Market dynamics

Market trend: The growing use of contactless payments, thanks to Near Field Communication (NFC) technology, is a major driver in the card payment terminals market.

The trend of increasing adoption of contactless payments, facilitated by Near Field Communication (NFC) technology, is a significant driver in the card payment terminals market. Businesses are increasingly recognizing the benefits of contactless payments as well. Consumers are now accustomed to the seamless integration of payment capabilities into their smartphones, smartwatches, and other wearables. This shift in consumer behavior, emphasizing speed, convenience, and safety, has prompted businesses to upgrade their terminals to support contactless transactions, particularly in the wake of the COVID-19 pandemic, further accelerating the adoption of contactless payment methods.

 

Market driver: The ongoing worldwide growth of e-commerce acts as a powerful force driving the demand for card payment terminals.

The continuous global expansion of e-commerce serves as a potent driver propelling the demand for card payment terminals. E-commerce platforms, ranging from large multinational retailers to small businesses, rely on card payment terminals to facilitate secure and seamless transactions. This involves providing a variety of payment options, with card payments being a foundational component. Manufacturers and service providers actively develop terminals equipped with features tailored for the e-commerce environment, such as enhanced security protocols, compatibility with various online platforms, and integration capabilities with other e-commerce tools.

 

Market Opportunity:  The push for EMV (Europay, Mastercard, and Visa) compliance and the implementation of strict security standards are foundational drivers in the card payment terminals market.

The drive towards EMV (Europay, Mastercard, and Visa) compliance and the implementation of stringent security standards serve as foundational drivers in the card payment terminals market. Card payment terminals that support EMV chip technology enable a more secure transaction process, reducing vulnerability to various forms of fraud, including counterfeit card usage. Manufacturers and service providers actively invest in developing terminals that not only meet but exceed these standards, ensuring robust protection against emerging threats. Security standards, often mandated by regulatory bodies and payment card industry organizations, become a catalyst for innovation in card payment terminals.

 

Market share analysis: The Portable or Bluetooth Credit Card Machine presently leads the market, capturing the largest market share.

The Portable or Bluetooth Credit Card Machine currently dominates the market, holding the largest market share among GPRS Credit Card Machine, Portable or Bluetooth Credit Card Machine, Countertop Credit Card Machine, and Wi-Fi Credit Card Machine. This market leadership can be attributed to several factors, reflecting the evolving dynamics of the payment solutions landscape. The burgeoning gig economy and the increasing popularity of mobile services, such as food trucks and delivery services, play a pivotal role in driving the demand for portable payment solutions Bluetooth connectivity is a key feature that contributes to the widespread adoption of these portable machines

 

The large enterprise segment may possess the largest market share among SMEs and large enterprises.

The large Enterprise segment might hold the largest market share across SMEs and Large Enterprises. Large businesses with multiple locations and frequent customer interactions require robust and scalable terminal solutions to handle the volume efficiently. Large enterprises often have established POS systems and back-office operations. They might favor terminals with seamless integration capabilities for unified data management and reporting. Stringent data security regulations and compliance mandates might push large businesses towards more secure terminals with advanced encryption and fraud prevention features.

 

Card Payment Terminals Market Segmentation

By Type

• GPRS Credit Card Machine
• Portable or Bluetooth Credit Card Machine
• Countertop Credit Card Machine
• Wi-Fi Credit Card Machine

By Application

• Restaurants
• Travel & Hospitality
• Retail
• Healthcare
• Education
• Automotive
• Others

By Organization Size

• SMEs
• Large Enterprise

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Card Payment Terminals Market companies

• Ingenico (France)
• Block Inc (United States)
• Clearly Payments Inc (Canada)
• Stripe Inc (Ireland)
• Worldline (France)
• Global Payments Inc (United States)
• Clover Network LLC (United States)
• SumUp Inc (United Kingdom)
• Toast (United States)
• Fiserv Inc (United States)
• True Merchant (United States)

 

*List not exhaustive

Card Payment Terminals Market Outlook 2023

1 Market Overview

1.1 Introduction to the Card Payment Terminals Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Card Payment Terminals Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Card Payment Terminals Market Companies with Area Served

4.2.2 Products Offerings Global Card Payment Terminals Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Card Payment Terminals Market Trends

6.1 Global Card Payment Terminals Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Card Payment Terminals Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Card Payment Terminals Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Card Payment Terminals Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Card Payment Terminals Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Card Payment Terminals Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Card Payment Terminals Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Card Payment Terminals Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Card Payment Terminals Development Regional Status and Outlook

8.1 Global Card Payment Terminals Revenue (USD Million) By Regions (2018-2022)

8.2 North America Card Payment Terminals Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Card Payment Terminals Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Card Payment Terminals Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Card Payment Terminals Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Card Payment Terminals Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Card Payment Terminals Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Card Payment Terminals Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Card Payment Terminals Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Card Payment Terminals Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Card Payment Terminals Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Card Payment Terminals Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Card Payment Terminals Revenue (USD Million) by Applications (2018-2022)

8.5 South America Card Payment Terminals Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Card Payment Terminals Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Card Payment Terminals Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Card Payment Terminals Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Card Payment Terminals Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Card Payment Terminals Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Card Payment Terminals Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Card Payment Terminals Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Card Payment Terminals Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Card Payment Terminals Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Card Payment Terminals Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Card Payment Terminals Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Card Payment Terminals Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Card Payment Terminals Development Regional Status and Outlook Forecast

11.1 Global Card Payment Terminals Revenue (USD Million) By Regions (2023-2030)

11.2 North America Card Payment Terminals Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Card Payment Terminals Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Card Payment Terminals Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Card Payment Terminals Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Card Payment Terminals Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Card Payment Terminals Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Card Payment Terminals Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Card Payment Terminals Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Card Payment Terminals Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Card Payment Terminals Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Card Payment Terminals Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Card Payment Terminals Revenue (USD Million), by Applications (2023-2030)

11.5 South America Card Payment Terminals Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Card Payment Terminals Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Card Payment Terminals Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Card Payment Terminals Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Card Payment Terminals Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Card Payment Terminals Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Card Payment Terminals Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Card Payment Terminals Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Card Payment Terminals Market Companies with Areas Served

Table 3 Products Offerings Global Card Payment Terminals Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Card Payment Terminals Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Card Payment Terminals Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Card Payment Terminals Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Table 11 Global Card Payment Terminals Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Card Payment Terminals Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Card Payment Terminals Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Card Payment Terminals Market Share (%) By Regions (2018-2022)

Table 16 North America Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Table 17 North America Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Table 18 North America Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Table 26 South America Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Table 27 South America Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Table 33 Global Card Payment Terminals Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Card Payment Terminals Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Card Payment Terminals Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Card Payment Terminals Revenue (USD)By Country (2023-2030)

Table 38 North America Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Table 39 North America Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Card Payment Terminals Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Card Payment Terminals Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Card Payment Terminals Revenue (USD Million) By Country (2023-2030)

Table 47 South America Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Table 48 South America Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Card Payment Terminals Revenue Market Share (%) By Type (2022)

Figure 5 Global Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Card Payment Terminals Revenue Market Share (%) By Applications (2022)

Figure 7 Global Card Payment Terminals Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Card Payment Terminals Market Share (%) By Regions (2022)

Figure 9 North America Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Card Payment Terminals Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Card Payment Terminals Revenue Market Share (%) By Type (2030)

Figure 26 Global Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Card Payment Terminals Revenue Market Share (%) By Applications (2030)

Figure 28 Global Card Payment Terminals Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Card Payment Terminals Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Card Payment Terminals Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Card Payment Terminals Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Card Payment Terminals Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Card Payment Terminals Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Card Payment Terminals Market Segmentation

By Type

• GPRS Credit Card Machine
• Portable or Bluetooth Credit Card Machine
• Countertop Credit Card Machine
• Wi-Fi Credit Card Machine

By Application

• Restaurants
• Travel & Hospitality
• Retail
• Healthcare
• Education
• Automotive
• Others

By Organization Size

• SMEs
• Large Enterprise

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)