NEW YORK, Oct. 19, 2015 /PRNewswire/ -- About POS terminals
POS terminals are a combination of hardware and software that allows the users to accept card payments directly without updating their cash registers. The cost of installing a terminal varies with the size of business unit and selling terms with the channel partners and suppliers. POS terminal is an electronic device and performs the following functions:
- Checks the funds status in a customer's bank account
- Transfers the funds from customer's account to the seller's account
- Records the transaction
- Print the receipt of transaction
Technavio's analysts forecast the POS terminals market in Brazil to grow at a CAGR of 17.77% in terms of shipments during the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global POS terminal market in Brazil for the period 2015-2019. It considers the revenue generated from the shipments of POS terminals in Brazil, including fixed POS terminals and wireless POS terminals.
The report does not consider the revenue generated from the following:
- Maintenance for POS terminals
- Services of POS terminals
- Cost of deployment
- mPOS terminals
- Sales of used POS terminals
The merchants/institutions in Brazil include the following applications:
- Retail
- Hospitality
- Healthcare
- Entertainment
- Warehouse
- Others
Technavio's report, POS Terminals Market in Brazil 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- First Data
- Ingenico
- SZZT
- VeriFone
Other prominent vendors
- CyberNet
- PAX Technology
- Equinox
Market driver
- Increasing adoption of EMV cards
- For a full, detailed list, view our report
Market challenge
- Increasing mobile payment market in Brazil
- For a full, detailed list, view our report
Market trend
- Growing need for improved security standards
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 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?
Read the full report: http://www.reportlinker.com/p03326390-summary/view-report.html
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