The latest modification in the payment industry is mobile card readers. Earlier, enterprises were reluctant to accept card payments due to high processing fees and other hardware drawbacks. The development of these devices has encouraged a number of enterprises to accept card payments as they have reduced the hassles surrounding traditional mPOS terminals. Hardware components form the main differentiating factor between traditional point-of-sale (POS) payment terminals and mobile card readers in the market.

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Base year and forecast period

Definitions

Data calculation approach

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Impact of EMV adoption in US

Market overview

Supply chain analysis

Market size and forecast

PART 06: Market segmentation by technology

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

Americas

EMEA

APAC

PART 09: Market drivers

Growing number of MSMEs offer a large scalable

customer base

Lower transaction costs

Growing dependence on plastic for transactions

Rise in e-commerce transactions

PART 10: Impact of drivers

PART 11: Market challenges

Reaching out to potential customers

Longer transaction time using card readers

Growth of online transactions due to safety factor

Increase in the number of fraudulent activities with

respect to cards

Software development and upgrading expenses

PART 12: Impact of drivers and challenges

PART 13: Market trends

Shift in fraud liability policy

Adoption of contactless payment systems

Diversification of product portfolio by market vendors

Advent of magnetic secure transmission (MST)

technology

PART 14: Vendor landscape

Competitive scenario

Key vendors

PART 15: Appendix

List of abbreviations

PART 16: Explore Technavio