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Global Europay, MasterCard, and Visa point of Sale Terminals Market to grow at a CAGR of 9.9% during the period 2017-2021

Global Europay, MasterCard, and Visa point of Sale Terminals Market to grow at a CAGR of 9.9% during the period 2017-2021

Date : 03 Apr, 2017

Orbis Research Present’s Global EMV POS Terminals Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts.

The Global Europay, MasterCard, and Visa Point of sale Terminals Market to grow at a CAGR of 9.9% during the period 2017-2021.

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.

Key vendors

  • Ingenico
  • PAX Technology
  • SZZT Technology
  • Verifone