The mobile terminal market is expected to reach $3 trillion in transactions by 2023. The top five countries using mobile point-of-sale payments with the largest transaction value in 2023 are China , the United States, the United Kingdom, France and Japan.
This technology allows retailers
A mobile point of sale (mPOS) is a portable, wireless solution that allow UAE Phone Number List and payments through mobile devices such as smartphones and tablets. In other words, merchants can download our Android or IOS app, which functions as a point of sale, to accept payments in their store.
According to statistics from Statista
As a report published by the World Bank indicates, globally, around two-thirds of adults currently make digital payment transactions, and the proportion ALB Directory has increased significantly in developing economies, from 35% in 2014 to 57% in 2021. This shift towards increased use of digital payments is a significant driver of the expansion of the mPOS terminal market.