Mobile Point-Of-Sale Market to Rise at Staggering 35.4% CAGR due to Increasing Use of Smartphones
Innovative strategies are used by leading players operating in the global mobile point-of-sale market , observes Transparency Market Research. Competition among these players is also expected to rise mainly to strengthen their position in the global market. They are also expected to obstruct growth of small players. Moreover, prominent players are also using different organic and inorganic activities to get larger share and create their dominance among other players. For example, recently square and TouchBistro extended their collaborated to enable process payments. They used Square on the TouchBistro iPad mobile app across the UK. Other players are also taking substantial steps to increase their shareholding in the global mobile point-of-sale market. Oracle Corp., PAX Technology Ltd., Ingenico S.A., PayPal Holdings Inc., VeriFone Systems Inc., iZettle AB, and First Data Corp. According to TMR analysis, the global mobile point-of-sale market is expected to rise at ...