Insight Report: Is Mobile Point of Sale Changing the Retail World?

Published: May 2016
No. of Pages: 42
    ReportsandReports

Synopsis

Timetric's 'Insight Report: Is Mobile Point of Sale Changing the Retail World' analyzes the evolution of mPOS and its consecutive adoption into the payment system.

It investigates the impact of mPOS adoption beyond the evaluation of financial technology magazines. Furthermore, the report explores whether mPOS will meet investors' and mPOS companies' expectations.

The report gives extensive detail of challenges faced by small and established merchants in mPOS adoption. It also analyzes the current payment system, and how it has been impacted by mPOS.

The report gives a regional analysis of mPOS adoption and its activation rate to gain a better understanding of the system's market absorption. Moreover, it gives an insight into barriers and drivers of adoption in mature and emerging markets, and the difference between the two.

The report explores conventional merchant acquiring, the impact of EMV migration, and the NFC boost to mPOS.

Summary

Timetric's "Insight Report: Is Mobile Point of Sale Changing the Retail World" provides insights into mPOS adoption into the payment industry. It also

  • Analyzes the evolution of mPOS in the payments system
  • Covers key challenges faced by merchants in mPOS adoption
  • Explores initiatives taken by merchants to incorporate mPOS into their business models
  • Discusses various business models in the mPOS industry
  • Explores whether mPOS hype in Silicon Valley will sustain in the future

Scope

This report:

  • Covers regional analysis with respect to current POS and mPOS adoption
  • Provides analysis of major challenges faced by merchants in mPOS adoption
  • Analyzes the evolution of mPOS in the payments system
  • Explores initiatives taken by merchants to incorporate mPOS into their business models
  • Analyzes the role of card issuers in facilitating mPOS adoption
  • Explores the future options for mPOS adoptions and sustainability, and approaches by different market participants to incorporate mPOS into their business models

Reasons To Buy

  • Gain an understanding of mPOS adoption in the global cards and payments industry.
  • Gain insights into teh impact mPOS on the payment industry.
  • Understand which mPOS operating models are followed in the industry.
  • Understand why some regions are falling behind in deployment, whereas others are more advanced.
  • Gain insights into drivers of, and barriers to, adoption.
  • Understand the impact of EMV migration on the mPOS industry,
  • Gain insights into how organizations across the payment indusrty are adopting mPOS into their business models.

Key Highlights

  • Prior to the implementation of EMV standards, mPOS relied mainly on simple magnetic stripe card readers (dongles), which offered - and continue to offer in some countries - a considerable cost advantage relative to conventional POS.
  • EMV mPOS devices are 5-10 times more expensive than mag-stripe dongles. This makes mPOS less attractive for low-income merchants.
  • Cash costs are often unclear to smaller merchants, while large retailers tend to benefit from more efficient cash management.
  • mPOS allows retailers to better adapt to seasonal peaks, as it is more flexible in terms of terminal activation and deployment than conventional POS.
  • mPOS customization may be less appealing for large merchants, as many can afford to develop tailored solutions that rely on conventional POS.

Published By: Timetric
Product Code: Timetric2322


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • Global Automotive Usage-Based Insurance Market 2017-2021

    The global automotive UBI market is at a nascent stage and has low penetration in the overall automotive insurance market. The market is seeing an influx of new players owing to its growth potential and the emergence of smartphone app technology in a...

  • Consumer Payments Country Snapshot: Sweden 2016

    Summary Sweden has the potential to become the world's first cashless society. The use of cash is declining quickly in Sweden and over half of all bank branches no longer deal with cash-based transactions. Payment cards are widely held and widely us...

  • Maximizing Direct-to-Consumer Opportunities in Insurance

    Synopsis Timetric's 'Insight Report: Maximizing Direct-to-Consumer Opportunities in Insurance' analyzes the emerging importance of the direct-to-consumer (D2C) channel in the insurance industry. It provides: An overview of the D2C c...

  • Retail Banking Country Snapshot: Italy 2016

    Summary The market for financial products in Italy is less concentrated than in other countries. With the exception of Intesa Sanpaolo and UniCredit, few providers have a significant market share. Across all products, the branch is still the key acq...

  • 2017: Trends to Watch in Global Wealth Management

    Summary The wealth management industry has been undergoing transformation since the financial crisis, and 2017 will be another year marked with changes to business models and the way providers interact with clients. Many trends observed in 2016 will...

  • Global Loan Servicing Market 2017-2021

    Loan servicing software functions as a complete loan servicing system, transaction processing and banking, investor accounting, collection management system, credit reporting software, and electronic funds automated clearing house (ACH) payments and ...

  • The Cards and Payments Industry in the Philippines: Emerging Trends and Opportunities to 2021

    Synopsis Timetric's 'The Cards and Payments Industry in the Philippines: Emerging Trends and Opportunities to 2021' report provides detailed analysis of market trends in the Filipino cards and payments industry. It provides values and volumes for a ...

  • The Cards and Payments Industry in Sweden: Emerging Trends and Opportunities to 2021

    Synopsis Timetric's 'The Cards and Payments Industry in Sweden: Emerging Trends and Opportunities to 2021' report provides detailed analysis of market trends in the Swedish cards and payments industry. It provides values and volumes for a number of ...

  • The Impact of Money Laundering on Customer Due Diligence

    Synopsis The report focuses on recent developments as a result of AML regulation, and its effect on global regulation. It provides an overview of key drivers and vendors operating in financial risk management. It provides detailed analysis of th...

  • Consumer Payments Country Snapshot: China 2016

    Summary China represents a mature payment card market in Asia, with over 5 billion payment cards in issue. Despite a high card-per-customer ratio China is expected to see mild growth in both card numbers and the value of transactions, as mobile has ...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: