The mPOS space has been one of the fastest growing and most exciting sectors in payments since 2012, moving into global markets, offering increased value-adds and expanding with an ever-evolving cast of players. Examine this transition in detail with a new PYMNTS.com Infographic that illustrates the names and numbers you need to know.
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How POS Went Mobile - MPOS a Year in Review
1. HOW POS WENT MOBILE
A YEAR IN REVIEW
PLAYERS IN THE mPOS SPACE
ROAM launches
ROAMPAY X4
and RP350x
Square on track
to process
$10 BILLION
ANNUALLY
28%
The company has shipped
roughly 2 MILLION
READERS since 2009.
of North American
retailers plan to
adopt Mobile POS
Square on track to process
$15 BILLION ANNUALLY
The Mobile POS
market will surpass
SQUARE STAND LAUNCHED
$2 BILLION in
SUBWAY announces
they will leverage
ROAM’s mPOS solution
to provide its franchisees
with business continuity,
new revenue streams
and the opportunity to
extend its brand reach
beyond the store.
hardware/software
sales in North
America in 2013
PayPal launched Beacon
ROAM announced
partnership with
Merchant Warehouse
Danish mPOS Wallmob
gets $1.2 MILLION in seed
funding for iPad stand
TYPES OF MERCHANTS
40%
Micro
Merchants
Major Merchants
and Retailers
Office Depot,
JC Penny, Urban
Outfitters.
Nordstrom has
deployed over
6,000 mPOS
throughout 117 full
line stores
of small and mediumsized businesses
accept payments
with a mobile
credit card reader,
Independent
sellers
(Farmers Markets,
personal trainers)
16%
Mobile
salespeople
of businesses plan to
add capability within
the next year.
Small merchants
Restaurants
and Bars
QSRs and medium
sized restaurants
(IE fitness center, salon)
USE CASES
ENABLE CARD PAYMENTS
Centralized Technology Platform
2/3 of have indicated that they've
implemented or planing to
implement mPOS
mPOS will
Replace existing
POS in some large
retail and many
small and medium
sized businesses.
Out of Store merchant solutions,
home services, delivery and
direct selling
85%
of larger retailers suggest that
in 3 years, Mobile POS will
serve as additional transaction
Checkout function,
sales reps with
mobile devices
points in their stores, rather
than as replacements for
traditional fixed POS stations.
TYPES OF SOLUTIONS
ENABLE PAYMENT ACCEPTANCE
Security
encrpytion
Invoicing
Network that serves
both the merchant/
SMB and consumer
Send
receipts
Enable
Payment
acceptance
Loyalty and
Marketing
programs
Line busting,
inventory
management and
retail floor support
GEOGRAPHIES
Mexico
iZettle in June
Latin America
Payleven expands
to new countries
and lands in Brazil
India Ezetap
launches.
South Africa
Nedbank mPOS
launches in South Africa
It’s the first mPOS
in India
Continued development in these countries, additional
players enter the market. Swiff partners with Affinitas
to launch mPOS in Mexico.
19 Million US merchants don't
accept electronic payments.
That’s a $1.1 trillion market
opportunity. Mobile point of sale
terminals increased more than
100% from 2011 to 2012 worldwide.
= 1 Million
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