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Contactless Payment Terminals-Global Market Insights and Sales Trends 2025
Synopsis
The contactless payments with the help of the PIN terminal and a chip are the new trend which is preferred by the customers for making payments. The chip and antenna are embedded in the card which enables the customers to make payments by waving their cards or their smartphones over the reader machine present at the POS terminal.
The global Contactless Payment Terminals market size is expected to reach US$ 26550 million by 2029, growing at a CAGR of 14.7% from 2023 to 2029. The market is mainly driven by the significant applications of Contactless Payment Terminals in various end use industries. The expanding demands from the Healthcare, BFSI, Retail and Transport, are propelling Contactless Payment Terminals market. Infrared, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Near field communication segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Contactless Payment Terminals market, driven by demand from China, the second largest economy with some signs of stabilising, the Contactless Payment Terminals market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Contactless Payment Terminals, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Contactless Payment Terminals market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Contactless Payment Terminals market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Contactless Payment Terminals sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Contactless Payment Terminals covered in this report include Wirecard AG, On Track Innovations Ltd, ShopKeep, Clover Network Inc, Ingenico Group, Chip & PIN Solutions Ltd, Heartland Payment Systems Inc, Castles Technology and PoyntCo, etc.
The global Contactless Payment Terminals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Wirecard AG
On Track Innovations Ltd
ShopKeep
Clover Network Inc
Ingenico Group
Chip & PIN Solutions Ltd
Heartland Payment Systems Inc
Castles Technology
PoyntCo
iZettle AB
internalDrive
Verifone
Global Contactless Payment Terminals market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Contactless Payment Terminals market, Segment by Type:
Infrared
Near field communication
Bluetooth
Radio-frequency identification
Carrier-based mobile
Global Contactless Payment Terminals market, by Application
Healthcare
BFSI
Retail
Transport
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Contactless Payment Terminals manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Contactless Payment Terminals in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The contactless payments with the help of the PIN terminal and a chip are the new trend which is preferred by the customers for making payments. The chip and antenna are embedded in the card which enables the customers to make payments by waving their cards or their smartphones over the reader machine present at the POS terminal.
The global Contactless Payment Terminals market size is expected to reach US$ 26550 million by 2029, growing at a CAGR of 14.7% from 2023 to 2029. The market is mainly driven by the significant applications of Contactless Payment Terminals in various end use industries. The expanding demands from the Healthcare, BFSI, Retail and Transport, are propelling Contactless Payment Terminals market. Infrared, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Near field communication segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Contactless Payment Terminals market, driven by demand from China, the second largest economy with some signs of stabilising, the Contactless Payment Terminals market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Contactless Payment Terminals, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Contactless Payment Terminals market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Contactless Payment Terminals market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Contactless Payment Terminals sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Contactless Payment Terminals covered in this report include Wirecard AG, On Track Innovations Ltd, ShopKeep, Clover Network Inc, Ingenico Group, Chip & PIN Solutions Ltd, Heartland Payment Systems Inc, Castles Technology and PoyntCo, etc.
The global Contactless Payment Terminals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Wirecard AG
On Track Innovations Ltd
ShopKeep
Clover Network Inc
Ingenico Group
Chip & PIN Solutions Ltd
Heartland Payment Systems Inc
Castles Technology
PoyntCo
iZettle AB
internalDrive
Verifone
Global Contactless Payment Terminals market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Contactless Payment Terminals market, Segment by Type:
Infrared
Near field communication
Bluetooth
Radio-frequency identification
Carrier-based mobile
Global Contactless Payment Terminals market, by Application
Healthcare
BFSI
Retail
Transport
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Contactless Payment Terminals manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Contactless Payment Terminals in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Contactless Payment Terminals Market Overview
1.1 Contactless Payment Terminals Product Overview
1.2 Contactless Payment Terminals Market Segment by Type
1.2.1 Infrared
1.2.2 Near field communication
1.2.3 Bluetooth
1.2.4 Radio-frequency identification
1.2.5 Carrier-based mobile
1.3 Global Contactless Payment Terminals Market Size by Type
1.3.1 Global Contactless Payment Terminals Market Size Overview by Type (2018-2029)
1.3.2 Global Contactless Payment Terminals Historic Market Size Review by Type (2018-2023)
1.3.3 Global Contactless Payment Terminals Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Contactless Payment Terminals Sales Breakdown by Type (2018-2023)
1.4.2 Europe Contactless Payment Terminals Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Contactless Payment Terminals Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Contactless Payment Terminals Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Contactless Payment Terminals Sales Breakdown by Type (2018-2023)
2 Global Contactless Payment Terminals Market Competition by Company
2.1 Global Top Players by Contactless Payment Terminals Sales (2018-2023)
2.2 Global Top Players by Contactless Payment Terminals Revenue (2018-2023)
2.3 Global Top Players by Contactless Payment Terminals Price (2018-2023)
2.4 Global Top Manufacturers Contactless Payment Terminals Manufacturing Base Distribution, Sales Area, Product Type
2.5 Contactless Payment Terminals Market Competitive Situation and Trends
2.5.1 Contactless Payment Terminals Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Contactless Payment Terminals Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Contactless Payment Terminals as of 2022)
2.7 Date of Key Manufacturers Enter into Contactless Payment Terminals Market
2.8 Key Manufacturers Contactless Payment Terminals Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Contactless Payment Terminals Status and Outlook by Region
3.1 Global Contactless Payment Terminals Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Contactless Payment Terminals Historic Market Size by Region
3.2.1 Global Contactless Payment Terminals Sales in Volume by Region (2018-2023)
3.2.2 Global Contactless Payment Terminals Sales in Value by Region (2018-2023)
3.2.3 Global Contactless Payment Terminals Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Contactless Payment Terminals Forecasted Market Size by Region
3.3.1 Global Contactless Payment Terminals Sales in Volume by Region (2024-2029)
3.3.2 Global Contactless Payment Terminals Sales in Value by Region (2024-2029)
3.3.3 Global Contactless Payment Terminals Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Contactless Payment Terminals by Application
4.1 Contactless Payment Terminals Market Segment by Application
4.1.1 Healthcare
4.1.2 BFSI
4.1.3 Retail
4.1.4 Transport
4.1.5 Others
4.2 Global Contactless Payment Terminals Market Size by Application
4.2.1 Global Contactless Payment Terminals Market Size Overview by Application (2018-2029)
4.2.2 Global Contactless Payment Terminals Historic Market Size Review by Application (2018-2023)
4.2.3 Global Contactless Payment Terminals Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Contactless Payment Terminals Sales Breakdown by Application (2018-2023)
4.3.2 Europe Contactless Payment Terminals Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Contactless Payment Terminals Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Contactless Payment Terminals Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Contactless Payment Terminals Sales Breakdown by Application (2018-2023)
5 North America Contactless Payment Terminals by Country
5.1 North America Contactless Payment Terminals Historic Market Size by Country
5.1.1 North America Contactless Payment Terminals Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Contactless Payment Terminals Sales in Volume by Country (2018-2023)
5.1.3 North America Contactless Payment Terminals Sales in Value by Country (2018-2023)
5.2 North America Contactless Payment Terminals Forecasted Market Size by Country
5.2.1 North America Contactless Payment Terminals Sales in Volume by Country (2024-2029)
5.2.2 North America Contactless Payment Terminals Sales in Value by Country (2024-2029)
6 Europe Contactless Payment Terminals by Country
6.1 Europe Contactless Payment Terminals Historic Market Size by Country
6.1.1 Europe Contactless Payment Terminals Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Contactless Payment Terminals Sales in Volume by Country (2018-2023)
6.1.3 Europe Contactless Payment Terminals Sales in Value by Country (2018-2023)
6.2 Europe Contactless Payment Terminals Forecasted Market Size by Country
6.2.1 Europe Contactless Payment Terminals Sales in Volume by Country (2024-2029)
6.2.2 Europe Contactless Payment Terminals Sales in Value by Country (2024-2029)
7 Asia-Pacific Contactless Payment Terminals by Region
7.1 Asia-Pacific Contactless Payment Terminals Historic Market Size by Region
7.1.1 Asia-Pacific Contactless Payment Terminals Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Contactless Payment Terminals Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Contactless Payment Terminals Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Contactless Payment Terminals Forecasted Market Size by Region
7.2.1 Asia-Pacific Contactless Payment Terminals Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Contactless Payment Terminals Sales in Value by Region (2024-2029)
8 Latin America Contactless Payment Terminals by Country
8.1 Latin America Contactless Payment Terminals Historic Market Size by Country
8.1.1 Latin America Contactless Payment Terminals Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Contactless Payment Terminals Sales in Volume by Country (2018-2023)
8.1.3 Latin America Contactless Payment Terminals Sales in Value by Country (2018-2023)
8.2 Latin America Contactless Payment Terminals Forecasted Market Size by Country
8.2.1 Latin America Contactless Payment Terminals Sales in Volume by Country (2024-2029)
8.2.2 Latin America Contactless Payment Terminals Sales in Value by Country (2024-2029)
9 Middle East and Africa Contactless Payment Terminals by Country
9.1 Middle East and Africa Contactless Payment Terminals Historic Market Size by Country
9.1.1 Middle East and Africa Contactless Payment Terminals Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Contactless Payment Terminals Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Contactless Payment Terminals Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Contactless Payment Terminals Forecasted Market Size by Country
9.2.1 Middle East and Africa Contactless Payment Terminals Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Contactless Payment Terminals Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Wirecard AG
10.1.1 Wirecard AG Company Information
10.1.2 Wirecard AG Introduction and Business Overview
10.1.3 Wirecard AG Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Wirecard AG Contactless Payment Terminals Products Offered
10.1.5 Wirecard AG Recent Development
10.2 On Track Innovations Ltd
10.2.1 On Track Innovations Ltd Company Information
10.2.2 On Track Innovations Ltd Introduction and Business Overview
10.2.3 On Track Innovations Ltd Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.2.4 On Track Innovations Ltd Contactless Payment Terminals Products Offered
10.2.5 On Track Innovations Ltd Recent Development
10.3 ShopKeep
10.3.1 ShopKeep Company Information
10.3.2 ShopKeep Introduction and Business Overview
10.3.3 ShopKeep Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ShopKeep Contactless Payment Terminals Products Offered
10.3.5 ShopKeep Recent Development
10.4 Clover Network Inc
10.4.1 Clover Network Inc Company Information
10.4.2 Clover Network Inc Introduction and Business Overview
10.4.3 Clover Network Inc Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Clover Network Inc Contactless Payment Terminals Products Offered
10.4.5 Clover Network Inc Recent Development
10.5 Ingenico Group
10.5.1 Ingenico Group Company Information
10.5.2 Ingenico Group Introduction and Business Overview
10.5.3 Ingenico Group Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ingenico Group Contactless Payment Terminals Products Offered
10.5.5 Ingenico Group Recent Development
10.6 Chip & PIN Solutions Ltd
10.6.1 Chip & PIN Solutions Ltd Company Information
10.6.2 Chip & PIN Solutions Ltd Introduction and Business Overview
10.6.3 Chip & PIN Solutions Ltd Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Chip & PIN Solutions Ltd Contactless Payment Terminals Products Offered
10.6.5 Chip & PIN Solutions Ltd Recent Development
10.7 Heartland Payment Systems Inc
10.7.1 Heartland Payment Systems Inc Company Information
10.7.2 Heartland Payment Systems Inc Introduction and Business Overview
10.7.3 Heartland Payment Systems Inc Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Heartland Payment Systems Inc Contactless Payment Terminals Products Offered
10.7.5 Heartland Payment Systems Inc Recent Development
10.8 Castles Technology
10.8.1 Castles Technology Company Information
10.8.2 Castles Technology Introduction and Business Overview
10.8.3 Castles Technology Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Castles Technology Contactless Payment Terminals Products Offered
10.8.5 Castles Technology Recent Development
10.9 PoyntCo
10.9.1 PoyntCo Company Information
10.9.2 PoyntCo Introduction and Business Overview
10.9.3 PoyntCo Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.9.4 PoyntCo Contactless Payment Terminals Products Offered
10.9.5 PoyntCo Recent Development
10.10 iZettle AB
10.10.1 iZettle AB Company Information
10.10.2 iZettle AB Introduction and Business Overview
10.10.3 iZettle AB Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.10.4 iZettle AB Contactless Payment Terminals Products Offered
10.10.5 iZettle AB Recent Development
10.11 internalDrive
10.11.1 internalDrive Company Information
10.11.2 internalDrive Introduction and Business Overview
10.11.3 internalDrive Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.11.4 internalDrive Contactless Payment Terminals Products Offered
10.11.5 internalDrive Recent Development
10.12 Verifone
10.12.1 Verifone Company Information
10.12.2 Verifone Introduction and Business Overview
10.12.3 Verifone Contactless Payment Terminals Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Verifone Contactless Payment Terminals Products Offered
10.12.5 Verifone Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Contactless Payment Terminals Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Contactless Payment Terminals Industrial Chain Analysis
11.4 Contactless Payment Terminals Market Dynamics
11.4.1 Contactless Payment Terminals Industry Trends
11.4.2 Contactless Payment Terminals Market Drivers
11.4.3 Contactless Payment Terminals Market Challenges
11.4.4 Contactless Payment Terminals Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Contactless Payment Terminals Distributors
12.3 Contactless Payment Terminals Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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