Global Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market - Key Trends and Drivers Summarized
Electronic Funds Transfer Point of Sale (EFTPOS) terminals have become an integral part of the retail and banking landscape, revolutionizing the way transactions are conducted. These devices, which enable electronic payment transactions directly at the point of sale, have undergone significant advancements since their inception. Initially designed to handle basic card swipes, modern EFTPOS terminals now incorporate a host of advanced features such as contactless payment capabilities, mobile payment integration, and biometric authentication. The shift towards EMV (Europay, MasterCard, and Visa) chip technology has played a critical role in enhancing transaction security, effectively reducing fraud risks associated with traditional magnetic stripe cards. Furthermore, the integration of sophisticated software applications allows EFTPOS terminals to perform a variety of functions beyond simple payment transactions. These include inventory management, customer loyalty programs, and detailed sales reporting, all of which streamline operational processes for merchants and improve overall business efficiency.The rapid growth of digital payment systems and the booming e-commerce sector have further accelerated the global adoption of EFTPOS terminals. As consumers increasingly prefer cashless transactions for their convenience and enhanced security, the demand for advanced EFTPOS solutions continues to rise. Emerging markets are particularly experiencing swift growth, driven by governmental initiatives aimed at promoting digital payments and reducing cash dependency. For instance, countries such as India and China have implemented various programs to bolster their digital infrastructure, significantly boosting the deployment of EFTPOS terminals. Additionally, the advent of mobile POS (mPOS) systems, which enable smartphones and tablets to function as payment terminals, has broadened the accessibility of EFTPOS solutions. This innovation has particularly benefited smaller businesses, allowing them to offer flexible payment acceptance in diverse environments and enhancing their operational capabilities.
The growth in the EFTPOS terminal market is driven by several factors. The increasing penetration of smartphones and the widespread adoption of mobile payment technologies have significantly expanded the market for mPOS solutions, facilitating seamless transactions and improving the overall customer experience. The rise in online and contactless payments, a trend that has been accelerated by the COVID-19 pandemic, has further spurred the demand for terminals equipped with NFC (Near Field Communication) technology. Moreover, the integration of advanced security features, such as tokenization and end-to-end encryption, is essential in mitigating fraud risks and fostering greater consumer trust. Regulatory support and incentives for digital transactions in many countries also play a crucial role, encouraging businesses to adopt modern payment solutions. Furthermore, the growing trend of omnichannel retailing, which aims to integrate online and offline shopping experiences, is pushing retailers to upgrade their payment infrastructure, thereby driving the adoption of advanced EFTPOS terminals. This confluence of technological advancements, consumer behavior shifts, and supportive regulatory frameworks underscores the dynamic growth trajectory of the EFTPOS terminal market.
SCOPE OF STUDY:
The report analyzes the Electronic Funds Transfer Point of Sale (EFTPOS) Terminals market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Segment (Electronic Funds Transfer Point of Sale (EFTPOS) Terminals)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
- Regional Analysis: Gain insights into the U.S. market, valued at 15.7 Million Units in 2024, and China, forecasted to grow at an impressive 11.3% CAGR to reach 23.3 Million Units by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Diebold Nixdorf, Inc., First Data Corporation, Fujitsu Frontech Limited, Keycorp Pty Limited, NCR Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 133 companies featured in this Electronic Funds Transfer Point of Sale (EFTPOS) Terminals market report include:
- Diebold Nixdorf, Inc.
- First Data Corporation
- Fujitsu Frontech Limited
- Keycorp Pty Limited
- NCR Corporation
- Olivetti S.p.A.
- Oracle Hospitality
- PAX Technology Limited
- Smartpay Ltd
- Spire Payments UK
- VeriFone Systems, Inc.
- Worldline
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Diebold Nixdorf, Inc.
- First Data Corporation
- Fujitsu Frontech Limited
- Keycorp Pty Limited
- NCR Corporation
- Olivetti S.p.A.
- Oracle Hospitality
- PAX Technology Limited
- Smartpay Ltd
- Spire Payments UK
- VeriFone Systems, Inc.
- Worldline
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 239 |
Published | June 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value in 2024 | 60.7 Million Units |
Forecasted Market Value by 2030 | 94.7 Million Units |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |