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Contactless Payment Reader Market Report 2025

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    Report

  • 250 Pages
  • October 2025
  • Region: Global
  • The Business Research Company
  • ID: 6177209
The contactless payment reader market size has grown rapidly in recent years. It will grow from $9.66 billion in 2024 to $11.39 billion in 2025 at a compound annual growth rate (CAGR) of 18%. The growth in the historic period can be attributed to increasing government support for digital payment ecosystems, rising awareness of cybersecurity and secure transaction methods, expansion of the e-commerce and online retail sector, growing implementation of self-service kiosks across industries, and the rising number of cashless initiatives in emerging economies.

The contactless payment reader market size is expected to see rapid growth in the next few years. It will grow to $21.79 billion in 2029 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to increasing consumer preference for quick and seamless transactions, rising demand for hygienic and touch-free payment solutions, growing adoption of mobile wallets and digital banking, increasing smartphone penetration, and the growing popularity of wearable payment devices. Major trends in the forecast period include advancements in near field communication (NFC) technology, integration of radio frequency identification (RFID) in payment terminals, technological developments in biometric authentication for secure payments, advancements in Bluetooth low energy (BLE) technology for mobile payments, and the integration of the internet of things (IoT) in smart kiosks and vending machines.

The rising adoption of digital payments is expected to drive the growth of the contactless payment reader market in the coming years. Digital payments involve the electronic transfer of money between parties through digital platforms without relying on physical cash. Their usage is increasing due to the growing penetration of smartphones and the internet, making electronic transactions more accessible and convenient for consumers. Contactless payment readers support this trend by enabling fast and secure transaction processing, making them highly suitable for retailers and small businesses. They reduce manual handling of payments through tap-and-go options, improving checkout speed and customer convenience. For example, in January 2024, the European Central Bank, a Germany-based central banking institution, reported that the number of contactless card payments rose by 24.3% to 20.9 billion in 2023 compared to 2022. This shows that the growing adoption of digital payments is boosting the demand for contactless payment readers.

Companies in the contactless payment reader market are increasingly introducing innovative solutions such as mobile payment readers to improve transaction speed and customer convenience. Mobile payment readers are portable devices that allow merchants to accept payments through near field communication (NFC) or Bluetooth, enabling secure transactions anywhere and making them ideal for mobile sales and small businesses. For instance, in April 2024, NMI, a US-based credit card service company, launched the ID TECH VP335, a mobile payment card reader. This device connects directly with smartphones and tablets to provide quick, seamless, and cost-effective mobile payment acceptance, supporting both EMV contact and contactless payments. It requires no pairing for its optional wired connection, processes transactions within seconds, and integrates with NMI's mobile payment app and SDKs. The solution is designed to help small and medium-sized businesses easily accept card payments, particularly those previously limited to cash transactions.

In March 2022, Infibeam Avenues Ltd., an India-based financial technology company, acquired Uvik Technologies Pvt. Ltd. for ₹75 crores ($9 million). This acquisition aimed to strengthen Infibeam’s digital payments portfolio by incorporating Uvik’s contactless payment technology to provide merchants with more secure and convenient payment solutions. Uvik Technologies Pvt. Ltd. is an India-based financial technology company specializing in contactless payment readers.

Major players in the contactless payment reader market are PayPal Holdings Inc., Thales Group S.A., Square Inc., NXP Semiconductors N.V., Cubic Corporation, PAX Global Technology Limited, Ingenico Group S.A., SumUp Payments Limited, VeriFone Inc., PayCore Payment Technologies, Castles Technology Co. Ltd., Wirecard AG, Identiv Inc., Clover Network Inc., On Track Innovations Ltd., ID TECH, Bitel Co. Ltd., Setomatic Systems Inc., Shenzhen Zhongan Chuangxin Technology Co. Ltd., Mobeewave Inc.

North America was the largest region in the contactless payment reader market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in contactless payment reader report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the contactless payment reader market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

A contactless payment reader is an electronic device that enables customers to complete transactions by tapping or waving a contactless card, smartphone, or wearable device near the reader, using technologies such as near field communication (NFC) or radio frequency identification (RFID). It facilitates fast, secure, and convenient payments without physical contact with the terminal, reducing checkout time and improving hygiene.

The main device types of contactless payment readers include point-of-sale (POS) terminals, mobile payment readers, self-service kiosks, vending machines, and payment gateways. A POS terminal combines hardware and software to process transactions, accept payments, and support retail operations. Contactless readers support a wide range of payment methods, such as credit cards, debit cards, mobile wallets, wearable devices, and cryptocurrency transactions. They utilize technologies such as NFC, RFID, magnetic stripe (Magstripe), Europay, Mastercard, and Visa (EMV), as well as quick response (QR) code scanning. These readers are used by organizations of all sizes, including small enterprises, medium-sized businesses, large corporations, startups, and franchise chains. They serve a wide range of end-user industries such as retail, hospitality, transportation and logistics, healthcare, and entertainment and leisure.

The contactless payment reader market research report is one of a series of new reports that provides contactless payment reader market statistics, including contactless payment reader industry global market size, regional shares, competitors with a contactless payment reader market share, detailed contactless payment reader market segments, market trends and opportunities, and any further data you may need to thrive in the contactless payment reader industry. This contactless payment reader market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The contactless payment reader market consists of revenues earned by entities by providing services such as tap-to-pay transactions, multi-currency acceptance, digital receipts, and real-time transaction tracking. The market value includes the value of related goods sold by the service provider or included within the service offering. The contactless payment reader market also includes sales of handheld contactless card readers, wearable payment devices, contactless payment modules, portable Bluetooth readers, and tap-to-phone solutions. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Contactless Payment Reader Market Characteristics3. Contactless Payment Reader Market Trends and Strategies
4. Contactless Payment Reader Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, and Covid and Recovery on the Market
4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Contactless Payment Reader Growth Analysis and Strategic Analysis Framework
5.1. Global Contactless Payment Reader PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Contactless Payment Reader Market Growth Rate Analysis
5.4. Global Contactless Payment Reader Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Contactless Payment Reader Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Contactless Payment Reader Total Addressable Market (TAM)
6. Contactless Payment Reader Market Segmentation
6.1. Global Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Point of Sale Terminals
  • Mobile Payment Readers
  • Self Service Kiosks
  • Vending Machines
  • Payment Gateways
6.2. Global Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Credit Cards
  • Debit Cards
  • Mobile Wallets
  • Wearable Devices
  • Cryptocurrency Transactions
6.3. Global Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Near Field Communication
  • Radio Frequency Identification
  • Magstripe
  • Europay, Mastercard and Visa
  • Quick Response (QR) Code Scanning
6.4. Global Contactless Payment Reader Market, Segmentation by Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Small Enterprises
  • Medium Sized Enterprises
  • Large Enterprises
  • Startups
  • Franchises and Chains
6.5. Global Contactless Payment Reader Market, Segmentation by End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Retail
  • Hospitality
  • Transportation and Logistics
  • Healthcare
  • Entertainment and Leisure
6.6. Global Contactless Payment Reader Market, Sub-Segmentation of Point of Sale Terminals, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Fixed Point of Sale Terminals
  • Mobile Point of Sale Terminals
  • Smart Point of Sale Terminals
6.7. Global Contactless Payment Reader Market, Sub-Segmentation of Mobile Payment Readers, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Audio Jack Readers
  • Bluetooth Readers
  • Near Field Communication enabled Mobile Readers
6.8. Global Contactless Payment Reader Market, Sub-Segmentation of Self Service Kiosks, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Bill Payment Kiosks
  • Ticketing Kiosks
  • Self checkout Kiosks
6.9. Global Contactless Payment Reader Market, Sub-Segmentation of Vending Machines, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Snack and Beverage Vending Machines
  • Ticket Vending Machines
  • Smart Vending Machines
6.10. Global Contactless Payment Reader Market, Sub-Segmentation of Payment Gateways, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Hosted Payment Gateways
  • Application Programming Interface integrated Payment Gateways
  • Platform based Payment Gateways
7. Contactless Payment Reader Market Regional and Country Analysis
7.1. Global Contactless Payment Reader Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Contactless Payment Reader Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Contactless Payment Reader Market
8.1. Asia-Pacific Contactless Payment Reader Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Contactless Payment Reader Market
9.1. China Contactless Payment Reader Market Overview
9.2. China Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Contactless Payment Reader Market
10.1. India Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Contactless Payment Reader Market
11.1. Japan Contactless Payment Reader Market Overview
11.2. Japan Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Contactless Payment Reader Market
12.1. Australia Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Contactless Payment Reader Market
13.1. Indonesia Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Contactless Payment Reader Market
14.1. South Korea Contactless Payment Reader Market Overview
14.2. South Korea Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Contactless Payment Reader Market
15.1. Western Europe Contactless Payment Reader Market Overview
15.2. Western Europe Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Contactless Payment Reader Market
16.1. UK Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Contactless Payment Reader Market
17.1. Germany Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Contactless Payment Reader Market
18.1. France Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Contactless Payment Reader Market
19.1. Italy Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Contactless Payment Reader Market
20.1. Spain Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Contactless Payment Reader Market
21.1. Eastern Europe Contactless Payment Reader Market Overview
21.2. Eastern Europe Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Contactless Payment Reader Market
22.1. Russia Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Contactless Payment Reader Market
23.1. North America Contactless Payment Reader Market Overview
23.2. North America Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Contactless Payment Reader Market
24.1. USA Contactless Payment Reader Market Overview
24.2. USA Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Contactless Payment Reader Market
25.1. Canada Contactless Payment Reader Market Overview
25.2. Canada Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Contactless Payment Reader Market
26.1. South America Contactless Payment Reader Market Overview
26.2. South America Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Contactless Payment Reader Market
27.1. Brazil Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Contactless Payment Reader Market
28.1. Middle East Contactless Payment Reader Market Overview
28.2. Middle East Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Contactless Payment Reader Market
29.1. Africa Contactless Payment Reader Market Overview
29.2. Africa Contactless Payment Reader Market, Segmentation by Device Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Contactless Payment Reader Market, Segmentation by Payment Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Contactless Payment Reader Market, Segmentation by Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Contactless Payment Reader Market Competitive Landscape and Company Profiles
30.1. Contactless Payment Reader Market Competitive Landscape
30.2. Contactless Payment Reader Market Company Profiles
30.2.1. PayPal Holdings Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Thales Group S.A. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Square Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. NXP Semiconductors N.V. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Cubic Corporation Overview, Products and Services, Strategy and Financial Analysis
31. Contactless Payment Reader Market Other Major and Innovative Companies
31.1. PAX Global Technology Limited
31.2. Ingenico Group S.A.
31.3. SumUp Payments Limited
31.4. VeriFone Inc.
31.5. PayCore Payment Technologies
31.6. Castles Technology Co. Ltd.
31.7. Wirecard AG
31.8. Identiv Inc.
31.9. Clover Network Inc.
31.10. On Track Innovations Ltd.
31.11. ID TECH
31.12. Bitel Co. Ltd.
31.13. Setomatic Systems Inc.
31.14. Shenzhen Zhongan Chuangxin Technology Co. Ltd.
31.15. Mobeewave Inc.
32. Global Contactless Payment Reader Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Contactless Payment Reader Market34. Recent Developments in the Contactless Payment Reader Market
35. Contactless Payment Reader Market High Potential Countries, Segments and Strategies
35.1 Contactless Payment Reader Market in 2029 - Countries Offering Most New Opportunities
35.2 Contactless Payment Reader Market in 2029 - Segments Offering Most New Opportunities
35.3 Contactless Payment Reader Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Contactless Payment Reader Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on contactless payment reader market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for contactless payment reader? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The contactless payment reader market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include: the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:

1) By Device Type: Point of Sale Terminals; Mobile Payment Readers; Self Service Kiosks; Vending Machines; Payment Gateways
2) By Payment Method: Credit Cards; Debit Cards; Mobile Wallets; Wearable Devices; Cryptocurrency Transactions
3) By Technology Type: Near Field Communication; Radio Frequency Identification; Magstripe; Europay, Mastercard and Visa; Quick Response (QR) Code Scanning
4) By Organization Size: Small Enterprises; Medium Sized Enterprises; Large Enterprises; Startups; Franchises and Chains
5) By End-User Industry: Retail; Hospitality; Transportation and Logistics; Healthcare; Entertainment and Leisure

Subsegments:

1) By Point of Sale Terminals: Fixed Point of Sale Terminals; Mobile Point of Sale Terminals; Smart Point of Sale Terminals
2) By Mobile Payment Readers: Audio Jack Readers; Bluetooth Readers; Near Field Communication enabled Mobile Readers
3) By Self Service Kiosks: Bill Payment Kiosks; Ticketing Kiosks; Self checkout Kiosks
4) By Vending Machines: Snack and Beverage Vending Machines; Ticket Vending Machines; Smart Vending Machines
5) By Payment Gateways: Hosted Payment Gateways; Application Programming Interface integrated Payment Gateways; Platform based Payment Gateways

Companies Mentioned: PayPal Holdings Inc.; Thales Group S.A.; Square Inc.; NXP Semiconductors N.V.; Cubic Corporation; PAX Global Technology Limited; Ingenico Group S.A.; SumUp Payments Limited; VeriFone Inc.; PayCore Payment Technologies; Castles Technology Co. Ltd.; Wirecard AG; Identiv Inc.; Clover Network Inc.; on Track Innovations Ltd.; ID TECH; Bitel Co. Ltd.; Setomatic Systems Inc.; Shenzhen Zhongan Chuangxin Technology Co. Ltd.; Mobeewave Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

The companies featured in this Contactless Payment Reader market report include:
  • PayPal Holdings Inc.
  • Thales Group S.A.
  • Square Inc.
  • NXP Semiconductors N.V.
  • Cubic Corporation
  • PAX Global Technology Limited
  • Ingenico Group S.A.
  • SumUp Payments Limited
  • VeriFone Inc.
  • PayCore Payment Technologies
  • Castles Technology Co. Ltd.
  • Wirecard AG
  • Identiv Inc.
  • Clover Network Inc.
  • On Track Innovations Ltd.
  • ID TECH
  • Bitel Co. Ltd.
  • Setomatic Systems Inc.
  • Shenzhen Zhongan Chuangxin Technology Co. Ltd.
  • Mobeewave Inc.

Table Information