The ABI survey recently said that by 2019, mPOS equipment will account for 46% of all POS installations, almost half. Almost five times the annual growth rate permeates more than just small and micro merchants, mPOS vendors will concentrate more on developing large supermarkets.
ABI analyst Phil Sealy said that the industry is more concerned about mPOS encroaching on traditional POS, but ABI believes that traditional POS and mPOS can coexist in the electronic payment acceptance market.
Visa also recently released a survey report on 2,000 small businesses in the UK, France, Germany, Italy, Poland and other countries. The survey found that a quarter of European small businesses plan to get rid of in the next six months. Their initial payment options, try new payment devices.
Although mPOS has good future expectations, it is understood that mPOS potential survivability problems still exist, and doubts about mPOS's profitability and continued business model have never stopped. For the pioneering company of mPOS, Square, Square's losses are increasing. Recently, it has also removed the wallet application and entered the vertical dining.
Good industry prospects, accompanied by the survival of the survival of the fittest, in Europe, a total of 25 mPOS solution providers, and several major European banks are also ready to enter the mPOS market, the market reshuffle will inevitably .
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