Global Virtual Payment (POS) Terminal Market Report 2024

Virtual Payment (POS) Terminals Global Market Report 2025 – By Solution (Software Platform, Professional Services), By Industry (Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries) – Market Size, Trends, And Global Forecast 2025-2034

Virtual Payment (POS) Terminals Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

Need assistance or more information before the purchase?

Enquire Before Buying
Virtual Payment (POS) Terminals Market

Proud Members Of

checkslacipN checkaoirsN checkscipN

Virtual Payment (POS) Terminals Market Definition

The virtual payment (POS) terminals refer to a web-based application that enables to manage the electronic payments over the phone, through the mail, fax, email, or in person. Virtual terminals utilize non-physical software programs yet function similarly to a physical card reader. The customers insert or tap their card into a physical card reader and enter their PIN to confirm the transaction with the machine. After then, the transaction is processed automatically.

The main solutions of virtual payment (POS) terminals include Software Platforms and professional services. The software platform of virtual payment (POS) terminals offers software solutions to run the virtual payment (POS) terminals. The end-users of virtual payment (POS) terminals include retail, warehouse, hospitality, consumer electronics, food and beverages, healthcare, entertainment, and other industries.

Virtual Payment (POS) Terminals Market Segmentation

The virtual payment (POS) terminals market covered in this report is segmented –

1) By Solution: Software Platform, Professional Services

2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries

Subsegments:

1) By Software Platform: Payment Processing Software, Integration Software, Security Software

2) By Professional Services: Consulting Services, Implementation Services, Support And Maintenance Services

Virtual Payment (POS) Terminals Market Size and growth rate 2025 to 2029: Graph

Virtual Payment (POS) Terminals Market Size 2025 And Growth Rate

The virtual payment (POS) terminals market size has grown exponentially in recent years. It will grow from $17.85 billion in 2024 to $23.48 billion in 2025 at a compound annual growth rate (CAGR) of 31.5%. The growth in the historic period can be attributed to market competition and differentiation, mobile wallet adoption, retail industry evolution, consumer demand for convenience, regulatory changes.

Virtual Payment (POS) Terminals Market Growth Forecast

The virtual payment (POS) terminals market size is expected to see exponential growth in the next few years. It will grow to $79.1 billion in 2029 at a compound annual growth rate (CAGR) of 35.5%. The growth in the forecast period can be attributed to rapid technological adaptation, environmental concerns and sustainability, subscription-based models and service enhancements, globalization and cross-border transactions, security and compliance measures. Major trends in the forecast period include partnerships and integrations, subscription and service-based models, globalization and cross-border payments, evolving technology, product innovations.

Virtual Payment (POS) Terminals Market Driver: Rising Digital Payment Prevalence Drives Growth Of Virtual Payment (POS) Terminals Market

The increasing prevalence of digital payment methods is driving the virtual payment (POS) terminals market. The digital revolution has increased access to and use of financial services globally, changing how people send and receive payments, borrow money, and save money. In addition to the global spread of formal financial institutions, the COVID-19 epidemic has sparked financial inclusion and led to a significant rise in digital payments. Virtual payment (POS) terminals aid digital payments and manage the payments over the phone, through the mail, fax, email, or in person. For instance, in 2022, according to McKinsey’s Digital Payments Consumer Survey, digital payments grew by 12% during 2022-2023 period. Thus, the increase in digital payments is expected to boost demand for virtual payment (POS) terminals during the forecast period.

Virtual Payment (POS) Terminals Market Driver: Increasing Restaurant Demand Boosts Growth Of Restaurant POS Terminal Market

Growing demand for restaurants is expected to propel the growth of the restaurant POS terminal market going forward. A restaurant is a business establishment where meals or refreshments may be purchased and consumed. A virtual payment (POS) terminal plays a crucial role in the restaurant sector by providing a computerized system that simplifies bookkeeping and tracks food inventory, cash flow, and sales. It is a mandatory requirement for restaurants, as a high volume of both cash and credit cards passes through the restaurant every day. For instance, in October 2023, according to the National Restaurant Association, a US-based restaurant industry business association, it is projected that the sales of the restaurant industry will hit $899 billion in 2023. Therefore, the growing demand for restaurants is driving the growth of the restaurant POS terminal market.

Global Virtual Payment (POS) Terminals Market Major Players

Major companies operating in the virtual payment (POS) terminals market include Castles Technology Co. Ltd., Diebold Nixdorf Incorporated, NCR Corporation, Panasonic Corporation, PAX Technology Limited, Square Inc., Stripe Inc., Adyen N. V., Global Payments Inc., First Data Corporation, Verifone Systems Inc., Ingenico Group SA, Fujian Newland Payment Technology Co Ltd., BBPOS Limited, BitPay Inc., Shift4 Payments LLC, PayU Group, Paytm Mobile Solutions Private Limited, Mswipe Technologies Private Limited, Payzone UK Limited, InovioPay LLC, Amazon. com Inc., VeriFone Inc., iZettle AB, SumUp Inc., Shopify Inc., Lightspeed POS Inc., Revel Systems Inc.

Global Virtual Payment (POS) Terminals Market Trend: Biometric Payment Advances In Virtual POS Terminals Market

Technological Advancement is a key trend gaining popularity in the virtual payment (POS) terminals market. The biometric payment system is a technology that is being widely used for virtual payment (POS) terminals. Biometric payment is a point-of-sale (POS) technology that identifies users and authorizes withdrawals from bank accounts using physical characteristics-based biometric authentication. In May 2022, Mastercard, a global payments & technology company, launched a Biometric Checkout Program. The Biometric Checkout Program participants allow customers to easily sign up for their biometric checkout services in-store or at home via a merchant or identity provider app. Once enrolled, there is no need to make the checkout line slower by digging around in their luggage or pockets. Customers only need to verify the bill, smile for the camera, or wave their palms over the reader to make a payment. The new technology gives customers the freedom to choose their preferred payment method while ensuring a quick and safe checkout experience.

Global Virtual Payment (POS) Terminals Market Trend: Advancing Restaurant POS With Mobile Solutions

Major companies operating in the virtual payment (POS) terminals market are focused on introducing advanced mobile restaurant POS solutions to gain a competitive edge in the market. A mobile restaurant POS platform is a software system that enables restaurant owners to accept payments on the go using their own tablets or smartphones. For instance, in May 2022, Square, a US-based financial services platform, launched the Mobile Restaurant POS Platform that provides a virtual payment (POS) terminal for restaurants. With the capacity of its all-in-one restaurant point of service (POS), the new Square for Restaurants mobile POS gives servers easier order-taking capabilities. According to the site, establishments using Square for restaurants have had greater success managing large numbers of tables.

Virtual Payment (POS) Terminals Market Merger And Acquisition: PNC Enhances Restaurant and Hotel Services With Linga POS Acquisition

In September 2022, PNC Financial Services Group Inc. acquired Linga POS LLC for an undisclosed amount. This acquisition will improve PNC's ability to service its clients in the hotel and restaurant industries by expanding the bank's digital resources. Linga POS LLC is a virtual payment (POS) terminal company that offers a cloud-based, platform-as-a-service solution for the hospitality industry.

Regional Outlook For The Global Virtual Payment (POS) Terminals Market

North America was the largest region in the virtual payment (POS) terminals market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual payment (POS) terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the virtual payment (POS) terminals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

What Defines the Virtual Payment (POS) Terminals Market?

The virtual payment (POS) terminals market consists of revenues earned by entities by providing online POS, cloud-based POS and desktop POS. 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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Virtual Payment (POS) Terminals Industry?

The virtual payment (POS) terminals market research report is one of a series of new reports from The Business Research Company that provides virtual payment (POS) terminals market statistics, including virtual payment (POS) terminals industry global market size, regional shares, competitors with a virtual payment (POS) terminals market share, detailed virtual payment (POS) terminals market segments, market trends and opportunities, and any further data you may need to thrive in the virtual payment (POS) terminals industry. This virtual payment (POS) terminals 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.

Virtual Payment (POS) Terminals Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $23.48 billion
Revenue Forecast In 2034 $79.1 billion
Growth Rate CAGR of 35.5% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Solution: Software Platform, Professional Services
2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries Subsegments: 1) By Software Platform: Payment Processing Software, Integration Software, Security Software
2) By Professional Services: Consulting Services, Implementation Services, Support And Maintenance Services
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Castles Technology Co. Ltd., Diebold Nixdorf Incorporated, NCR Corporation, Panasonic Corporation, PAX Technology Limited, Square Inc., Stripe Inc., Adyen N. V., Global Payments Inc., First Data Corporation, Verifone Systems Inc., Ingenico Group SA, Fujian Newland Payment Technology Co Ltd., BBPOS Limited, BitPay Inc., Shift4 Payments LLC, PayU Group, Paytm Mobile Solutions Private Limited, Mswipe Technologies Private Limited, Payzone UK Limited, InovioPay LLC, Amazon. com Inc., VeriFone Inc., iZettle AB, SumUp Inc., Shopify Inc., Lightspeed POS Inc., Revel Systems Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Virtual Payment (POS) Terminals Market Characteristics

    3. Virtual Payment (POS) Terminals Market Trends And Strategies

    4. Virtual Payment (POS) Terminals Market- Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Virtual Payment (POS) Terminals Growth Analysis And Strategic Analysis Framework

    5.1. Global Virtual Payment (POS) Terminals PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Virtual Payment (POS) Terminals Market Growth Rate Analysis

    5.4. Global Virtual Payment (POS) Terminals Historic Market Size and Growth, 2019- 2024, Value ($ Billion)

    5.5. Global Virtual Payment (POS) Terminals Forecast Market Size and Growth, 2024- 2029, 2034F, Value ($ Billion)

    5.6. Global Virtual Payment (POS) Terminals Total Addressable Market (TAM)

    6. Virtual Payment (POS) Terminals Market Segmentation

    6.1. Global Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Software Platform

    Professional Services

    6.2. Global Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Retail

    Warehouse

    Hospitality

    Consumer Electronics

    Food and Beverages

    Healthcare

    Entertainment

    Other Industries

    6.3. Global Virtual Payment (POS) Terminals Market, Sub-Segmentation Of Software Platform, By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Payment Processing Software

    Integration Software

    Security Software

    6.4. Global Virtual Payment (POS) Terminals Market, Sub-Segmentation Of Professional Services, By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Consulting Services

    Implementation Services

    Support And Maintenance Services

    7. Virtual Payment (POS) Terminals Market Regional And Country Analysis

    7.1. Global Virtual Payment (POS) Terminals Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Virtual Payment (POS) Terminals Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Virtual Payment (POS) Terminals Market

    8.1. Asia-Pacific Virtual Payment (POS) Terminals 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 Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Virtual Payment (POS) Terminals Market

    9.1. China Virtual Payment (POS) Terminals Market Overview

    9.2. China Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Virtual Payment (POS) Terminals Market

    10.1. India Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Virtual Payment (POS) Terminals Market

    11.1. Japan Virtual Payment (POS) Terminals Market Overview

    11.2. Japan Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Virtual Payment (POS) Terminals Market

    12.1. Australia Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Virtual Payment (POS) Terminals Market

    13.1. Indonesia Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Virtual Payment (POS) Terminals Market

    14.1. South Korea Virtual Payment (POS) Terminals Market Overview

    14.2. South Korea Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Virtual Payment (POS) Terminals Market

    15.1. Western Europe Virtual Payment (POS) Terminals Market Overview

    15.2. Western Europe Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Virtual Payment (POS) Terminals Market

    16.1. UK Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Virtual Payment (POS) Terminals Market

    17.1. Germany Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Virtual Payment (POS) Terminals Market

    18.1. France Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Virtual Payment (POS) Terminals Market

    19.1. Italy Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Virtual Payment (POS) Terminals Market

    20.1. Spain Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Virtual Payment (POS) Terminals Market

    21.1. Eastern Europe Virtual Payment (POS) Terminals Market Overview

    21.2. Eastern Europe Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Virtual Payment (POS) Terminals Market

    22.1. Russia Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Virtual Payment (POS) Terminals Market

    23.1. North America Virtual Payment (POS) Terminals Market Overview

    23.2. North America Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Virtual Payment (POS) Terminals Market

    24.1. USA Virtual Payment (POS) Terminals Market Overview

    24.2. USA Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Virtual Payment (POS) Terminals Market

    25.1. Canada Virtual Payment (POS) Terminals Market Overview

    25.2. Canada Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Virtual Payment (POS) Terminals Market

    26.1. South America Virtual Payment (POS) Terminals Market Overview

    26.2. South America Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Virtual Payment (POS) Terminals Market

    27.1. Brazil Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Virtual Payment (POS) Terminals Market

    28.1. Middle East Virtual Payment (POS) Terminals Market Overview

    28.2. Middle East Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Virtual Payment (POS) Terminals Market

    29.1. Africa Virtual Payment (POS) Terminals Market Overview

    29.2. Africa Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Virtual Payment (POS) Terminals Market Competitive Landscape And Company Profiles

    30.1. Virtual Payment (POS) Terminals Market Competitive Landscape

    30.2. Virtual Payment (POS) Terminals Market Company Profiles

    30.2.1. Castles Technology Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Diebold Nixdorf Incorporated Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. NCR Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Panasonic Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. PAX Technology Limited Overview, Products and Services, Strategy and Financial Analysis

    31. Virtual Payment (POS) Terminals Market Other Major And Innovative Companies

    31.1. Square Inc.

    31.2. Stripe Inc.

    31.3. Adyen N. V.

    31.4. Global Payments Inc.

    31.5. First Data Corporation

    31.6. Verifone Systems Inc.

    31.7. Ingenico Group SA

    31.8. Fujian Newland Payment Technology Co Ltd.

    31.9. BBPOS Limited

    31.10. BitPay Inc.

    31.11. Shift4 Payments LLC

    31.12. PayU Group

    31.13. Paytm Mobile Solutions Private Limited

    31.14. Mswipe Technologies Private Limited

    31.15. Payzone UK Limited

    32. Global Virtual Payment (POS) Terminals Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Virtual Payment (POS) Terminals Market

    34. Recent Developments In The Virtual Payment (POS) Terminals Market

    35. Virtual Payment (POS) Terminals Market High Potential Countries, Segments and Strategies

    35.1 Virtual Payment (POS) Terminals Market In 2029- Countries Offering Most New Opportunities

    35.2 Virtual Payment (POS) Terminals Market In 2029- Segments Offering Most New Opportunities

    35.3 Virtual Payment (POS) Terminals 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. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Virtual Payment (POS) Terminals Market, Sub-Segmentation Of Software Platform, By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Virtual Payment (POS) Terminals Market, Sub-Segmentation Of Professional Services, By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Virtual Payment (POS) Terminals Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Virtual Payment (POS) Terminals Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: China, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: China, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: India, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: India, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Japan, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Japan, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Australia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: Australia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: South Korea, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: South Korea, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: UK, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: UK, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Germany, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Germany, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: France, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: France, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Italy, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Italy, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Spain, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Spain, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Russia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Russia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: North America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: North America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: USA, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: USA, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Canada, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Canada, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: South America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: South America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Brazil, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Brazil, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Middle East, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Middle East, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Africa, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Africa, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Castles Technology Co. Ltd. Financial Performance
  • Table 54: Diebold Nixdorf Incorporated Financial Performance
  • Table 55: NCR Corporation Financial Performance
  • Table 56: Panasonic Corporation Financial Performance
  • Table 57: PAX Technology Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Virtual Payment (POS) Terminals Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Virtual Payment (POS) Terminals Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Virtual Payment (POS) Terminals Market, Sub-Segmentation Of Software Platform, By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Virtual Payment (POS) Terminals Market, Sub-Segmentation Of Professional Services, By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Virtual Payment (POS) Terminals Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Virtual Payment (POS) Terminals Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Asia-Pacific, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: China, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: China, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: India, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: India, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Japan, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Japan, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Australia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: Australia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Indonesia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: South Korea, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: South Korea, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Western Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: UK, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: UK, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Germany, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Germany, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: France, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: France, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Italy, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Italy, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Spain, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Spain, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Eastern Europe, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Russia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Russia, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: North America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: North America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: USA, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: USA, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Canada, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Canada, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: South America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: South America, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Brazil, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Brazil, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Middle East, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Middle East, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Africa, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Africa, Virtual Payment (POS) Terminals Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Castles Technology Co. Ltd. Financial Performance
  • Figure 54: Diebold Nixdorf Incorporated Financial Performance
  • Figure 55: NCR Corporation Financial Performance
  • Figure 56: Panasonic Corporation Financial Performance
  • Figure 57: PAX Technology Limited Financial Performance
View Report
View Report
View Report
View Report
View Report
View Report
View Report
View Report

Frequently Asked Questions

What is the definition of the virtual payment (POS) terminals market?

The virtual payment (POS) terminals refer to a web-based application that enables to manage the electronic payments over the phone, through the mail, fax, email, or in person. Virtual terminals utilize non-physical software programs yet function similarly to a physical card reader. The customers insert or tap their card into a physical card reader and enter their PIN to confirm the transaction with the machine. After then, the transaction is processed automatically. For further insights on the virtual payment (POS) terminals market, request a sample here

How will the virtual payment (POS) terminals market drivers and restraints affect the virtual payment (POS) terminals market dynamics? What forces will shape the virtual payment (POS) terminals industry going forward?

The virtual payment (POS) terminals market major growth driver - Rising Digital Payment Prevalence Drives Growth Of Virtual Payment (POS) Terminals Market. For further insights on the virtual payment (POS) terminals market, request a sample here

What is the forecast market size or the forecast market value of the virtual payment (POS) terminals market?

The virtual payment (POS) terminals market size has grown exponentially in recent years. It will grow from $17.85 billion in 2024 to $23.48 billion in 2025 at a compound annual growth rate (CAGR) of 31.5%. The growth in the historic period can be attributed to market competition and differentiation, mobile wallet adoption, retail industry evolution, consumer demand for convenience, regulatory changes. The virtual payment (POS) terminals market size is expected to see exponential growth in the next few years. It will grow to $79.1 billion in 2029 at a compound annual growth rate (CAGR) of 35.5%. The growth in the forecast period can be attributed to rapid technological adaptation, environmental concerns and sustainability, subscription-based models and service enhancements, globalization and cross-border transactions, security and compliance measures. Major trends in the forecast period include partnerships and integrations, subscription and service-based models, globalization and cross-border payments, evolving technology, product innovations. For further insights on the virtual payment (POS) terminals market, request a sample here

How is the virtual payment (POS) terminals market segmented?

The virtual payment (POS) terminals market is segmented
1) By Solution: Software Platform, Professional Services
2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries Subsegments:
1) By Software Platform: Payment Processing Software, Integration Software, Security Software
2) By Professional Services: Consulting Services, Implementation Services, Support And Maintenance Services For further insights on the virtual payment (POS) terminals market,
request a sample here

Which region has the largest share of the virtual payment (POS) terminals market? What are the other regions covered in the report?

North America was the largest region in the virtual payment (POS) terminals market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual payment (POS) terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the virtual payment (POS) terminals market, request a sample here.

Who are the major players in the virtual payment (POS) terminals market?

Major companies operating in the virtual payment (POS) terminals market include Castles Technology Co. Ltd., Diebold Nixdorf Incorporated, NCR Corporation, Panasonic Corporation, PAX Technology Limited, Square Inc., Stripe Inc., Adyen N. V., Global Payments Inc., First Data Corporation, Verifone Systems Inc., Ingenico Group SA, Fujian Newland Payment Technology Co Ltd., BBPOS Limited, BitPay Inc., Shift4 Payments LLC, PayU Group, Paytm Mobile Solutions Private Limited, Mswipe Technologies Private Limited, Payzone UK Limited, InovioPay LLC, Amazon. com Inc., VeriFone Inc., iZettle AB, SumUp Inc., Shopify Inc., Lightspeed POS Inc., Revel Systems Inc. For further insights on the virtual payment (POS) terminals market, request a sample here.

What are the key trends in the virtual payment (POS) terminals market?

Major trend in the virtual payment (POS) terminals market - Biometric Payment Advances In Virtual Pos Terminals Market. For further insights on the virtual payment (POS) terminals market, request a sample here.

What are the major opportunities in the virtual payment (POS) terminals market? What are the strategies for the virtual payment (POS) terminals market?

For detailed insights on the major opportunities and strategies in the virtual payment (POS) terminals market, request a sample here.

How does the virtual payment (POS) terminals market relate to the overall economy and other similar markets?

For detailed insights on virtual payment (POS) terminals market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the virtual payment (POS) terminals industry?

For detailed insights on the mergers and acquisitions in the virtual payment (POS) terminals industry, request a sample here.

What are the key dynamics influencing the virtual payment (POS) terminals market growth? SWOT analysis of the virtual payment (POS) terminals market.

For detailed insights on the key dynamics influencing the virtual payment (POS) terminals market growth and SWOT analysis of the virtual payment (POS) terminals industry, request a sample here.