North America Outdoor Payment Terminal Market Size, Share & Industry Trends Analysis Report By Application (Refuel, Carwash, Malls and Others), By Type (Contact-based, and Contactless), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Outdoor Payment Terminal Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
An employee of the merchant is in charge of overseeing transactions at terminals that accept payments. A terminal that sells railway or metro tickets and is unattended is the most common type of unattended terminal. For instance, machines that sell rail tickets at airports accept foreign credit cards as there is a number of foreigners there. At the same time, customers would typically receive a decline if they attempt to use a foreign card at an unmanned kiosk in a metro station.
However, if the same card is used with an attended terminal, they are more likely to succeed because risk parameters are set up when using an attended terminal. It is a device that interfaces with payment cards to enable electronic financial transfers. It is also known as a point of sale, or POS, terminal, credit card terminal, and EFTPOS terminal. A secure keypad for inputting PINs, a screen, a device for reading data from credit and debit cards, and a network connection are the usual components of a terminal. The terminal can also access the payment platform for authorization.
The United States government is increasingly expanding its focus on reducing carbon emissions, which led to the launch of the 2021 Long-Term Strategy. The United States' ultimate objective of net-zero emissions by 2050 is laid out in this 2021 Long-Term Strategy, which is the next phase. To keep the 1.5°C global temperature rise limit within reach and avoid intolerable climate change impacts and hazards, the United States along with other regional countries must achieve net-zero emissions.
The US market dominated the North America Outdoor Payment Terminal Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $550.5 Million by 2028. The Canada market is poised to grow at a CAGR of 10.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.9% during (2022 - 2028).
Based on Application, the market is segmented into Refuel, Carwash, Malls and Others. Based on Type, the market is segmented into Contact-based, and Contactless. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., NCR Corporation, Temenos AG, VeriFone Holdings, Inc. (Francisco Partners), Capgemini SE, Scheidt & Bachmann GmbH, Finastra Group Holdings Limited (Vista Equity Partners), Dover Fueling Solutions (Dover Corporation), Invenco Group Ltd., and Gilbarco, Inc. (Fortive Corporation).
Scope of the Study
Market Segments Covered in the Report:
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- NCR Corporation
- Temenos AG
- VeriFone Holdings, Inc. (Francisco Partners)
- Capgemini SE
- Scheidt & Bachmann GmbH
- Finastra Group Holdings Limited (Vista Equity Partners)
- Dover Fueling Solutions (Dover Corporation)
- Invenco Group Ltd.
- Gilbarco, Inc. (Fortive Corporation)
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