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(IT-NEWSWIRE.COM, March 03, 2017 ) Global Mobile Card Reader market report shares information regarding key drivers, challenges and trends with impact analysis. Quantitative analysis of the current market and estimations through 20172021 are provided to showcase the financial appetency of the Mobile Card Reader industry.
Experts forecast Global Mobile Card Reader Market is expected to grow at 53.94% CAGR during the period 2017-2021.
A mobile card reader is a device capable of reading credit and debit cards with magnetic stripes, chip and PIN, or NFC technologies. A mobile card reader has a 3.5 mm pin that is used to connect it to a mobile device through an audio jack. Some mobile card readers can also connect wirelessly using Bluetooth or NFC technologies.
Mobile Card Reader Market Report Covered:
Opportunity of the Mobile Card Reader market Market research methodology Market landscape Market segmentation by type Geographical segmentation Market drivers Market challenges Market trends Mobile Card Reader Market Vendors landscape List of Exhibits And continued
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Mobile Card Reader Market Drivers:
Growing number of MSMEs offer a large scalable customer base
Lower transaction costs
Growing dependence on plastic for transactions
Rise in e-commerce transactions
Mobile Card Reader Market Challenges:
Reaching out to potential customers
Longer transaction time using card readers
Growth of online transactions due to safety factor
Increase in the number of fraudulent activities with respect to cards
Software development and upgrading expenses
Mobile Card Reader Market Trends:
Shift in fraud liability policy
Adoption of contactless payment systems
Diversification of product portfolio by market vendors
Advent of magnetic secure transmission (MST) technology
Global Mobile Card Reader Market report delivers detailed study on the major drivers and restraints for the key players & their impact.
Key Vendors of Mobile Card Reader Market:
Electronic Merchant Systems (ems+)
eWAY
Ezetap
Ingenico
JUSP
LifePay
Mswipe
And many more
Mobile Card Reader market report provides key statistics on the market status of the Mobile Card Reader manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Mobile Card Reader industry.
Geographical Regions of Mobile Card Reader Market:
Americas
APAC
EMEA
Mobile Card Reader Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Mobile Card Reader industry.
Price of Report: $3500 (Single User License)
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Global Mobile Card Reader market report 2017-2021 explains in depth information about market development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Mobile Card Reader industry before evaluating its possibility.
About 360 Market Updates:
360 Market Sales Updates is the credible source for gaining the market research reports that will exponentially accelerate your business. We are among the leading report resellers in the business world committed towards optimizing your business. The reports we provide are based on a research that covers a magnitude of factors such as technological evolution, economic shifts and a detailed study of market segments.
360MarketUpdates
Ameya Pingaley
+1 408 520 9750
sales@absolutereports.com
Source: EmailWire.Com
Source: EmailWire.com
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