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Industry Insights
The point of sales market has observed significant development in past few years due to easiness of
using and enhanced profits on investments that are given through systems. The advanced point of Sale
terminals provide reliability and high durability as compared to what conventional system like cash
registers delivers; it has its outcome in important manner by decreasing price in ownership, by this
means point of sales system market demand is growing in medium as well as small extent business.
The innovation and launch of personal identification number and chip-embedded payment cards has
witnessed high growth in the market. Electronic Funds Transfer terminals are able to sense both
magnetic stripe payment cards and smart cards. Rising requirement for smartphone terminals is
anticipated to lead the growth in the market. Necessity of complex and extensive list of government
oriented certifications and regulations are anticipated to restrict growth of the market.
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