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PUBLISHER: KBV Research | PRODUCT CODE: 1173344

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PUBLISHER: KBV Research | PRODUCT CODE: 1173344

North America Face-swiping Payment Market Size, Share & Industry Trends Analysis Report By Type (Payment Equipment and Payment System), By Application, By Country and Growth Forecast, 2022 - 2028

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The North America Face-swiping Payment Market would witness market growth of 16.6% CAGR during the forecast period (2022-2028).

A payment terminal enables a merchant to record credit and debit card information, communicate this information to a merchant services provider or bank for authorization, and then receive payments. The terminal enables the merchant or their customer to swipe, insert, or hold a card close to the device to record the data.

Frequently, they are linked to point-of-sale systems so that payment amounts and confirmation of payment may be automatically sent to the retail administration system of the merchant. Terminals can also be utilized in standalone mode, in which the merchant enters the amount into the terminal before the consumer presents their card and PIN (PIN). The vast majority of card terminals send data over cellular network connections and Wi-Fi at present.

The terminals of the past interact via regular telephone lines and Ethernet connections. Some additionally have the capability of caching transactional data for transmission to the gateway processor when a link becomes available; the key disadvantage of this is that instant authorization is not accessible at the moment the card was accepted, which can result in unsuccessful payments. In distant regions and on flights, wireless terminals send card data over Bluetooth, Wi-Fi, cellular, or even satellite networks.

Over the past decade, Internet consumer sales have expanded much more than traditional retail sales. To improve business-to-business and business-to-consumer ties, the vast majority of Canadian retailers have adopted cellular technology and internet-based systems. Government organizations and manufacturing firms are also more likely to make purchases online, especially for recurring, modest transactions. Although approximately 94% of Canadians have access to dependable Internet connectivity, the majority of users dwell in the country's largest cities.

The US market dominated the North America Face-swiping Payment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,432.3 million by 2028. The Canada market is poised to grow at a CAGR of 18.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 18.5% during (2022 - 2028).

Based on Type, the market is segmented into Payment Equipment (POS Equipment and Kiosk) and Payment System. Based on Application, the market is segmented into Retail, Restaurant, Travel, and Others. 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 Ant Group (Alipay) (Alibaba Holding), NEC Corporation, Mastercard, Inc., PopID, Inc. (Cali Group), PayByFace B.V., VisionLabs (Mobile TeleSystems OJSC), SnapPay, Inc., CloudWalk Technology Co. Ltd., and PAX Global Technology Limited.

Scope of the Study

Market Segments covered in the Report:

By Type

  • Payment Equipment
    • POS Equipment
    • Kiosk
  • Payment System

By Application

  • Retail
  • Restaurant
  • Travel
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Companies Profiled

  • Ant Group (Alipay) (Alibaba Holding)
  • NEC Corporation
  • Mastercard, Inc.
  • PopID, Inc. (Cali Group)
  • PayByFace B.V.
  • VisionLabs (Mobile TeleSystems OJSC)
  • SnapPay, Inc.
  • CloudWalk Technology Co. Ltd.
  • PAX Global Technology Limited

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Face-swiping Payment Market, by Type
    • 1.4.2 North America Face-swiping Payment Market, by Application
    • 1.4.3 North America Face-swiping Payment Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition & Scenarios
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. North America Face-swiping Payment Market by Type

  • 3.1 North America Payment Equipment Market by Country
  • 3.2 North America Face-swiping Payment Market by Payment Equipment Type
    • 3.2.1 North America POS Equipment Market by Country
    • 3.2.2 North America Kiosk Market by Country
  • 3.3 North America Payment System Market by Country

Chapter 4. North America Face-swiping Payment Market by Application

  • 4.1 North America Retail Market by Country
  • 4.2 North America Restaurant Market by Country
  • 4.3 North America Travel Market by Country
  • 4.4 North America Others Market by Country

Chapter 5. North America Face-swiping Payment Market by Country

  • 5.1 US Face-swiping Payment Market
    • 5.1.1 US Face-swiping Payment Market by Type
      • 5.1.1.1 US Face-swiping Payment Market by Payment Equipment Type
    • 5.1.2 US Face-swiping Payment Market by Application
  • 5.2 Canada Face-swiping Payment Market
    • 5.2.1 Canada Face-swiping Payment Market by Type
      • 5.2.1.1 Canada Face-swiping Payment Market by Payment Equipment Type
    • 5.2.2 Canada Face-swiping Payment Market by Application
  • 5.3 Mexico Face-swiping Payment Market
    • 5.3.1 Mexico Face-swiping Payment Market by Type
      • 5.3.1.1 Mexico Face-swiping Payment Market by Payment Equipment Type
    • 5.3.2 Mexico Face-swiping Payment Market by Application
  • 5.4 Rest of North America Face-swiping Payment Market
    • 5.4.1 Rest of North America Face-swiping Payment Market by Type
      • 5.4.1.1 Rest of North America Face-swiping Payment Market by Payment Equipment Type
    • 5.4.2 Rest of North America Face-swiping Payment Market by Application

Chapter 6. Company Profiles

  • 6.1 Ant Group (Alipay) (Alibaba Holding)
    • 6.1.1 Company Overview
    • 6.1.2 Financial Analysis
    • 6.1.3 Segmental Analysis
    • 6.1.4 Recent strategies and developments:
      • 6.1.4.1 Product Launches and Product Expansions:
  • 6.2 NEC Corporation
    • 6.2.1 Company Overview
    • 6.2.2 Financial Analysis
    • 6.2.3 Segmental and Regional Analysis
    • 6.2.4 Research & Development Expenses
  • 6.3 Mastercard, Inc.
    • 6.3.1 Company Overview
    • 6.3.2 Financial Analysis
    • 6.3.3 Regional Analysis
    • 6.3.4 Recent strategies and developments:
      • 6.3.4.1 Partnerships, Collaborations, and Agreements:
      • 6.3.4.2 Product Launches and Product Expansions:
  • 6.4 PopID, Inc. (Cali Group)
    • 6.4.1 Company Overview
    • 6.4.2 Recent strategies and developments:
      • 6.4.2.1 Partnerships, Collaborations, and Agreements:
  • 6.5 PayByFace B.V.
    • 6.5.1 Company Overview
  • 6.6 VisionLabs (Mobile TeleSystems OJSC)
    • 6.6.1 Company Overview
  • 6.7 SnapPay, Inc.
    • 6.7.1 Company Overview
  • 6.8 CloudWalk Technology Co. Ltd.
    • 6.8.1 Company Overview
  • 6.9 PAX Global Technology Limited
    • 6.9.1 Company Overview

LIST OF TABLES

  • TABLE 1 North America Face-swiping Payment Market, 2018 - 2021, USD Million
  • TABLE 2 North America Face-swiping Payment Market, 2022 - 2028, USD Million
  • TABLE 3 North America Face-swiping Payment Market by Type, 2018 - 2021, USD Million
  • TABLE 4 North America Face-swiping Payment Market by Type, 2022 - 2028, USD Million
  • TABLE 5 North America Payment Equipment Market by Country, 2018 - 2021, USD Million
  • TABLE 6 North America Payment Equipment Market by Country, 2022 - 2028, USD Million
  • TABLE 7 North America Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
  • TABLE 8 North America Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
  • TABLE 9 North America POS Equipment Market by Country, 2018 - 2021, USD Million
  • TABLE 10 North America POS Equipment Market by Country, 2022 - 2028, USD Million
  • TABLE 11 North America Kiosk Market by Country, 2018 - 2021, USD Million
  • TABLE 12 North America Kiosk Market by Country, 2022 - 2028, USD Million
  • TABLE 13 North America Payment System Market by Country, 2018 - 2021, USD Million
  • TABLE 14 North America Payment System Market by Country, 2022 - 2028, USD Million
  • TABLE 15 North America Face-swiping Payment Market by Application, 2018 - 2021, USD Million
  • TABLE 16 North America Face-swiping Payment Market by Application, 2022 - 2028, USD Million
  • TABLE 17 North America Retail Market by Country, 2018 - 2021, USD Million
  • TABLE 18 North America Retail Market by Country, 2022 - 2028, USD Million
  • TABLE 19 North America Restaurant Market by Country, 2018 - 2021, USD Million
  • TABLE 20 North America Restaurant Market by Country, 2022 - 2028, USD Million
  • TABLE 21 North America Travel Market by Country, 2018 - 2021, USD Million
  • TABLE 22 North America Travel Market by Country, 2022 - 2028, USD Million
  • TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
  • TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
  • TABLE 25 North America Face-swiping Payment Market by Country, 2018 - 2021, USD Million
  • TABLE 26 North America Face-swiping Payment Market by Country, 2022 - 2028, USD Million
  • TABLE 27 US Face-swiping Payment Market, 2018 - 2021, USD Million
  • TABLE 28 US Face-swiping Payment Market, 2022 - 2028, USD Million
  • TABLE 29 US Face-swiping Payment Market by Type, 2018 - 2021, USD Million
  • TABLE 30 US Face-swiping Payment Market by Type, 2022 - 2028, USD Million
  • TABLE 31 US Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
  • TABLE 32 US Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
  • TABLE 33 US Face-swiping Payment Market by Application, 2018 - 2021, USD Million
  • TABLE 34 US Face-swiping Payment Market by Application, 2022 - 2028, USD Million
  • TABLE 35 Canada Face-swiping Payment Market, 2018 - 2021, USD Million
  • TABLE 36 Canada Face-swiping Payment Market, 2022 - 2028, USD Million
  • TABLE 37 Canada Face-swiping Payment Market by Type, 2018 - 2021, USD Million
  • TABLE 38 Canada Face-swiping Payment Market by Type, 2022 - 2028, USD Million
  • TABLE 39 Canada Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
  • TABLE 40 Canada Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
  • TABLE 41 Canada Face-swiping Payment Market by Application, 2018 - 2021, USD Million
  • TABLE 42 Canada Face-swiping Payment Market by Application, 2022 - 2028, USD Million
  • TABLE 43 Mexico Face-swiping Payment Market, 2018 - 2021, USD Million
  • TABLE 44 Mexico Face-swiping Payment Market, 2022 - 2028, USD Million
  • TABLE 45 Mexico Face-swiping Payment Market by Type, 2018 - 2021, USD Million
  • TABLE 46 Mexico Face-swiping Payment Market by Type, 2022 - 2028, USD Million
  • TABLE 47 Mexico Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
  • TABLE 48 Mexico Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
  • TABLE 49 Mexico Face-swiping Payment Market by Application, 2018 - 2021, USD Million
  • TABLE 50 Mexico Face-swiping Payment Market by Application, 2022 - 2028, USD Million
  • TABLE 51 Rest of North America Face-swiping Payment Market, 2018 - 2021, USD Million
  • TABLE 52 Rest of North America Face-swiping Payment Market, 2022 - 2028, USD Million
  • TABLE 53 Rest of North America Face-swiping Payment Market by Type, 2018 - 2021, USD Million
  • TABLE 54 Rest of North America Face-swiping Payment Market by Type, 2022 - 2028, USD Million
  • TABLE 55 Rest of North America Face-swiping Payment Market by Payment Equipment Type, 2018 - 2021, USD Million
  • TABLE 56 Rest of North America Face-swiping Payment Market by Payment Equipment Type, 2022 - 2028, USD Million
  • TABLE 57 Rest of North America Face-swiping Payment Market by Application, 2018 - 2021, USD Million
  • TABLE 58 Rest of North America Face-swiping Payment Market by Application, 2022 - 2028, USD Million
  • TABLE 59 Key Information - Ant Group
  • TABLE 60 KEY INFORMATION - NEC Corporation
  • TABLE 61 key Information - Mastercard, Inc.
  • TABLE 62 Key Information - PopID, Inc.
  • TABLE 63 Key Information - PayByFace B.V.
  • TABLE 64 Key Information - VisionLabs
  • TABLE 65 Key Information - SnapPay, Inc.
  • TABLE 66 Key Information - CloudWalk Technology Co. Ltd.
  • TABLE 67 Key Information - PAX Global Technology Limited

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 Recent strategies and developments: Mastercard, Inc.
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