| Product Code: ETC7064870 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of contactless payment terminals in El Salvador saw significant growth in 2024, with top exporting countries being China, Vietnam, USA, Thailand, and Mexico. The market remained highly concentrated, indicating strong competition among key players. The impressive Compound Annual Growth Rate (CAGR) of 21.15% from 2020 to 2024 and a growth rate of 25.69% in 2024 highlight the increasing demand for contactless payment solutions in El Salvador, signaling a promising market outlook for the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Contactless Payment Terminals Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Contactless Payment Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Contactless Payment Terminals Market - Industry Life Cycle |
3.4 El Salvador Contactless Payment Terminals Market - Porter's Five Forces |
3.5 El Salvador Contactless Payment Terminals Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 El Salvador Contactless Payment Terminals Market Revenues & Volume Share, By Payment Method, 2021 & 2031F |
3.7 El Salvador Contactless Payment Terminals Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.8 El Salvador Contactless Payment Terminals Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 El Salvador Contactless Payment Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in El Salvador |
4.2.2 Government initiatives promoting cashless transactions |
4.2.3 Growing demand for convenient and secure payment options |
4.3 Market Restraints |
4.3.1 Limited awareness and acceptance of contactless payment technology among consumers |
4.3.2 Infrastructure challenges for widespread implementation of contactless terminals |
4.3.3 Concerns over security and data privacy issues |
5 El Salvador Contactless Payment Terminals Market Trends |
6 El Salvador Contactless Payment Terminals Market, By Types |
6.1 El Salvador Contactless Payment Terminals Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.1.4 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Infrared, 2021- 2031F |
6.1.5 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Carrier-based, 2021- 2031F |
6.1.6 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.2 El Salvador Contactless Payment Terminals Market, By Payment Method |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Account-based, 2021- 2031F |
6.2.3 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Credit/Debit Card, 2021- 2031F |
6.2.4 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Stored Value, 2021- 2031F |
6.2.5 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Smart Card, 2021- 2031F |
6.3 El Salvador Contactless Payment Terminals Market, By Device |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Integrated POS, 2021- 2031F |
6.3.3 El Salvador Contactless Payment Terminals Market Revenues & Volume, By mPOS, 2021- 2031F |
6.3.4 El Salvador Contactless Payment Terminals Market Revenues & Volume, By PDA, 2021- 2031F |
6.3.5 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Unattended Terminal, 2021- 2031F |
6.3.6 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Contactless Reader, 2021- 2031F |
6.4 El Salvador Contactless Payment Terminals Market, By End-user Industry |
6.4.1 Overview and Analysis |
6.4.2 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Retail, 2021- 2031F |
6.4.3 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.4 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Banking, 2021- 2031F |
6.4.5 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Government, 2021- 2031F |
6.4.6 El Salvador Contactless Payment Terminals Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 El Salvador Contactless Payment Terminals Market Import-Export Trade Statistics |
7.1 El Salvador Contactless Payment Terminals Market Export to Major Countries |
7.2 El Salvador Contactless Payment Terminals Market Imports from Major Countries |
8 El Salvador Contactless Payment Terminals Market Key Performance Indicators |
8.1 Average transaction value per contactless payment terminal |
8.2 Percentage increase in the number of contactless transactions |
8.3 Average time taken for a merchant to adopt contactless payment technology |
9 El Salvador Contactless Payment Terminals Market - Opportunity Assessment |
9.1 El Salvador Contactless Payment Terminals Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 El Salvador Contactless Payment Terminals Market Opportunity Assessment, By Payment Method, 2021 & 2031F |
9.3 El Salvador Contactless Payment Terminals Market Opportunity Assessment, By Device, 2021 & 2031F |
9.4 El Salvador Contactless Payment Terminals Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 El Salvador Contactless Payment Terminals Market - Competitive Landscape |
10.1 El Salvador Contactless Payment Terminals Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Contactless Payment Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |