| Product Code: ETC9227870 | Publication Date: Sep 2024 | Updated Date: Dec 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 Seychelles saw a significant rise in 2024, with top exporting countries being United Arab Emirates, China, United Kingdom, Singapore, and Hong Kong. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating strong dominance. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 25.39%, and the growth rate from 2023 to 2024 spiked at 29.62%, reflecting a booming market for contactless payment solutions in Seychelles.

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 Seychelles Contactless Payment Terminals Market Overview |
3.1 Seychelles Country Macro Economic Indicators |
3.2 Seychelles Contactless Payment Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 Seychelles Contactless Payment Terminals Market - Industry Life Cycle |
3.4 Seychelles Contactless Payment Terminals Market - Porter's Five Forces |
3.5 Seychelles Contactless Payment Terminals Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Seychelles Contactless Payment Terminals Market Revenues & Volume Share, By Payment Method, 2021 & 2031F |
3.7 Seychelles Contactless Payment Terminals Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.8 Seychelles Contactless Payment Terminals Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Seychelles Contactless Payment Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Seychelles |
4.2.2 Growing awareness about the benefits of contactless payments |
4.2.3 Government initiatives promoting cashless transactions |
4.3 Market Restraints |
4.3.1 Limited merchant acceptance of contactless payment terminals |
4.3.2 Concerns regarding data security and privacy |
4.3.3 Infrastructure challenges in deploying contactless payment solutions |
5 Seychelles Contactless Payment Terminals Market Trends |
6 Seychelles Contactless Payment Terminals Market, By Types |
6.1 Seychelles Contactless Payment Terminals Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.1.4 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Infrared, 2021- 2031F |
6.1.5 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Carrier-based, 2021- 2031F |
6.1.6 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.2 Seychelles Contactless Payment Terminals Market, By Payment Method |
6.2.1 Overview and Analysis |
6.2.2 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Account-based, 2021- 2031F |
6.2.3 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Credit/Debit Card, 2021- 2031F |
6.2.4 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Stored Value, 2021- 2031F |
6.2.5 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Smart Card, 2021- 2031F |
6.3 Seychelles Contactless Payment Terminals Market, By Device |
6.3.1 Overview and Analysis |
6.3.2 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Integrated POS, 2021- 2031F |
6.3.3 Seychelles Contactless Payment Terminals Market Revenues & Volume, By mPOS, 2021- 2031F |
6.3.4 Seychelles Contactless Payment Terminals Market Revenues & Volume, By PDA, 2021- 2031F |
6.3.5 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Unattended Terminal, 2021- 2031F |
6.3.6 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Contactless Reader, 2021- 2031F |
6.4 Seychelles Contactless Payment Terminals Market, By End-user Industry |
6.4.1 Overview and Analysis |
6.4.2 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Retail, 2021- 2031F |
6.4.3 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.4 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Banking, 2021- 2031F |
6.4.5 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Government, 2021- 2031F |
6.4.6 Seychelles Contactless Payment Terminals Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 Seychelles Contactless Payment Terminals Market Import-Export Trade Statistics |
7.1 Seychelles Contactless Payment Terminals Market Export to Major Countries |
7.2 Seychelles Contactless Payment Terminals Market Imports from Major Countries |
8 Seychelles Contactless Payment Terminals Market Key Performance Indicators |
8.1 Growth in the number of contactless payment transactions |
8.2 Expansion of contactless payment terminal network in Seychelles |
8.3 Increase in the average transaction value for contactless payments |
9 Seychelles Contactless Payment Terminals Market - Opportunity Assessment |
9.1 Seychelles Contactless Payment Terminals Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Seychelles Contactless Payment Terminals Market Opportunity Assessment, By Payment Method, 2021 & 2031F |
9.3 Seychelles Contactless Payment Terminals Market Opportunity Assessment, By Device, 2021 & 2031F |
9.4 Seychelles Contactless Payment Terminals Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Seychelles Contactless Payment Terminals Market - Competitive Landscape |
10.1 Seychelles Contactless Payment Terminals Market Revenue Share, By Companies, 2024 |
10.2 Seychelles Contactless Payment Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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