| Product Code: ETC9379280 | 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 |
South Africa`s import momentum for contactless payment terminals market saw a notable uptick from 2023 to 2024, with a growth rate of 20.27%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 18.29%. This surge in imports can be attributed to the increasing consumer demand for convenient and secure payment methods, driving the need for advanced contactless payment solutions in the market.
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 South Africa Contactless Payment Terminals Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Contactless Payment Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 South Africa Contactless Payment Terminals Market - Industry Life Cycle |
3.4 South Africa Contactless Payment Terminals Market - Porter's Five Forces |
3.5 South Africa Contactless Payment Terminals Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 South Africa Contactless Payment Terminals Market Revenues & Volume Share, By Payment Method, 2021 & 2031F |
3.7 South Africa Contactless Payment Terminals Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.8 South Africa Contactless Payment Terminals Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 South Africa Contactless Payment Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and mobile payment solutions in South Africa |
4.2.2 Growing preference for contactless payments due to convenience and speed |
4.2.3 Government initiatives to promote digital payments and financial inclusion |
4.3 Market Restraints |
4.3.1 Limited merchant acceptance of contactless payment terminals in certain regions |
4.3.2 Concerns over security and data privacy issues related to contactless payments |
4.3.3 High initial setup costs for businesses to implement contactless payment solutions |
5 South Africa Contactless Payment Terminals Market Trends |
6 South Africa Contactless Payment Terminals Market, By Types |
6.1 South Africa Contactless Payment Terminals Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 South Africa Contactless Payment Terminals Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 South Africa Contactless Payment Terminals Market Revenues & Volume, By Bluetooth, 2021- 2031F |
6.1.4 South Africa Contactless Payment Terminals Market Revenues & Volume, By Infrared, 2021- 2031F |
6.1.5 South Africa Contactless Payment Terminals Market Revenues & Volume, By Carrier-based, 2021- 2031F |
6.1.6 South Africa Contactless Payment Terminals Market Revenues & Volume, By Wi-Fi, 2021- 2031F |
6.2 South Africa Contactless Payment Terminals Market, By Payment Method |
6.2.1 Overview and Analysis |
6.2.2 South Africa Contactless Payment Terminals Market Revenues & Volume, By Account-based, 2021- 2031F |
6.2.3 South Africa Contactless Payment Terminals Market Revenues & Volume, By Credit/Debit Card, 2021- 2031F |
6.2.4 South Africa Contactless Payment Terminals Market Revenues & Volume, By Stored Value, 2021- 2031F |
6.2.5 South Africa Contactless Payment Terminals Market Revenues & Volume, By Smart Card, 2021- 2031F |
6.3 South Africa Contactless Payment Terminals Market, By Device |
6.3.1 Overview and Analysis |
6.3.2 South Africa Contactless Payment Terminals Market Revenues & Volume, By Integrated POS, 2021- 2031F |
6.3.3 South Africa Contactless Payment Terminals Market Revenues & Volume, By mPOS, 2021- 2031F |
6.3.4 South Africa Contactless Payment Terminals Market Revenues & Volume, By PDA, 2021- 2031F |
6.3.5 South Africa Contactless Payment Terminals Market Revenues & Volume, By Unattended Terminal, 2021- 2031F |
6.3.6 South Africa Contactless Payment Terminals Market Revenues & Volume, By Contactless Reader, 2021- 2031F |
6.4 South Africa Contactless Payment Terminals Market, By End-user Industry |
6.4.1 Overview and Analysis |
6.4.2 South Africa Contactless Payment Terminals Market Revenues & Volume, By Retail, 2021- 2031F |
6.4.3 South Africa Contactless Payment Terminals Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.4 South Africa Contactless Payment Terminals Market Revenues & Volume, By Banking, 2021- 2031F |
6.4.5 South Africa Contactless Payment Terminals Market Revenues & Volume, By Government, 2021- 2031F |
6.4.6 South Africa Contactless Payment Terminals Market Revenues & Volume, By Healthcare, 2021- 2031F |
7 South Africa Contactless Payment Terminals Market Import-Export Trade Statistics |
7.1 South Africa Contactless Payment Terminals Market Export to Major Countries |
7.2 South Africa Contactless Payment Terminals Market Imports from Major Countries |
8 South Africa Contactless Payment Terminals Market Key Performance Indicators |
8.1 Number of new contactless payment terminals deployed in South Africa |
8.2 Transaction volume processed through contactless payment terminals |
8.3 Growth in the number of contactless payment transactions compared to traditional payment methods |
8.4 Customer satisfaction and adoption rates of contactless payment solutions |
8.5 Percentage increase in the usage of contactless payment terminals in different industry sectors |
9 South Africa Contactless Payment Terminals Market - Opportunity Assessment |
9.1 South Africa Contactless Payment Terminals Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 South Africa Contactless Payment Terminals Market Opportunity Assessment, By Payment Method, 2021 & 2031F |
9.3 South Africa Contactless Payment Terminals Market Opportunity Assessment, By Device, 2021 & 2031F |
9.4 South Africa Contactless Payment Terminals Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 South Africa Contactless Payment Terminals Market - Competitive Landscape |
10.1 South Africa Contactless Payment Terminals Market Revenue Share, By Companies, 2024 |
10.2 South Africa Contactless Payment Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |