Product Code: ETC4450249 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 |
The wireless POS terminal market in South Africa is expanding as retailers and hospitality businesses embrace mobile payment solutions. The market growth is supported by advancements in NFC (Near Field Communication) and EMV (Europay, MasterCard, and Visa) technologies, enabling secure and convenient payment transactions.
The wireless POS terminal market in South Africa is witnessing growth due to the expanding retail sector and the shift towards cashless transactions. Businesses across various industries, including retail, hospitality, and healthcare, are adopting wireless POS terminals for their mobility, convenience, and ability to enhance customer service. The market is driven by technological advancements in mobile payment technologies, such as NFC and EMV standards, as well as the increasing demand for seamless and secure payment processing solutions.
In the wireless POS terminal market, challenges include high costs and connectivity issues. The cost of wireless POS terminals can be prohibitive for small and medium-sized businesses, limiting their ability to adopt these technologies. Additionally, unreliable connectivity, particularly in rural and remote areas, can affect the performance and reliability of wireless POS systems. Security concerns and the need for compliance with regulatory standards also pose significant challenges for market adoption.
In the wireless POS terminal market, government policies focus on promoting cashless transactions and financial inclusion. Regulations by the South African Reserve Bank and the Financial Sector Conduct Authority ensure that wireless POS terminals meet security standards to protect consumer data. Initiatives to expand digital payment infrastructure, especially in rural and underserved areas, are supported through subsidies and partnerships with financial institutions.
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 Wireless POS Terminal Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Wireless POS Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 South Africa Wireless POS Terminal Market - Industry Life Cycle |
3.4 South Africa Wireless POS Terminal Market - Porter's Five Forces |
3.5 South Africa Wireless POS Terminal Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 South Africa Wireless POS Terminal Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 South Africa Wireless POS Terminal Market Revenues & Volume Share, By Industry , 2021 & 2031F |
4 South Africa Wireless POS Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Wireless POS Terminal Market Trends |
6 South Africa Wireless POS Terminal Market, By Types |
6.1 South Africa Wireless POS Terminal Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 South Africa Wireless POS Terminal Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 South Africa Wireless POS Terminal Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 South Africa Wireless POS Terminal Market Revenues & Volume, By POS Software & Services, 2021-2031F |
6.2 South Africa Wireless POS Terminal Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 South Africa Wireless POS Terminal Market Revenues & Volume, By Portable Countertop & PIN Pad, 2021-2031F |
6.2.3 South Africa Wireless POS Terminal Market Revenues & Volume, By mPOS, 2021-2031F |
6.2.4 South Africa Wireless POS Terminal Market Revenues & Volume, By Smart POS, 2021-2031F |
6.2.5 South Africa Wireless POS Terminal Market Revenues & Volume, By Other, 2021-2031F |
6.3 South Africa Wireless POS Terminal Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 South Africa Wireless POS Terminal Market Revenues & Volume, By Retail, 2021-2031F |
6.3.3 South Africa Wireless POS Terminal Market Revenues & Volume, By Hospitality, 2021-2031F |
6.3.4 South Africa Wireless POS Terminal Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.5 South Africa Wireless POS Terminal Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 South Africa Wireless POS Terminal Market Revenues & Volume, By Sports & Entertainment, 2021-2031F |
6.3.7 South Africa Wireless POS Terminal Market Revenues & Volume, By Other Industries, 2021-2031F |
7 South Africa Wireless POS Terminal Market Import-Export Trade Statistics |
7.1 South Africa Wireless POS Terminal Market Export to Major Countries |
7.2 South Africa Wireless POS Terminal Market Imports from Major Countries |
8 South Africa Wireless POS Terminal Market Key Performance Indicators |
9 South Africa Wireless POS Terminal Market - Opportunity Assessment |
9.1 South Africa Wireless POS Terminal Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 South Africa Wireless POS Terminal Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 South Africa Wireless POS Terminal Market Opportunity Assessment, By Industry , 2021 & 2031F |
10 South Africa Wireless POS Terminal Market - Competitive Landscape |
10.1 South Africa Wireless POS Terminal Market Revenue Share, By Companies, 2024 |
10.2 South Africa Wireless POS Terminal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |