Customer uptake of digitalization strategy, rapid EMV adoption alongside alternative payment options will drive the Outdoor Payment Terminal Market in New Zealand: Ken Research USA – English – USA – PR Newswire

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GURUGRAM, India, July 27, 2022 /PRNewswire/ — 
New Zealand Outdoor Payment Terminal Market Research Report
Rising Adoption of New Technologies: Ground breaking technology such as artificial intelligence (AI), internet of things (IoT) and digital platforms will continue to open up completely new possibilities, enabling entirely new approaches to paying. Increasing adoption of contactless or near-field communications (NFC) technology for credit card payment and next gen payment options in RFID and smartphone devices that support mobile-pay applications through digital scanners are expected to revolutionize the payment solutions in coming years.
Outdoor Payment Terminal Market Pipeline: Major Outdoor payment terminals operators are exploring the market, players like Gilbarco Veeder-Root, Ingenico, Invenco and more will focus on adopting growth strategies such as partnerships, mergers & acquisitions, and new product development to further expand their global market presence.
Government Initiatives toward EV Infrastructure: In the transition to zero-emission, the Government of New Zealand has set federal targets for zero-emission vehicles to reach 35% of annual new vehicle sales by 2025; and 100% by 2050. New Zealand is ideally positioned to gain from electric cars since more than 80% of power is generated from renewable sources, and there is sufficient supply to support broad adoption of EVs. With clean fuel infrastructure policies and competitive tax policies, New Zealand is expected to see rise in fuel stations across the country over the few years in future.
The report "New Zealand Outdoor Payment Terminal Market Outlook to 2025F – Driven by Increasing Penetration of Electric Vehicle Charging Infrastructure and Growing Adoption of OPTs Among the Consumers" by Ken Research provides a comprehensive analysis of the potential of Outdoor Payment Terminal Industry in New Zealand. The report also covers overview and genesis of the industry, market size in terms of installed base of OPTs; Adoption rate of OPTs on the basis of consumer behavior; growth enablers and drivers, challenges and bottlenecks, Industry disruption technologies; regulatory framework; product comparison of different OPT brands, market shares of major OPT providers on the basis of installed base of OPTs. The report concludes with long term outlook Assessing the growth in Petroleum and Convenience Retail and EV Charging Stations.
Key Segments Covered:-
New Zealand Outdoor Payment Market Sizing Analysis:
Key Target Audience:-
Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDQ0
Time Period Captured in the Report:-
Companies Covered:-
OPT Providers
Key Topics Covered in the Report:-
For more information refer to this link:-
New Zealand Outdoor Payment Terminal Market
Related Reports:-
USA Outdoor Payment Terminal Market Outlook to 2025F – Driven By Driven by Emerging Technologies like AI and ML for Faster Transactions and Government Support towards Digital Economy
USA Outdoor Payment Terminal market is growing at a steady rate over the past few years, supported by increase in population in the country along with the rising popularity of electric vehicles and government initiatives such as carbon free economy and EMV compliance law. Increasing adoption of contactless or near-field communications (NFC) technology for credit card payment along with groundbreaking technologies such as artificial intelligence (AI), internet of things (IoT) and other digital platforms are opening new possibilities in the market.
USA Outdoor Payment Terminal market is moderately concentrated market with Gilbarco Veeder-Root and Wayne Fueling System as the market leaders owing to the high market share on the basis of installed base of OPTs; followed by other OPT providers such as NCR corporation, IDTECH and Invenco in the market. Advanced retrofit POS system, 5G-enabled devices and other new payment modes are expected to drive the USA Outdoor Payment Terminal market in near future.
Canada Outdoor Payment Terminal Market Outlook to 2025F – Driven by Rising Tech Adoption and Next Generation Payments along with Government Support
Canada Outdoor Payment Terminal market is growing at a steady rate over the past few years, supported by increase in population in the country along with the rising popularity of electric vehicles and government initiatives such as zero emission vehicles and EMV compliance law. Increasing adoption of contactless or near-field communications (NFC) technology for credit card payment along with groundbreaking technologies such as artificial intelligence (AI), internet of things (IoT) and other digital platforms are opening new possibilities in the market.
Canada Outdoor Payment Terminal market is moderately concentrated market with Gilbarco Veeder-Root and Wayne Fueling System as the market leaders owing to the high market share on the basis of installed base of OPTs; followed by other OPT providers such as Verifone, Ingenico and Invenco in the market. Advanced retrofit POS system, 5G-enabled devices and other new payment modes are expected to drive the Canada Outdoor Payment Terminal market in near future.
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