Global Mobile Card Reader Market 2016-2020 report is the latest addition to Sandlerresearch.org industry research reports collection, earlier, card issuers were liable for credit card fraud whereas retailers were mostly exempt from it. However, in the US since October 1, 2015, this liability shifted to retailers in case they fail to adopt chip-and-pin technology. Payment networks implement this policy with EMV in order to reduce fraud. Card fraud is most prevalent in the US where most cards are still processed using magnetic stripe. These magnetic stripe cards can be counterfeited and are more prone to fraud compared to chip cards. This policy is expected to influence the mobile card reader market positively.
The analysts forecast global mobile card reader market to grow at a CAGR of 68.47% during the period 2016-2020.
The report, Global Mobile Card Reader Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key players in the Global Mobile Card Reader Market: Electronic Merchant Systems (ems+), eWAY, EzeTap, Ingenico, Jusp, LifePay, Mswipe, PayAnywhere, Payleven, PayPal, Square, SumUp, and Verifone
Further, the report states that reaching out to MSMEs in remote locations, convincing them to use mobile card readers, and educating them about the potential benefits of them are some of the common problems faced by the vendors.
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List of Exhibits
Exhibit 01: Major countries covered
Exhibit 02: Counterfeit fraud liability shift
Exhibit 03: Lost or stolen fraud liability shift
Exhibit 04: EMV terminal penetration in US 2015-2020
Exhibit 05: Segmentation of mobile card readers by type 2015
Exhibit 06: Supply chain of global mobile card reader market
Exhibit 07: Market size and forecast ($ billions)
Exhibit 08: Mobile card reader market by technology 2015 and 2020
Exhibit 09: Market segmentation by end-user 2015-2020
Exhibit 10: Market segmentation by end-user 2015 and 2020 ($ billions)
Exhibit 11: CAGR of end user segments 2015-2020
Exhibit 12: Geographical segmentation of mobile card reader market 2015- 2020 and more..
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