Hungary Pos Terminal Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Hungary POS terminal market is expected to register a CAGR of 13.87% over the next five years. The POS terminal systems have changed in the present market from transaction-oriented devices to systems that support, assist, and interface with organizations' CRM and other financial solutions. This situation has made it possible for businesses to use POS terminal-captured transactional data for business intelligence purposes.
Key HighlightsDue to the existence of a few players, the Hungary POS Terminal Market is slightly fragmented. Moreover, because of the partnerships and recent advancements in the market, the sector is characterized by moderate competition. Worldline SA, Paymentwall Inc., and Novopayment, among other companies, are some of the prominent participants in the field.
In January 2022, Worldline collaborated with Spreedly, the provider of the leading Payment Orchestration platform, and announced that Worldline had joined the Spreedly Payment Service Provider Program. Spreedly’s Partnership Program was created to further support a vision for a diversified and inclusive payments ecosystem by offering connectivity and flexibility for all players, including payment service providers.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook