This individual Report Squares and Sleds: Wireless POS Plays a Smarter Game is available for purchase. This Report is available to members of Mercator Advisory Group’s Emerging Technologies Advisory Service. Please be advised that this Report is normally part of a research and advisory service that provides ongoing support throughout the year. As such, this Report contains significant depth of content that is selected for its strategic importance to our members. (For a description of these services, see our Advisory Services section).
While the Report represents significant analyst time invested, there is no means of our ascertaining if it will fully meet your specific intended purposes. Typically, these Reports form the basis for future discussions with our clients where we are able to fine-tune additional information that we have gathered in the construction of the series of Reports (or locate new information rapidly due to our exclusive focus on gathering information in the payments industry) for specific member needs.
Unfortunately, in fairness to our paying members, we are not able to offer this level of support for a single Report purchase. We will, however, credit any Research Document purchase against the future purchase price of the service should you become a member within 30 days of purchasing the document.
The price for individual Report purchases is $2450 per document.
Use the form below to request this individual Report purchase orClick here for a fax-back order form
Squares and Sleds: Wireless POS Plays a Smarter Game
Boston, MA - Payment-enabled smartphones are about to significantly increase the number of merchants taking card-based payments. Payment-enablement hardware also has the potential to drive consumer-based products like the iPad deeply into merchant operations and not just for small merchants. The impact of smartphone and tablets on traditional wireless point of sale equipment will not be trivial.
Mercator Advisory Group's new report Squares and Sleds: Wireless POS Plays a Smarter Game charts the rate of growth expected for smartphone-based payments, discusses the business model for new entrants such as Square and the long term negative impact on purpose-built wireless point of sale growth. The report also addresses the payments-enabled iPad as an economically rational alternative, for some applications, to dedicated point of sale terminals. Even in brick-and-mortar stores, mobility has its advantages.
Highlights of this report include:
Purpose-built wireless POS terminal growth has fallen precipitously and will decline into the low single digits by 2014.
The potential user base of mobile card acceptance exceeds 16.5 million merchants.
Smartphone-based mobile card acceptance will explode beyond 1.4 million by 2014.
The iPad, properly equipped with payment acceptance, makes a competitive and compelling alternative to some POS terminal applications.
Square's painful path up the payments fundamentals learning curve has still educated the market to the expanded potential for merchant card acceptance and how the competitive landscape may change.
"The smartphone's transformational power is starting to be felt in the payments world. These comparatively low cost devices are anchoring new transaction volume for both card not present and, in particular, card present transactions. Tablet devices such as the iPad represent an attractive point of sale alternative to forward thinking merchants and the cost of payment-enabling them is competitive with a high function, dedicated POS device. The effect of these consumer technologies on retailers, starting with the smallest merchants, is just beginning." states George Peabody, Director of Mercator Advisory Group's Emerging Technologies Advisory Service.
One of 7 exhibits in this report:
This report is 28 pages long and has 7 exhibits. Companies mentioned in this report include: Hypercom, Apriva, VeriFone, ID Tech, MagTek, Square, Apple, ROAM Data, Global Tek Labs, Daily Systems, Intuit, RIM, Inner Fence, Amazon, PayPal, SoundPOS, Retail Cloud, Google, Dell, HP, First Data, Exadigm, Amtrak, Way Systems, Motorola, and Heartland Payment Systems.Members of Mercator Advisory Group have access to reports as well as research for the year ahead, presentations, analyst access and other membership benefits.
Please visit us online at www.mercatoradvisorygroup.com.
For more information and media inquiries, please call Mercator Advisory Group's main line: (781) 419-1700 or send E-mail to firstname.lastname@example.org
About Mercator Advisory Group:
Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors.