mPOS transaction values to exceed $1.9tn by 2024 — Juniper Research — “Juniper Research forecasts that mPOS (Mobile Points of Sale) transaction values will exceed US$1.9tn by 2024, up from $850bn in 2019. This growth will be driven by service adoption from new business users, including pop-up stores and street vendors, for whom the acceptance of card payments was previously inaccessible.”
- Estonian fuel station installs self-service payments system that replaces need for physical card readers
- Canadian retailer vends ready-made meals from contactless kiosks
- Pret A Manger pilots contactless charity donations in UK outlets
- KFC Japan trials contactless lockers for mobile order pickups
- Monoprix pilots automated self-service store
