mPOS

Tokyo, Japan, 22 March 2023 – Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, has announced its wholly owned subsidiary has entered into a agreement with the shareholders of Panthronics AG, a semiconductor company. The acquisition will enrich Renesas’ portfolio of connectivity technology, extending its reach into high-demand Near-Field Communication (NFC) applications in fintech,

Gothenburg, Sweden. 16 March 2023 – According to a new research report from IoT analyst firm Berg Insight, a market for NFC-ready POS terminals continued to show strong momentum in 2021 with annual shipments reaching an estimated 75.3 million units worldwide. The attach rate for NFC was highest in EU27+3 and North America, where 98%

IHS Markit predicts that there will be around 75.4 billion Internet of Things (IoT) devices in the world by 2025. In a few years it will be normal to see internet connected devices appear in most industrial and consumer sectors.

A new study from Juniper Research has found that the adoption of mPOS (mobile Point-of-Sale) devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will drive annual mPOS transactions to over 87 billion by 2023. This will represent a threefold increase over an estimated 28 billion transactions in 2018.

A new study from Juniper Research has found that smartphone and tablet-based mobile point-of sale terminals will take on a significant role in businesses, handling 40% of all retail transaction value by 2021, up from an expected 12% in 2016.