Market Share of Europe POS Terminal Industry
The Europe POS Terminal market primarily comprises multiple domestic and international players in quite a fragmented and highly competitive environment. Major players in the market include Ingenico Group (Worldline), NEC Corporation, NCR Corporation, Izettle UK (Paypal), Verifone Inc., etc. Technological advancements in the market are also bringing considerable competitive advantage to the companies, and the market is also witnessing multiple partnerships.
- February 2022: SumUp and PrestaShop entered a partnership to assist SMEs and make it simple for business owners to expand in Europe. Users can link their SumUp accounts to the PrestaShop platform, making SumUp a payment option for online stores and seamlessly syncing all data with their SumUp transaction history. Due to the cooperation, SumUp's merchants may now use several new goods and services, including card terminals, invoicing, the SumUp business account with the SumUp Card, and point-of-sale solutions explicitly made for micro- and nano-retailers.
- June 2023: A new point-of-sale (POS) system from Payabl., an established FinTech company known for its payment solutions, has been presented with a focus on supporting the expansion of European retailers. The POS solution was created as a reaction to the expanding omnichannel shopping trend.
Europe POS Terminal Market Leaders
Ingenico Group (Worldline)
NEC Corporation
NCR Corporation
Izettle UK (Paypal)
Verifone Inc.
*Disclaimer: Major Players sorted in no particular order
