Greece POS Terminal Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Greece POS Terminals Market is segmented by Type (Fixed Point-of-Sale System, Mobile/Portable Point-of-Sale System), and By End-User Industry (Retail, Hospitality, and Healthcare).

Greece POS Terminal Market Size

Greece POS Terminals Market - Market Summary

Greece POS Terminal Market Analysis

The Greece POS Terminals Market is expected to register a CAGR of 10.35% during the forecast period.

  • The International Monetary Fund (IMF) stated that Greece's GDP expanded by 3.8% in 2021 and will grow 5% in 2022 after contracting by 8.2% in 2020. A 1.3% less inflation was seen in 2020, while 0.2% more in 2021 and 0.8% more is anticipated in 2022.
  • Greeks are known for being particularly cost-conscious, so online shopping provides them the ideal method to make price comparisons at their own pace while still enjoying the convenience of having their purchases delivered to their homes.
  • Greeks are reevaluating their lives in the same way that other nations have done as a result of the epidemic, and it is apparent in the things they buy and the way they pay for them. Greek consumers are more inclined to choose products that promote the local economy or the environment.
  • Moreover, the government has implemented a number of steps, including the requirement for basic bank accounts and the electronic payment of wages, to increase electronic payments throughout the nation. Debit cards should keep dominating the payment card industry in terms of both transaction volume and value.
  • An additional element that creates new opportunities for the POS terminals market is the expansion of e-commerce in Greece. According to PPRO estimates, B2C e-commerce growth between 2020 and 2021 was 19.2%. Forecasts for the size of the e-commerce market are estimated at USD 14.2 billion in 2022 and USD 17 billion in 2023.
  • The coronavirus pandemic has affected Greek payment industry growth in in short term due to a decline in consumer spending. Amid the Covid-19 pandemic, the Greek ecommerce market registered strong growth. Covid-19 has caused a shift in consumer buying behaviour, pushing individuals towards online channels for their purchases, a trend that is likely to continue even beyond the pandemic. Growth over the review period was also driven by the rising number of online retailers as well as improved online and mobile penetration.
  • Payment solutions such as Apple Pay, PayPal, and Google Pay are expected to benefit from this trend. Also, with the country easing lockdown measures and the vaccination program gathering pace, the cards and payments industry will gradually recover to pre-COVID-19 levels.

Greece POS Terminal Industry Overview

The Greece POS terminal market is moderately consolidated, with the presence of a few major companies. The companies continuously invest in strategic partnerships and mergers and acquisitions to gain more market share. Some of the recent developments in the market are:

  • July 2022 - The partnership between Nexi and Alpha Bank was officially announced, opening the door to a new era of digital payments in Greece and transforming merchant solutions there. The two Groups announced the formation of a new business, Nexi Payments Greece, which will offer new merchant solutions and goods and services for payment acceptance to the Greek market.
  • May 2021 - Worldline, a prominent participant in the payments sector, announced the signing of a bidding agreement to acquire 92.5% of the share capital of Cardlink, a prominent Network Services Provider in Greece. This development will increase Cardlink's position as a prominent player in the evolution of the payments industry in the Greek market and provide access to goods and services that will strengthen the company's offering and add value for merchant and bank clients.

Greece POS Terminal Market Leaders

  1. Cardlink

  2. Nayax

  3. Smart POS Software

  4. QuadraPay

  5. EDPS S.A.

  6. *Disclaimer: Major Players sorted in no particular order
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Greece POS Terminal Market News

  • July 2022 - Greek merchant acquiring operations of Eurobank has been fully acquired by global payments services provider Worldline. Worldline and Eurobank establish a joint venture. Worldline will own an 80% stake in the new company through the joint venture the two businesses have created. Eurobank claims to be one of Greece's prominent acquirers, processing more than 200 million transactions annually, amounting to a payment volume of EUR 7 billion from a network of 19,000 point of sale (POS) locations. Worldline describes Southern Europe as a dynamic region with growth potential, and with this acquisition, the company hopes to increase its presence.
  • December 2021 - The National Bank of Greece and EVO Payments, Inc. have formed a long-term strategic marketing collaboration to provide merchant acquiring and payment processing services. EVO Payments, Inc. is a prominent provider of payment technology integrations and acquiring solutions globally. EVO has agreed to pay EUR 158 million, or roughly USD 180 million, for its ownership position in the joint venture. Business Daily sources claim that the two parties have decided to establish a joint venture into which NBG's card POS sector will be transferred, with the US company assuming management of the business and the Greek lender receiving a sizable, strategic minority interest.

Greece POS Terminal Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Force Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Assessment of COVID-19 Impact on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing Use of Digital Platforms and E-Commerce Applications
    • 5.1.2 Increasing Use of Cloud Services and Mobile Wallets
    • 5.1.3 Growing Demand for Mobile Point-of-Sale Systems
  • 5.2 Market Restraints
    • 5.2.1 Data Security Concerns might Restrict Economic Growth
    • 5.2.2 High Compliance Costs per Device and Certification Renewal Costs Restrict the Market Growth
  • 5.3 Market Opportunities
    • 5.3.1 Rise in Contactless Payment Adoption
  • 5.4 Key Regulations and Complaince Standards of PoS Terminals
  • 5.5 Market Estimates of Number Of POS Terminal for the period of 2017-2027
  • 5.6 Market Estimates of Number Of Payments Per POS Terminal for the period of 2017-2027
  • 5.7 Market Estimates of Value Of Payments Per POS Terminal for the period of 2017-2027
  • 5.8 Commentary on the rising use of contactless payment and its impact on the industry
  • 5.9 Analysis of Major Case Studies

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Fixed Point-of-sale Systems
    • 6.1.2 Mobile/Portable Point-of-sale Systems
  • 6.2 By End-User Industry
    • 6.2.1 Retail
    • 6.2.2 Hospitality
    • 6.2.3 Healthcare
    • 6.2.4 Others

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Cardlink
    • 7.1.2 Nayax
    • 7.1.3 Smart POS Software
    • 7.1.4 QuadraPay
    • 7.1.5 EDPS S.A.
    • 7.1.6 NEXI PAYMENTS GREECE SOCIETE ANONYME
    • 7.1.7 Mellon Group of Companies
    • 7.1.8 myPOS
    • 7.1.9 Novidea
    • 7.1.10 Worldline S.A.
    • 7.1.11 PayPal
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET

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Greece POS Terminal Industry Segmentation

The Greece POS Terminals Market is Segmented By Mode of Payment Acceptance (Contact-based, Contactless), By Type (Fixed Point-of-sale Systems, Mobile/Portable Point-of-sale Systems), and By End-User Industry (Retail, Hospitality, Healthcare).

By Type Fixed Point-of-sale Systems
Mobile/Portable Point-of-sale Systems
By End-User Industry Retail
Hospitality
Healthcare
Others
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Greece POS Terminal Market Research FAQs

What is the current Greece POS Terminals Market size?

The Greece POS Terminals Market is projected to register a CAGR of 10.35% during the forecast period (2025-2030)

Who are the key players in Greece POS Terminals Market?

Cardlink, Nayax, Smart POS Software, QuadraPay and EDPS S.A. are the major companies operating in the Greece POS Terminals Market.

What years does this Greece POS Terminals Market cover?

The report covers the Greece POS Terminals Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Greece POS Terminals Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Greece POS Terminal Industry Report

Statistics for the 2025 Greece POS Terminals market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Greece POS Terminals analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Greece POS Terminal Market Report Snapshots

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Greece POS Terminal Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)