Smart POS Terminal Usage to Increase Over the Next 5 Years

A new study by Juniper Research has found that smart POS terminals (those in which analytics and loyalty can be integrated directly to the terminal) are predicted to increase from 13.7 million in 2021 to 35 million by 2026. The sudden increase is likely to be in response to the current acceleration of digital payment and QR-code solutions pushing the need for POS terminals to be more innovative in their offering, especially contactless and soft POS solutions capable of filling market niches.