Mobile Point-Of-Sale (mPOS) System Market Size & Outlook, 2026-2034

Mobile Point-Of-Sale (mPOS) System Market Overview

The global mobile Point-Of-Sale (mPOS) system market size is valued at USD 17.1 billion in 2025 and is projected to reach USD 92.7 billion by 2034, growing at a CAGR of 20.4% during the forecast period. Consistent growth of the market is supported by the rapid shift toward contactless and mobile-driven payment ecosystems, rising adoption of cloud-based POS platforms, and the increasing penetration of smartphones and digital wallets, which collectively enhance transaction flexibility, reduce hardware dependency, and enable merchants of all sizes to adopt secure, scalable, and cost-effective payment solutions.

Key Market Trends And Insights

• Europe dominated the market with a revenue share of 34.87% in 2025.
• Asia-Pacific is anticipated to grow at the fastest CAGR of 22.16% during the forecast period.
• Based on component, the Hardware segment held the highest market share of 46.52% in 2025.
• By operating system, the Android-based segment is estimated to register the fastest CAGR growth of 21.83%.
• Based on payment technology, the NFC Contactless segment dominated the market in 2025 with a leading share of 38.74%.
• By enterprise size, the Small Merchants segment accounted for the largest share of deployments in 2025, representing 45.21% of the market.
• Based on end-use vertical, the Retail Chains segment is projected to register a CAGR of 21.36% during the forecast period.
• Germany’s Mobile Point-Of-Sale (mPOS) System Market was valued at USD 5.91 billion in 2024 and is projected to reach USD 6.78 billion in 2025.

Source: Straits Research

Market Size and Forecast

• 2025 Market Size: USD 17.1 billion
• 2034 Projected Market Size: USD 92.7 billion
• CAGR (2026-2034): 20.4%
• Dominating Region: Europe
• Fastest-Growing Region: Asia Pacific

The Mobile Point-Of-Sale System Market includes a host of payment solutions through mobile devices: from portable POS terminals and handheld card readers to tablet-based units and software-driven SoftPOS applications, which enable smartphones to functionally operate as secure devices for payment acceptance. These solutions operate on multiple platforms: from Android-based and iOS-based systems to supporting various payment technologies that include EMV chip transactions, NFC contactless payments, traditional magstripe swipes, and QR-code-based acceptance.

Meanwhile, mPOS systems are being utilized across the board by small merchants through to medium enterprises and even large-scale retail and hospitality chains, which seamlessly integrate into operational workflows across retail stores, quick-service restaurants, and full-service restaurants, hospitality operators, field service providers, entertainment venues, and transportation and mobility services. All combined, these technology-driven mobile payment solutions provide secure, flexible, and scalable transaction capabilities that empower businesses across global markets to improve checkout efficiency, reduce infrastructure costs, and offer modern, customer-centric payment experiences.

Market Trends

Shift from Fixed Checkout Counters Toward Fully Mobile And Cloud-Connected Payment Ecosystems

Mobile Point-of-Sale technology is at the center of a change from traditional, counter-based payment schemes to totally mobile, dispersed checkout experiences. Where earlier they relied on unwieldy, fixed POS terminals, which tied them to long queues, heavy hardware costs, and a lack of layout flexibility, today's merchants can leverage cloud-connected mPOS platforms in conjunction with handheld readers, tablet-based units, and smartphone SoftPOS apps that let personnel take payments aisle-side, curbside, in-room, or on the go.

This migration is further facilitated by Android-based mPOS devices and lightweight, software-only modules that knit inventory, billing, loyalty, and analytics within a single view. Retail chains, quick-service restaurants, and hospitality operators increasingly deploy mobile checkout stations to minimize bottlenecks and improve customer throughput. Industry case studies also show that mobile checkout environments significantly improve operational agility, including real-time price updates, dynamic staff allocation, and seamless omnichannel fulfillment, signaling a decisive movement toward frictionless location-independent payment experiences.

Rapid Acceleration of Contactless Commerce is Driven by NFC-enabled and QR-based Transactions

A major structural shift shaping the mPOS industry is the explosive rise of contactless payments, fueled by NFC-enabled tap-to-pay and QR-based acceptance. Card-present transactions previously depended heavily on magstripe and EMV chip readers, requiring actual physical contact and generally being slower to process. Accelerated digital wallet adoption, tap-enabled cards, and in-app payments have driven demand for point-of-sale terminal upgrades to NFC-capable mobile options that handle secure, low-latency tap checkout.

QR-based payment acceptance, meanwhile, has been increasingly implemented across small merchants and service providers on tablet devices and through mobile apps because the setup requires zero hardware and near-instant onboarding. The impact of this contactless shift has greatly reduced queueing, enhanced hygiene-driven spending behavior, and increased acceptance networks throughout micro-merchants, pop-up businesses, mobility service providers, and entertainment venues alike. Strong momentum in these tap-and-scan payments is retooling consumer expectations and accelerating the global drive toward cash-light economies.

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Market Driver

The Massive National Push Toward Cash-Lite Economies by Mandates in Government-Backed Digital Payments

Accelerating the shift from a cash-dependent transaction to digitally enabled and transparent payment ecosystems, global governments are emerging as one of the strongest catalysts for the growth in the Mobile Point-Of-Sale System Market. Governments of countries like India, the U.K., Singapore, and several EU member states are deploying nationwide digital payment frameworks that further incentivize merchants to adopt mobile POS systems. For instance, India's Digital Payments Mission and the zero-MDR policy of the RBI on RuPay and UPI transactions spurred massive onboarding of merchants, adding millions of small retailers to digital payment channels. The PSD2 directive by the European Commission mandated stronger authentication and openness of payment infrastructure, pushing SMEs toward modern NFC-enabled and EMV-compliant mPOS devices to ensure compliance with regulatory requirements.

These policy shifts are significantly uplifting the adoption of mPOS by removing onboarding barriers, lowering the cost of merchant acquisition, and guaranteeing a secure and interoperable acceptance of payments across markets. A combination of incentives, mandates on compliance, and modernization of infrastructure is rapidly creating an ecosystem where mPOS is the default payment interface for small merchants, hospitality providers, transportation operators, and event-based businesses globally.

Market Restraint

Inconsistent Demands on Regulatory Compliance Impede Merchant Onboarding

A big restraint in the Mobile Point-Of-Sale (mPOS) System Market is the complexity and inconsistency of regulatory compliance across regions, which slows down merchant onboarding and limits uniform adoption. The governments of various countries have enacted stringent legislation on payment authentication, data security, transaction tracking, and device validation. For instance, the PSD2 directive of the European Union made strong customer authentication compulsory, entailing additional layers of verification that many small merchants are not able to integrate into their mobile point-of-sale workflows.

Similarly, various African and Southeast Asian regulators make it compulsory to register every point-of-sale device under their national payment system rules, which lengthens the onboarding timeline for micro-merchants and traveling service providers. Consequently, many small retailers, food vendors, mobility service operators, and field-service businesses have their mPOS services' activation slowed down due to extensive documentation, e-KYC requirements, and compliance audits. Such fragmented regulatory frameworks reduce deployment speed, discourage cross-border acceptance, and complicate the expansion of mPOS providers-thereby restricting the seamless global scale-up of mobile payment ecosystems.

Market Opportunity

Expanding Unified Merchant Ecosystems by Monetizing Value-Added Services.

A vital opportunity arises for the growth of the Mobile Point-Of-Sale System Market due to the increasing expansion of value-added service ecosystems around merchant operations. Whereas previously the mPOS solutions merely enabled basic payment acceptance, offering little scope for merchants to engage beyond the transaction, providers today are increasingly transitioning toward integrated commercial platforms where inventory tracking, digital invoicing, loyalty management, tip optimization, subscription billing, and automated settlement insights are integrated together as part of a single mobile interface.

This is particularly impactful to the small and mid-sized businesses that have not had access to such structured tools. Companies offering integrated mPOS ecosystems have seen notable gains both in merchant retention and revenue per merchant, as these platforms allow small retailers, restaurants, and service providers to upgrade operations without having to invest in standalone software systems. The ability to add services such as digital receipts, in-app promotions, customer behavior analytics, and multi-location dashboard management is creating strong differentiation for mPOS vendors.

Regional Analysis

Europe accounted for a share of 34.87% in revenue generated in the world market in 2025. In light of the region's mature digital payment landscape, excellent adoption of contactless cards, and the rapid modernization of retail and hospitality checkout systems, the leadership position of Europe is understandable. This means European retailers have been among the first to embrace mobile-first billing models that equip staff to complete transactions anywhere on the sales floor. Secondly, industry-wide collaboration among payment providers, fintech companies, and retail technology platforms propelled the rollout of integrated mPOS ecosystems throughout supermarkets, fashion outlets, convenience stores, and transportation hubs. All these factors together set up Europe as the leading market for scalable, high-performance mobile POS deployments.

The growth of the mPOS market in Germany is supported by its movement toward a decentralized retail checkout system and strong consumer preference for digital and contactless payments. Retail chains and restaurant groups across the country are deploying handheld terminals and tablet-based mPOS units to reduce long queues and enable ordering on the go. Additionally, German merchants are increasingly adopting advanced analytics-backed mPOS platforms for inventory optimization, multi-store network management, and faster customer engagement. Continuous upgrade of digital in-store infrastructure and deep penetration of tap-and-pay technologies among German merchants propels the nation's growing contribution to the European mPOS market.

Asia Pacific Mobile Point-Of-Sale (mPOS) System Market Insights

Asia Pacific is expected to be the fastest-growing region, forecast to be growing at a CAGR of 22.16% from 2026 to 2034. The rapid growth in the region is driven by factors such as the rise of mobile-first commerce, high utilization of QR-based transactions, and increasing penetration of digital wallets in countries like China, Indonesia, and Vietnam. Retailers, food outlets, and small merchants across APAC are involved in the installation of mPOS terminals for large transaction volumes, flexible payment modes, and checkout-on-the-go capabilities. The region is supposed to be one of the early adopters of smartphone-based SoftPOS solutions that will enable millions of micro-merchants to receive contactless payments without depending on hardware devices. This mobile-centric retail environment is laying the foundation for the Asia Pacific region to become one of the major global hubs for next-generation mPOS adoption.

The Indian mPOS market is growing rapidly, with explosive growth in app-based payments, as well as pervasive merchant onboarding across small retail outlets, street vendors, food delivery networks, and mobility services. This involves low-cost, subscription-based mPOS bundles by fintech companies for digital invoicing, the acceptance of QRs, loyalty integration, and real-time sales dashboards to make advanced retail tools available across the country to small businesses. Big retail and restaurant chains also increasingly deploy handheld terminals in India to cut the time spent queuing and to support hybrid models such as store pickup and mobile checkout. These highly scalable and software-driven solutions are further fueling India's position as one of the fastest-growing markets for mobile point-of-sale adoption in the Asia Pacific.

Source: Straits Research

North America Market Insights

The mPOS market is expanding steadily in North America, driven by rapid modernization within retail checkout environments and the rapid adoption of digital payment methods throughout the U.S. and Canada. Retailers, QSR chains, and service operators increasingly deploy handheld mobile POS units to support curbside pickup, self-checkout alternatives, and in-aisle payment acceptance. Rising merchant adoption of subscription-based mPOS software bundles that include inventory tools, customer insights, and loyalty integrations is also accelerating regional growth.

The growth in the U.S. mPOS market is driven by the rapid surge in unified commerce deployments across national retail chains. Large brands integrate mobile checkout with store-wide fulfillment systems to enable staff to complete purchases anywhere on the floor and process returns or pickups without directing customers to traditional counters. Collaboration between retail technology providers and cloud-native POS platforms has given high-volume operators the ability to manage transactions, digital receipts, and inventory updates in real time across thousands of store locations. This movement to a fully mobile and data-connected store network is extending the functional role of mPOS within the U.S. retail environment.

Latin America Market Insights

The Latin America mPOS market is gaining momentum, with countries like Mexico, Brazil, and Colombia developing their acceptance for mobile-driven payments and smartphone-based checkout systems. The region has witnessed a sharp growth of QR-enabled transactions and app-based merchant onboarding, which helps small businesses and informal vendors to accept digital payments without traditional POS infrastructure. In parallel, cloud-based POS platforms are gaining momentum across supermarkets and food chains, offering improved visibility over sales, inventory turnover, and customer behavior across multi-branch operations.

The mPOS market of Brazil is growing rapidly as retail networks and food service operators adopt mobile devices to perform line-busting, table-side payments, and queue management. Local fintech providers offer bundled handheld POS terminals with value-added services such as installment billing, digital invoicing, and customer engagement dashboards, increasing affordability and merchant take-up. Moreover, rising smartphone penetration coupled with strong demand for flexible, mobility-first payment solutions positions Brazil as one of the most dynamic markets for mPOS deployments across Latin America.

Middle East and Africa Market Insights

The Middle East and Africa mPOS market is growing as more retailers and hospitality operators move away from traditional POS counters and towards mobile checkout solutions to expedite service speed and facilitate in-store mobility. The region is also witnessing robust traction for tablet-based terminals, especially in shopping malls, hypermarkets, and premium dining outlets looking for fast payment processing during peak traffic times. Growing investments in cloud retail infrastructure and private sector technology modernization programs contribute further to mPOS adoption across major metropolitan areas.

Mobile payment acceptance using smartphones is increasingly adopted by independent retailers, boutique stores, and micro-merchants, driving the growth of the mPOS market in South Africa. Local payment providers have introduced portable card readers and app-linked SoftPOS solutions targeted at small businesses that operate across markets, events, and mobile service routes. Rapidly growing tap-to-pay cards and instant mobile payments are driving the rapid expansion of mPOS usage across the country, with the ability to process digital transactions in a secure and efficient manner without fixed checkout infrastructure.

Component Insights

The Hardware segment accounted for the largest market share of 46.52% in revenue among all segments in 2025, driven by the wide reception of handheld readers, portable POS terminals, and tablet-based mPOS units across retail chains and restaurant environments. Merchants increasingly prefer hardware-based solutions as they offer robust, reliable, and PCI-compliant payment acceptance that ensures seamless high-volume transaction handling during peak business hours.

The Services segment is expected to grow the fastest, at a CAGR of about 23.14% over the forecast period. This growth is accelerated by the increasing demand for deployment support, managed services, and training required by enterprises moving from traditional POS systems to mobile-first payment architectures. Cloud-based ecosystems demand continuous software updates, security monitoring, and technical support, thus persuading more merchants, especially small and medium enterprises, to subscribe to managed service models.

Source: Straits Research

Operating System Insights

The iOS-based segment dominated the market, accounting for 44.12% of the revenue share in 2025, powered by strong adoption of iPad-based POS terminals and handheld devices across premium retail chains, full-service restaurants, and hospitality operators. This is because iOS devices are favored by enterprises due to their closed ecosystem, better security architecture, and seamless integration with enterprise-grade POS applications.

The fastest growth is expected in the Android-based segment owing to the rise of affordable Android POS terminals, conversion of smartphones into payment devices through SoftPOS applications, and flexible customization suited for small merchants and field-service operators. It is likely to grow at a CAGR of about 21.83% in the forecast period.

Payment Technology Insights

The NFC Contactless segment dominated the market with a leading share of 38.74% in 2025, driven by the rapid adoption among consumers of tap-to-pay cards, digital wallets, and smartphone-based payment methods for seamless and hygienic checkout experiences. Merchants increasingly prefer NFC-enabled mPOS terminals because these reduce transaction time, support tokenized secure payments, and seamlessly integrate with loyalty apps and mobile commerce platforms.

The segment of EMV Chip Enabled is anticipated to show the fastest growth during the forecast period with a projected CAGR of about 20.91%. Strongest growth is driven by accelerating momentum on chip-secured card payments backed by compliance requirements from card networks and increasing merchant focus on fraud reduction. EMV-enabled mPOS readers provide stronger authentication, reduced chargeback risks, and enhanced protection against counterfeit transactions, thus resulting in fast upgrades from the older magstripe-based terminals.

Enterprise Size Insights

Small Merchants accounted for the largest deployment share in 2025, at 45.21% of the market. This leading position could be attributed to the increasing adoption of mobile-first payment acceptance by micro-retailers, street vendors, and independent service providers, aside from the growth of local businesses in general. In the case of small merchants, mPOS solution adoption is on the rise due to the fact that mPOS does not require any expensive hardware to operate, supports QR and NFC-based payments, and offers instant onboarding through lightweight, app-based interfaces.

The Large-Scale Chain Operators segment is expected to witness the quickest growth during the forecast period, driven by the growth of omnichannel retail networks, hospitality chains, and multi-outlet restaurant groups that deploy unified mPOS solutions to streamline billing, inventory, and customer experience across distributed locations. Large enterprises integrate mPOS with enterprise-grade ERP, CRM, and analytics platforms to enable real-time synchronization, faster checkout, and dynamic workforce mobility.

End-Use Vertical Insights

The Retail Chains segment is expected to grow at a CAGR of 21.36% during the forecast period, driven by rapid strides toward unified checkout systems, omnichannel shopping models, and mobile-enabled in-store payments. As large retail networks give greater emphasis on faster billing and lessening queue times, ensuring a smooth customer experience, they increasingly deploy mPOS solutions that support contactless payments, digital receipts, and integrated inventory synchronization.

Competitive Landscape

The global Mobile Point-Of-Sale System Market is fairly fragmented, with the presence of well-established payment technology providers and a host of mobile-first point-of-sale solution vendors. Few major players retain a considerable share in the market, given their large product ecosystems, strong merchant networks, and digital commerce capabilities. These maintain continuous efforts to enhance their competitive positioning through platform enhancements, strategic partnerships, and further expansion into newer merchant categories.

The major players in this market are Square, PayPal (Zettle), Shopify POS, and others. Industry leaders are competing aggressively for a larger global merchant base by introducing advanced mobile checkout features, new value-added service portfolios, and better integration across channels for payments. Their strategies actively revolve around product innovation, the acquisition of complementary payment startups, and diversification into software-driven retail management tools of which have helped these leaders strongly hold their ground in the rapidly changing landscape for mPOS.

Zoho: An emerging market player

Zoho, an India-headquartered software and fintech company, recently entered the mPOS market by launching a new suite of POS hardware devices and smart POS solutions.

• In October 2025, Zoho announced the launch of an all-in-one POS device, a smart POS terminal, and a static QR-code + soundbox system, marking its formal entry into the global retail POS hardware market.

Thus, Zoho has emerged as a notable player in the global mPOS market, leveraging its strong software ecosystem, integrated payments platform, and recent hardware rollout to challenge legacy POS incumbents and capture share among SME merchants worldwide.

List of key players in Mobile Point-Of-Sale (mPOS) System Market

1. Square (Block)
2. PayPal
3. Intuit
4. Verifone
5. Ingenico (Worldline)
6. Clover Network
7. PAX Technology
8. SumUp
9. First Data (FIS)
10. Shopify
11. Toast
12. Payoneer
13. Squareup
14. Square
15. Samsung Pay
16. Poynt
17. Revel Systems
18. ePos Now
19. Lightspeed
20. SumUp

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Strategic Initiatives

• July 2025: Verifone partnered with PagBrasil to launch International Pix in the U.S., enabling merchants to accept Brazil’s Pix payments in BRL at the point of sale, targeting incremental international spend (Verifone highlighted the opportunity to capture purchases from ~1.9 million Brazilian visitors to the U.S.).
• April 2025: Square (Block) launched its next-generation Square Point of Sale app — a single, unified POS app consolidating Square’s restaurant, retail, and services functionality into one customizable experience.
• April 2025: Shopify rolled out Shopify POS version 10 (Winter ’25 / POS design update), a major POS redesign and feature release (part of 150+ platform improvements) that modernizes in-store workflows, improves product search, and expands Tap-to-Pay/offline capabilities for retailers.
• March 2024: PayPal announced Tap to Pay on iPhone availability for Venmo business profiles and PayPal Zettle users in the U.S., enabling merchants to accept contactless card and digital wallet payments directly on iPhones with no additional hardware.