Biometric POS terminals are POS terminals that have been integrated with the biometric technology. They are mainly used as payment gateways. Biometric data cannot be easily hacked as compared to PINs and passwords. A persons identity can be authenticated using biometric technologies such as fingerprint identification, retina and iris recognition, palm vein identification, facial recognition, and voice recognition. The market is expected to grow at a CAGR of 27.81%.
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This report covers a basic overview of the industry consisting definitions, classifications, applications and industry chain structure. The Biometric PoS Terminals market report also sorts the market as per product types and application sections, and studies the individual growth of each segment. Furthermore, for the parties which are weighing their options in the manufacturing sector, this report presents itself to be a vital source of information for Biometric PoS Terminals industry players. Various details about the manufacturing process such as labor cost, depreciation cost and a comprehensive manufacturing cost & process analysis and so on, is discussed in the report.
Competitive analysis of Biometric PoS Terminals market assists in gaining an edge in the market.
Major players Covered in this Biometric PoS Terminals Market Report:
Bitel, Biyo, Crossmatch, DERMALOG Identification Systems, EKEMP INTERNATIONAL, Fujitsu, Ingenico Group, M2SYS, PayTango, OT-Morpho, SmartMetric, Sthaler, Verifone, Zvetco Biometrics, and Zwipe.
Other Prominent Vendors in the market are: ACTAtek, Argus TrueID, ePortID, and E&M TECHNOLOGIES.
Market Driver ⢠Rise in fraud at merchant POS terminals⢠For a full, detailed list, view our report
Market Challenge ⢠Absence of uniform standards⢠For a full, detailed list, view our report
Market Trend ⢠Growth of self-service market⢠For a full, detailed list, view our report
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