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  • POS infrastructure providers are scrambling to align their offerings
  • mPOS providers are trying to balance demands from upmarket sellers and micromerchants
  • Payment gateways must double down on omnichannel to woo customers

As the landscape of market leaders shifts, we forecast that the US point-of-sale (POS) terminal installed base will grow from 17.3 million this year to 20.2 million in 2026, largely due to providers upgrading technology. 

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  • Acquirers and processors are competing to enhance their value propositions
  • Card and automated clearing house (ACH) payment networks are dueling for volume
  • Issuers can lean on customer relationships and tranches of data to respond to innovation

Amid economic uncertainty, payments providers are making meaningful shifts to digitize and innovate as they continue to grow at a projected 8.3% compound annual growth rate worldwide between 2021 and 2026, per Boston Consulting Group. 

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Nichole Sesti
Nichole Sesti writes about marketing and travel expenses.
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