Millennials are desperate to buy a home — but cash-flush boomers are standing in their way
- 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.
- While most retail sales still occur in-store, digital is driving innovation as ecommerce grows.
- Domestic P2P and digital remittance providers will diversify to lure users and monetize solutions.
- Digitization is dominating B2B and disbursement innovation.
Ongoing ecommerce growth is pushing payment providers to make efficient and inexpensive digital payment solutions their top priority despite the ever-changing post-pandemic landscape.