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Firemane Post Blog on Indian POS Terminal Market Growth

Firemane specialise in the sale of Point of Sale (POS) equipment, and recently published a blog on their website with a report on the Indian POS Terminal market growth. The article discussed the report by Research and Markets, the world’s largest market research store, forecasting the outlook for the POS terminal market in India, with India’s POS terminal market being projected to grow at a compound annual growth rate of over 16% from 2017 to 2023.

 

PR-Inside.com: 2017-05-31 09:15:48
Firemane specialise in the sale of Point of Sale (POS) equipment, and recently published a blog on their website at www.firemane.com with a report on the Indian POS Terminal market growth. The article discussed the report by Research and Markets, the world’s largest market research store, forecasting the outlook for the POS terminal market in India, with India’s POS terminal market being projected to grow at a compound annual growth rate of over 16% from 2017 to 2023.


The article went on to say, “The growth of this market in Asia’s second largest economy is being propelled by several factors, including the government’s policy drive toward a more plastic economy and the banks’ desire to gain advantage in the merchant acquisition business. As a result, the Indian POS terminal market is showing healthy year-over-year growth, which is great news for industry investors and POS suppliers and resellers that operate in India.”

One of the interesting findings was that, although there are several types of POS devices available in India, including portable, countertop, mPOS, PIN Pad and Multimedia, the highest growth was seen within the portable POS terminal segment, owing its widespread ultilisation across a wide variety of end user markets including hospitality, government and retail.

This was of particular interest to Firemane, as an organisation that specialises in the bulk purchasing of POS equipment, buying, selling, refurbishing and brokering terminal purchases between resellers, distributors and end users around the globe. Firemane’s points of distinction are their lower prices, and their access to an extensive range of used equipment.

Their lower prices are possible by the fact that they focus on fulfilling bulk orders direct from manufacturers, allowing them to keep prices down. Also, they do not work in the traditional retail space. Similarly, their easy access to used and refurbished equipment is through their resellers, who have their own customers, who are constantly purchasing used terminals from their network, and providing those terminals to other resellers or refurbishing them.

Press Information
Firemane
690 S Highway 89, Suite 200, Box 14672


83002


Jackson, WY


USA

Daniel Hamilton
Marketing
1-307-392-4877
email
firemane.com/


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