Product Code: ETC8855147 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Mobile Point-of-Sale (mPOS) terminals are gaining traction in the Philippines, especially among SMEs and mobile vendors. With increasing smartphone penetration and digital payment adoption, mPOS systems offer a cost-effective and flexible solution for managing sales, driving their uptake across retail and service sectors.
The Philippines mPOS (mobile point of sale) Terminal Market is experiencing rapid growth as more businesses, particularly small and medium enterprises (SMEs), adopt mobile payment solutions. mPOS terminals offer a cost-effective and flexible alternative to traditional point of sale systems, allowing merchants to accept card payments via smartphones and tablets. With the increasing use of digital wallets and contactless payments, the demand for mPOS terminals is expected to continue growing as businesses seek efficient and scalable payment solutions.
The mPOS (mobile point-of-sale) terminal market in the Philippines faces challenges such as limited internet connectivity in rural areas, which affects the functionality of mobile payment systems. Additionally, many small businesses are hesitant to adopt mPOS systems due to the initial costs and lack of awareness about the benefits of mobile payments. The lack of a robust regulatory framework and concerns regarding the security of mobile transactions also pose significant barriers to market growth.
The mPOS terminal market in the Philippines is expanding due to the increasing adoption of mobile payment solutions across various sectors, including retail, hospitality, and healthcare. Investment opportunities in this market include the development of affordable, easy-to-use mPOS terminals that enable businesses to accept card payments via mobile devices. Companies can focus on creating mPOS solutions that integrate seamlessly with other business management software, offering added value to small and medium-sized enterprises. The market also presents opportunities for partnerships with financial institutions to promote secure mobile payment systems and boost consumer confidence.
The government of the Philippines has introduced policies that promote the growth of the mobile point of sale (mPOS) terminal market, driven by the shift toward digital payments. Policies focus on improving access to mPOS technology for small businesses, encouraging financial inclusion and secure transactions. The government supports innovation in mobile payment solutions and works with financial institutions to ensure that mPOS terminals comply with data security and privacy standards. Additionally, there are initiatives to expand mobile payment infrastructure, particularly in underserved regions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines mPOS Terminal Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines mPOS Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines mPOS Terminal Market - Industry Life Cycle |
3.4 Philippines mPOS Terminal Market - Porter's Five Forces |
3.5 Philippines mPOS Terminal Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Philippines mPOS Terminal Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Philippines mPOS Terminal Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.8 Philippines mPOS Terminal Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Philippines mPOS Terminal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines mPOS Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines mPOS Terminal Market Trends |
6 Philippines mPOS Terminal Market, By Types |
6.1 Philippines mPOS Terminal Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Philippines mPOS Terminal Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Philippines mPOS Terminal Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Philippines mPOS Terminal Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Philippines mPOS Terminal Market Revenues & Volume, By Service, 2021- 2031F |
6.2 Philippines mPOS Terminal Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Philippines mPOS Terminal Market Revenues & Volume, By Handheld terminal, 2021- 2031F |
6.2.3 Philippines mPOS Terminal Market Revenues & Volume, By Tablet, 2021- 2031F |
6.3 Philippines mPOS Terminal Market, By Deployment Model |
6.3.1 Overview and Analysis |
6.3.2 Philippines mPOS Terminal Market Revenues & Volume, By On-premises, 2021- 2031F |
6.3.3 Philippines mPOS Terminal Market Revenues & Volume, By Cloud, 2021- 2031F |
6.4 Philippines mPOS Terminal Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Philippines mPOS Terminal Market Revenues & Volume, By Biometric, 2021- 2031F |
6.4.3 Philippines mPOS Terminal Market Revenues & Volume, By Traditional, 2021- 2031F |
6.5 Philippines mPOS Terminal Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Philippines mPOS Terminal Market Revenues & Volume, By Entertainment, 2021- 2031F |
6.5.3 Philippines mPOS Terminal Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.5.4 Philippines mPOS Terminal Market Revenues & Volume, By Hospitality, 2021- 2031F |
6.5.5 Philippines mPOS Terminal Market Revenues & Volume, By Restaurant, 2021- 2031F |
6.5.6 Philippines mPOS Terminal Market Revenues & Volume, By Retail, 2021- 2031F |
6.5.7 Philippines mPOS Terminal Market Revenues & Volume, By Warehouse, 2021- 2031F |
7 Philippines mPOS Terminal Market Import-Export Trade Statistics |
7.1 Philippines mPOS Terminal Market Export to Major Countries |
7.2 Philippines mPOS Terminal Market Imports from Major Countries |
8 Philippines mPOS Terminal Market Key Performance Indicators |
9 Philippines mPOS Terminal Market - Opportunity Assessment |
9.1 Philippines mPOS Terminal Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Philippines mPOS Terminal Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Philippines mPOS Terminal Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.4 Philippines mPOS Terminal Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Philippines mPOS Terminal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines mPOS Terminal Market - Competitive Landscape |
10.1 Philippines mPOS Terminal Market Revenue Share, By Companies, 2024 |
10.2 Philippines mPOS Terminal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |