July 2025
mPOS Terminals & Soft POS

mPOS Transactions to Grow by 83%, Reaching $5 Trillion by 2030, as POS Moves Beyond the Countertop

Hampshire, UK – 21st July 2025: A new study from Juniper Research, the foremost experts in fintech and payment markets, has found global mPOS transactions will reach $4.9 trillion in 2030; up from $2.7 trillion in 2025. This growth will be driven by two factors:

  1. Shift from fixed POS terminals at checkouts as retail stores evolve.
  2. Growing card acceptance in emerging markets.

mPOS terminals can accept card payments by connecting to compatible smart devices, such as a smartphones or tablets.

mPOS – Soft POS – Cash

Juniper Research believes mPOS will be resilient versus dramatic soft POS growth. Soft POS is where the smartphone or tablet itself is used to collect a contactless payment. While soft POS is growing rapidly, it is largely displacing cash in smaller, occasional transactions. mPOS, by offering dedicated hardware, is better suited to traditional retail and hospitality environments, which are shifting away from fixed countertop machines.

Find out more: mPOS Terminals & Soft POS Market 2025-2030, or download a free sample.

mPOS Transforming Emerging Markets Payments Acceptance

The research identified mPOS will drive the expansion of card payments in emerging markets, particularly within Africa. While digital wallets are popular in Africa, cards are often a premium add-on to mobile money services; meaning that card acceptance is a must.

As a result of this, coupled with rising affluence, we forecast that mPOS transaction values in Africa & the Middle East will rise by far above the global average; growing by over 200% between 2025 & 2030.

VP of Fintech Market Research Nick Maynard explained: “To capitalise on this growth, mPOS providers should consider partnering with local superapps, such as M-PESA in Kenya, to create POS solutions which work within wider ecosystems; maximising merchant appeal.

About the Research Suite

The new research suite offers the most comprehensive assessment of the mPOS terminals and soft POS market to date, including insightful market analysis and in-depth forecasts for 61 countries. The dataset contains over 46,000 market statistics and an examination of current and future market opportunities.

Juniper Research has, for two decades, provided market intelligence and advisory services to the global financial sector, retained by many of the world’s leading banks, intermediaries and providers.

Contact Sam Smith, PR

T: +44(0)1256 830002

E: sam.smith@juniperresearch.com

 

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