2017–2021 Retail Point of Sale Payment Forecast
- Date:November 27, 2017
- Author(s):
- Michael Moeser
- Rachel Huber
- Report Details: 33 pages, 18 graphics
- Research Topic(s):
- Tech & Infrastructure
- PAID CONTENT
Overview
- What are the major trends in domestic retail POS payments?
- How quickly is e-commerce growing, and how much is retail POS shrinking?
- How will cash and paper checks fare at the POS as other payment types continue to grow in popularity?
- What payment types will be the winners and losers in the POS channel in the future?
- Will debit cards continue to be a strong payment option at the POS, or will they cede market share to credit cards and other payment forms?
- Will mobile proximity payments (mPOS) disrupt the current in-store POS payment ecosystem?
Methodology
The consumer data in this report was primarily collected from the following:
- A random-sample survey of 3,200 respondents conducted online in October 2016. The overall margin of error +1.74 at the 95% confidence level. The margin of error is larger for subsets.
- A random-sample survey of 3,200 respondents conducted online in October 2015. The overall margin of error +1.74 at the 95% confidence level. The margin of error is larger for subsets.
- A random-sample survey of 10,768 respondents conducted online in June-July, 2017. The overall margin of error is +/- 0.94 at the 95% confidence level.
Industry card data and reward programs were derived from industry interviews, with supplementary data from secondary sources such as The Nilson Report and public websites.
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