Market Share of Luxembourg POS Terminals Industry
The Luxembourg POS terminals market is moderately consolidated with the presence of major players such as Worldline, Verifone Inc., etc. These market players hold a significant market share in the Luxembourg POS terminals market. Major players in the country are offering innovative POS terminal solutions and indulging in strategic partnerships and acquisitions to gain more market presence in the region.
In May 2021, Ingenico group partnered with Payroc, a prominent merchant acquirer and payment processor, to offer new payment technology that meets the most demanding use cases. This product launch will provide agents and merchants with greater availability of features for secure and swift payment acceptance. This line of devices is designed for restaurant, retail, and mobile payment acceptance. The Ingenico Tetra devices are also fully integrated with RewardPay Choice, enabling businesses to save thousands in monthly processing fees through compliant surcharging.
Luxembourg POS Terminals Market Leaders
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Worldline
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SumUp Inc
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myPOS World Ltd
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Payconiq International
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VeriFone, Inc.
*Disclaimer: Major Players sorted in no particular order