July 2022 | New Zealand News
Shift from
Traditional OPT Terminals to Sustainable and Reliable OPTs: The current OPTs eliminate the POS machine end
user's pain points. The purpose of new OPT systems is to increase service
uptime, decrease maintenance, and improve serviceability of the terminals so
that they can operate continuously and without interruption around-the-clock.
These systems can also tolerate a variety of challenging outside ambient
climatic conditions, including temperature, water and dust resistance, and
corrosion resistance.
New
Zealand Outdoor Payment Terminal Market Growth Strategy
Push Towards
EMV Compliance: Compared to
credit cards with magnetic stripes, those with EMV chip technology can store
far more data since they can store encrypted data and assist prevent in-store
payment fraud. According to the compliance, all businesses must be EMV
chip-enabled as of October 14, 2020, with the exception of those that use
unattended cardholder-activated terminals (UCAT). By October 14, 2022, UCAT
retailers must support EMV. Using NFC radio wave technology and compatible EMV
readers, EMV technology enables customers to securely make purchases using
their smartphones and other smart devices.
Promising
Government Initiatives: Government
of New Zealand is making it easier and more affordable for New Zealanders
across the country to drive zero-emission vehicles (ZEVs). The Government of
New Zealand is making investments to support the transformation towards
electrification, including $41 Mn for the Low Emission Transport Fund, $42 Mn
for government agencies to lease low-emission vehicles, and $302 Mn for
Incentivizing Uptake of Low-Emission Vehicles. New Zealand Transport Agency
(NZTA) and greening government operations will lead the increase in procurement
of electrical fleet vehicles installation of EV Charging Stations This will
generate the development of more EV Charging Stations, hence, OPTs at these
stations.
The report “New
Zealand Outdoor Payment Terminal Market Outlook to 2025F – Driven by
Increasing Penetration of Electric Vehicle Charging Infrastructure and Growing
Adoption of OPTs Among the Consumers” by Ken Research provides
a comprehensive analysis of the potential of Outdoor Payment Terminal Industry
in New Zealand. The report also covers overview and genesis of the industry,
market size in terms of installed base of OPTs; Adoption rate of OPTs on the
basis of consumer behavior; growth enablers and drivers, challenges and
bottlenecks, Industry disruption technologies; regulatory framework; product
comparison of different OPT brands, market shares of major OPT providers on the
basis of installed base of OPTs. The report concludes with long term outlook
Assessing the growth in Petroleum and Convenience Retail and EV Charging
Stations.
Key Segments
Covered
New Zealand
Outdoor Payment Market Sizing Analysis:
- By Total Sales of installed base of OPTs,
2021-2025F
- By Y-o-Y Sales of installed base of OPTs,
2021-2025F
- By Adoption Rate of OPTs on the basis of
Consumer Behavior, 2021-2025F
- Assessing the Growth in Petroleum Convenience
Stores, 2020-2025F
- Assessing the Growth in EV Charging Stations,
2020-2025F
Key Target
Audience
- Outdoor Payment Terminal Providers
- Outdoor Payment Terminal Distributors
- Payment Processing Companies
- Payment Switch Companies
- Fueling Stations
- Convenience Stores
- EV Charging Stations
- Research organizations and consulting
companies
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
OPT Terminal
Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDQ0
Time Period
Captured in the Report:
- Base Year: 2021
- Forecast Period: 2021– 2025F
Companies
Covered:
OPT
Providers
- Gilbarco Veeder-Root
- Ingenico
- NCR
- Invenco
- Compac
Key Topics
Covered in the Report
- New
Zealand Outdoor Payment Terminal Market Future Outlook
- Supply Side Ecosystem of New Zealand Outdoor
Payment Terminal Market
- Demand Side New Zealand Outdoor Payment
Terminal Market
- Snapshot on New Zealand EV Station Market
- Snapshot of New Zealand Fuel Stations Market
- Value Chain Analysis OPT Payment Terminal
Manufacturing Industry in New Zealand
- Enablers and Growth Drivers in New Zealand
Outdoor Payment Terminal Market
- Major Challenges and Bottlenecks in New
Zealand Outdoor Payment Terminal Market
- Entry Barriers in New Zealand Outdoor Payment
Terminal Market
- Regulatory Framework New Zealand Outdoor
Payment Terminal Market
- End User Analysis of New Zealand Outdoor
Payment Terminal Market
- Competitive Landscape in New Zealand Outdoor
Payment Terminal Market
- Market Share of Major OPT Providers in New
Zealand Outdoor Payment Terminal Market
- Detailed Analysis on New Zealand Outdoor
Payment Terminal Market (Market Size of Total Sales of OPTs on the basis
of installed base, 2021-2025F; Adoption Rate of OPTs on the basis of
Consumer Behavior, 2021-2025F, Assessing the Growth in PCR and EV Charging
Stations, 2020-2025F)
- Long Term Outlook for New Zealand Outdoor
Payment Terminal Market
Related
Reports
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Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
