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
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