Retail RFID Advancements: Possibilities of The Point of Sale Industry Global Markets and ...

From PR Web (press release), WA ... research investigated a variety of technologies driving the evolution of the black box at the checkout such as IP enablement, Contactless Cards, and RFID Tags. ...

" ... The world is rapidly shifting from cash and checks to electronic payments. POS terminals, as the interface between the consumer and the banking networks, are at the core of the movement. Prior Mercator Advisory Group research investigated a variety of technologies driving the evolution of the black box at the checkout such as IP enablement, Contactless Cards, and RFID Tags. This report delves into the Global marketplace for POS Terminals and analyzes the regions and vendors that are implementing changes that are radically altering the shape of retail payments ... "

Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments industry. They deliver pragmatic and timely research and advice designed to help clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Their clients range from the world's largest payment issuers, acquirers, processors and associations to leading technology providers. Mercator Advisory Group's Emerging Technologies Advisory Service focuses on newly emerging consumer payment technologies that stand to impact significantly the future of the industry. At present, a large emphasis of this service is on Chip/Smart Card technologies, mobile payment initiatives, chip card applications and programs, RFID devices, emerging authentication mechanisms (biometrics, etc.), purse/wallet initiatives, transportation/identity linked programs and the drivers for success in these increasingly important sectors. This service also looks closely at POS device advancements, technical product innovation, standards development, e-commerce initiatives and the drivers for success moving forward.