Please Wait.....
Report
Mexico POS Terminals - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)
Market Report I 2026-01-16 I 104 Pages I Mordor Intelligence
Mexico POS Terminals Market Analysis
The Mexico POS Terminals Market was valued at USD 1.72 billion in 2025 and estimated to grow from USD 1.88 billion in 2026 to reach USD 2.92 billion by 2031, at a CAGR of 9.21% during the forecast period (2026-2031). Robust growth in the Mexico POS terminals market is propelled by government real-time payment rails, accelerating smartphone penetration, and post-pandemic shifts that favor hygienic, touch-free checkout experiences. Adoption gains cluster in urban retail hubs where fiscal incentives for electronic payments lower acceptance costs and nearshored hardware production shortens lead times. Fintech aggregators deepen competition by bundling payment acceptance with lending and analytics, while bank-acquirer control over 91% of installed terminals reinforces the role of traditional financial institutions. Security investments, highlighted by Nu's USD 100 million fraud-prevention outlay, counter high-profile breaches and sustain consumer trust in the Mexico POS terminals market.
Mexico POS Terminals Market Trends and Insights
Surge in Contactless-NFC Transactions
Mexico recorded 150% growth in contactless payments in 2024, turning NFC capability into a baseline requirement for merchants. Tap-to-pay dominates purchases below MXN 500, aided by 45,000 BBVA-deployed terminals across OXXO stores. Fiscal incentives under the 2023 decree and RMF24 cut hardware payback periods, which fuels terminal upgrades. Merchants benefit from faster checkout that lifts throughput, while consumers value reduced touchpoints. Event-driven demand from the FIFA World Cup 2026 will add further impetus as international visitors expect seamless NFC acceptance.
SME Adoption of Mobile POS Aggregators
Fintech aggregators simplify onboarding and offer flat-rate pricing that appeals to cost-sensitive SMEs. Mercado Pago has placed more than 1 million terminals, illustrating scale advantages rooted in platform economics. Clip's 3.6% fee structure undercuts bank tariffs and removes monthly charges, expanding acceptance in informal trade corridors. Aggregators now bundle inventory control and embedded lending, turning the POS into an operating hub rather than a payment gadget. Programs such as "Viernes Muy Mexicano" spur micro-merchants to formalize sales and adopt mobile POS for regulatory compliance. The outcome is sustained double-digit transaction growth that solidifies the Mexico POS terminals market trajectory.
Persistent Cash Preference and Unbanked Base
Cash still accounts for 38-40% of consumer payments, especially in rural districts where branch density remains low. Roughly 30% of adults lack a bank account, which caps immediate market penetration. Generational inclinations amplify resistance, with older demographics less inclined to adopt digital wallets. Government financial inclusion drives and expanding mobile bank apps nibble at the gap, yet the transition pace will trail typical technology lifecycles. Providers targeting the Mexico POS terminals market must layer CoDi acceptance and cash-in features to bridge trust deficits.
Other drivers and restraints analyzed in the detailed report include:
CoDi and DiMo Real-Time Payment RailsCOVID-19 Led Cashless Hygiene ShiftCard-Data Security and Fraud Exposure
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
Contact-based systems retained 79.05% market share in 2025, underscoring legacy investments across supermarkets and department stores. Nevertheless, contactless terminals are growing at an 10.78% CAGR, adding roughly 250,000 units annually to the Mexico POS terminals market size between 2026 and 2031. Merchants see direct revenue benefits as tap-to-pay lifts transaction throughput and ticket frequency. BBVA's nationwide rollout within OXXO locations validates the business case by capturing low-value, high-repeat purchases.
Consumer comfort with Apple Pay, Google Pay, and Mercado Pago wallets accelerates the pivot. Fiscal incentives under RMF24 allow merchants to deduct terminal costs faster, tilting ROI toward NFC devices. Events such as the 2026 World Cup will push short-cycle deployments to meet visitor expectations. Contact-based hardware will persist in low-volume segments, yet its contribution to the Mexico POS terminals market share is set to fall below 60% by 2031 as contactless overtakes.
The Mexico POS Terminals Market Report is Segmented by Mode of Payment Acceptance (Contact-Based, and Contactless), POS Type (Fixed Point-Of-Sale Systems, and Mobile/Portable Point-Of-Sale Systems), End-User Industry (Retail, Hospitality, Healthcare, Transportation and Logistics, and More). The Market Forecasts are Provided in Terms of Value (USD).
List of Companies Covered in this Report:
Ingenico Group SA Verifone Systems Inc. PAX Technology Limited Diebold Nixdorf Incorporated Newland Payment Technology Co., Ltd. BBPOS Limited Castles Technology Co., Ltd. Centerm Information Co., Ltd. Shenzhen Xinguodu Technology Co., Ltd. SZZT Electronics Co., Ltd. NCR Corporation NEC Corporation Sunmi Technology Co., Ltd. Wiseasy Technology Co., Ltd. Bitel Co., Ltd. Posiflex Technology Inc. Jabil Inc. Shenzhen NEWPOS Technology Co., Ltd.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET LANDSCAPE
4.1 Market Overview
4.2 Market Drivers
4.2.1 Surge in Contactless-NFC Transactions
4.2.2 SME Adoption of Mobile POS Aggregators
4.2.3 CoDi and DiMo Real-Time Payment Rails
4.2.4 COVID-19-Led Cashless Hygiene Shift
4.2.5 Embedded Lending and Data-Driven Analytics
4.2.6 Rise of Software-only SoftPOS Solutions
4.3 Market Restraints
4.3.1 Persistent Cash Preference and Unbanked Base
4.3.2 Card-Data Security and Fraud Exposure
4.3.3 Terminal Hardware Supply-Chain Volatility
4.3.4 Merchant Friction on DiMo/CoDi Fees and UX
4.4 Industry Value Chain Analysis
4.5 Impact of Macroeconomic Factors
4.6 Regulatory Landscape
4.7 Technological Outlook
4.8 Porter's Five Forces Analysis
4.8.1 Bargaining Power of Suppliers
4.8.2 Bargaining Power of Buyers
4.8.3 Threat of New Entrants
4.8.4 Threat of Substitutes
4.8.5 Intensity of Competitive Rivalry
4.9 Impact of Macroeconomic Factors
5 MARKET SIZE AND GROWTH FORECASTS (USD)
5.1 By Mode of Payment Acceptance
5.1.1 Contact-based
5.1.2 Contactless
5.2 By POS Type
5.2.1 Fixed Point-of-Sale Systems
5.2.2 Mobile / Portable Point-of-Sale Systems
5.3 By End-User Industry
5.3.1 Retail
5.3.2 Hospitality
5.3.3 Healthcare
5.3.4 Transportation and Logistics
5.3.5 Other End-user Industries
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share Analysis
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
6.4.1 Ingenico Group SA
6.4.2 Verifone Systems Inc.
6.4.3 PAX Technology Limited
6.4.4 Diebold Nixdorf Incorporated
6.4.5 Newland Payment Technology Co., Ltd.
6.4.6 BBPOS Limited
6.4.7 Castles Technology Co., Ltd.
6.4.8 Centerm Information Co., Ltd.
6.4.9 Shenzhen Xinguodu Technology Co., Ltd.
6.4.10 SZZT Electronics Co., Ltd.
6.4.11 NCR Corporation
6.4.12 NEC Corporation
6.4.13 Sunmi Technology Co., Ltd.
6.4.14 Wiseasy Technology Co., Ltd.
6.4.15 Bitel Co., Ltd.
6.4.16 Posiflex Technology Inc.
6.4.17 Jabil Inc.
6.4.18 Shenzhen NEWPOS Technology Co., Ltd.
7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK
7.1 White-space and Unmet-Need Assessment
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security