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Report
North America Renting and Leasing Test and Measurement Equipment Market
Market Report I 2024-08-01 I 341 Pages I Data Bridge Market Research
North America renting and leasing test and measurement equipment market is expected to reach USD 3.53 billion by 2031 from USD 2.46 billion in 2023, growing with a CAGR of 4.8% in the forecast period of 2024 to 2031.
Market Segmentation:
North America Renting and Leasing Test and Measurement Equipment Market, By Offering (Hardware and Services), Component (Cable Assemblies, Connectors, Value Added Accessories, and Others), System Type (Sensing System, Connectivity System, Safety & Security System, Human Machine Interface (HMI), Power & Energy Management System, Motor Control System, and Lighting System), Type (Rent and Lease), Features (Diagnostic Equipment, Electrical Sensing, Metering ICS, and Others), End-User (IT & Telecommunication, Automotive, Aerospace & Defense, Industrial, Consumer Electronics, Energy & Utilities, Medical Equipment, and Others), Countries (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2031
Overview of the North America renting and leasing test and measurement equipment market dynamics :
Driver
- Increasing maintenance of support services reduces operational burden
Restraint
- Requirement of significant financial outlay
Opportunity
- Partnership & collaboration with technology providers
Market Players:
The key player of North America renting and leasing test and measurement equipment market are listed below:
- Siemens
- Keysight Technologies
- Rohde & Schwarz
- Fortive
- Emerson Electric Co.
- Texas Instruments Incorporated
- ADVANTEST CORPORATION
- Viavi Solutions
- Yokogawa Electric Corporation
- STMicroelectronics
- Learnado DRS
- General electric company
- Anritsu
- EXFO Inc.
- Megger
- ADLINK Technology Inc.
- Transcat, Inc
- electrorent com.Inc
- Good Will Instrument Co, Ltd
- Leader Electronics of Europe Limited (A Subsidiary of Leader Electronics Corporation)
- Doble Engineering Company
- Bird
- Boonton Electronics
- Saluki Technology
- FLUKE NETWORKS
- DS INSTRUMENTS
1 INTRODUCTION 87
1.1 OBJECTIVES OF THE STUDY 87
1.2 MARKET DEFINITION 87
1.3 OVERVIEW OF THE NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET 87
1.4 CURRENCY AND PRICING 89
1.5 LIMITATIONS 89
1.6 MARKETS COVERED 90
2 MARKET SEGMENTATION 95
2.1 MARKETS COVERED 95
2.2 GEOGRAPHICAL SCOPE 96
2.3 YEARS CONSIDERED FOR THE STUDY 97
2.4 DBMR TRIPOD DATA VALIDATION MODEL 98
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 101
2.6 DBMR MARKET POSITION GRID 102
2.7 MARKET END-USER COVERAGE GRID 104
2.8 VENDOR SHARE ANALYSIS 105
2.9 MULTIVARIATE MODELING 106
2.10 OFFERING TIMELINE CURVE 107
2.11 SECONDARY SOURCES 108
2.12 ASSUMPTIONS 108
3 EXECUTIVE SUMMARY 109
4 PREMIUM INSIGHTS 115
4.1 PORTERS FIVE FORCES 116
4.2 CASE STUDY 117
4.3 PATENT ANALYSIS 119
4.4 REGULATORY STANDARDS 121
4.5 TECHNOLOGICAL TRENDS 123
4.6 VALUE CHAIN ANALYSIS 125
4.7 VENDOR SELECTION CRITERIA 127
5 MARKET OVERVIEW 129
5.1 DRIVERS 131
5.1.1 INCREASING MAINTENANCE OF SUPPORT SERVICES REDUCES OPERATIONAL BURDEN 131
5.1.2 INCREASING DEMAND OF PROJECT BASED EQUIPMENT 132
5.1.3 RAPID ADVANCEMENT IN TECHNOLOGICAL INNOVATION 133
5.1.4 REGULAR MAINTENANCE AND STRATEGIC UPGRADES REDUCE DEPRECIATION RISK AND FINANCIAL LOSS 133
5.2 RESTRAINTS 134
5.2.1 REQUIREMENT OF SIGNIFICANT FINANCIAL OUTLAY 134
5.2.2 LIMITED AVAILABILITY OF SPECIALIZED EQUIPMENT 135
5.3 OPPORTUNITIES 136
5.3.1 PARTNERSHIP & COLLABORATION WITH TECHNOLOGY PROVIDERS 136
5.3.2 INCREASING DEMAND FOR GREEN INITIATIVES AND SUSTAINABILITY 136
5.3.3 GROWING INDUSTRIALIZATION AND TECHNOLOGICAL ADOPTION 137
5.4 CHALLENGES 138
5.4.1 MONITORING AND HANDLING HIGH-VALUE, SPECIALIZED TESTING EQUIPMENT 138
5.4.2 INTENSE COMPETITION AND SATURATION REQUIRE DISTINCTIVE INNOVATIONS TO STAY COMPETITIVE 139
6 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY OFFERING 140
6.1 OVERVIEW 141
6.2 HARDWARE 142
6.2.1 HARDWARE, BY TYPE 143
6.2.1.1 GENERAL-PURPOSE TEST EQUIPMENT (GPTE) 143
6.2.1.1.1 GENERAL-PURPOSE TEST EQUIPMENT (GPTE), BY TYPE 144
6.2.1.1.1.1 MULTI METERS 144
6.2.1.1.1.2 SIGNAL GENERATORS 144
6.2.1.1.1.3 OSCILLOSCOPES 144
6.2.1.1.1.4 SPECTRUM ANALYZERS 145
6.2.1.1.1.5 AUTOMATED TEST EQUIPMENT (ATE) 145
6.2.1.1.1.6 POWER SUPPLIES 145
6.2.1.1.1.7 BERT SOLUTIONS (BIT ERROR RATE TESTERS) 145
6.2.1.1.1.8 MODULAR INSTRUMENTS 145
6.2.1.1.1.9 LOGIC ANALYZERS 145
6.2.1.1.1.10 POWER METERS 145
6.2.1.1.1.11 ELECTRONIC COUNTERS 145
6.2.1.2 SEMICONDUCTOR TEST EQUIPMENT 146
6.2.1.3 NETWORK MEASUREMENT EQUIPMENT 146
6.2.1.3.1 NETWORK MEASUREMENT EQUIPMENT, BY TYPE 146
6.2.1.3.1.1 WIRED 146
6.2.1.3.1.2 WIRELESS 146
6.2.1.3.1.3 MECHANICAL TEST EQUIPMENT (MTE) 146
6.2.1.3.2 MECHANICAL TEST EQUIPMENT (MTE), BY TYPE 147
6.2.1.3.2.1 MACHINE CONDITION MONITORING SYSTEMS 147
6.2.1.3.2.2 MACHINE VISION INSPECTION SYSTEMS 147
6.2.1.3.2.3 NON-DESTRUCTIVE TEST EQUIPMENT 147
6.2.1.3.2.4 OTHERS 147
6.2.1.4 OPTICAL FIBER CONNECTION EQUIPMENT 148
6.2.1.5 RF TEST CHAMBERS 148
6.2.1.6 OTHERS 148
6.3 SERVICES 149
6.3.1 MANAGED SERVICES 149
6.3.2 PROFESSIONAL SERVICES 149
6.3.2.1 PROFESSIONAL SERVICES, BY TYPE 150
6.3.2.1.1 REPAIR/AFTER SALES SERVICES 150
6.3.2.1.2 CONSULTING AND TRAINING 150
6.3.2.1.3 ENVIRONMENT PRODUCT TESTING 150
7 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY TYPE 151
7.1 OVERVIEW 152
7.2 RENT 153
7.3 LEASE 154
8 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY FEATURES 155
8.1 OVERVIEW 156
8.2 DIAGNOSTIC EQUIPMENT 157
8.2.1 PATIENT MONITORING 158
8.2.2 BLOOD PRESSURE MONITOR 158
8.2.3 GLUCOSE METER 158
8.2.4 DIGITAL THERMOMETER 158
8.2.5 OTHERS 158
8.3 ELECTRICAL SENSING 159
8.3.1 HIGH-SIDE SENSING 159
8.3.2 LOW-SIDE SENSING 159
8.4 METERING ICS 160
8.4.1 SMART METERS & ENERGY METERING SOLUTIONS 160
8.4.2 ICS FOR SMART PLUGS 160
8.5 OTHERS 161
9 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY COMPONENT 162
9.1 OVERVIEW 163
9.2 CABLE ASSEMBLIES 164
9.3 CONNECTORS 165
9.4 VALUE ADDED SERVICES 165
9.5 OTHERS 166
10 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY SYSTEM TYPE 167
10.1 OVERVIEW 168
10.2 SENSING SYSTEM 169
10.3 CONNECTIVITY SYSTEM 170
10.4 SAFETY & SECURITY SYSTEM 170
10.5 HUMAN MACHINE INTERFACE (HMI) 171
10.6 POWER & ENERGY MANAGEMENT SYSTEM 171
10.7 MOTOR CONTROL SYSTEM 172
10.8 LIGHTING SYSTEM 172
11 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY END USER 173
11.1 OVERVIEW 174
11.2 IT & TELECOMMUNICATION 175
11.2.1 BY OFFERING 176
11.2.1.1 HARDWARE 176
11.2.1.2 SERVICES 176
11.2.2 BY TYPE 176
11.2.2.1 TELECOM CENTER 176
11.2.2.2 DATA CENTER 176
11.2.2.3 ENTERPRISE NETWORKS 177
11.2.2.4 BROADCAST NETWORKS 177
11.2.3 BY APPLICATION 177
11.2.3.1 PERFORMANCE MONITORING 177
11.2.3.2 NETWORK OPTIMIZATION 177
11.2.3.3 TROUBLESHOOTING AND FAULT DIAGNOSIS 178
11.2.3.4 SYSTEM INTEGRATION AND VALIDATION 178
11.2.3.5 NETWORK INSTALLATION AND MAINTENANCE 178
11.2.3.6 CUSTOMER PREMISES EQUIPMENT (CPE) TESTING 178
11.2.3.7 OTHERS 178
11.3 AUTOMOTIVE 179
11.3.1 BY OFFERING 179
11.3.1.1 HARDWARE 179
11.3.1.2 SERVICES 179
11.3.2 BY APPLICATION 179
11.3.2.1 ADAS 180
11.3.2.2 AUTOMOTIVE MOTOR CONTROL 180
11.3.2.3 IN-VEHICLE INFOTAINMENT 180
11.3.2.4 MOBILITY SERVICES 180
11.3.2.5 BODY AND CONVENIENCE 180
11.4 AEROSPACE AND DEFENCE 181
11.4.1 BY OFFERING 181
11.4.1.1 HARDWARE 181
11.4.1.2 SERVICES 181
11.4.2 BY APPLICATION 181
11.4.2.1 AVIONICS 182
11.4.2.2 RADAR 182
11.4.2.3 COMMUNICATION SYSTEMS 182
11.4.2.4 SATELLITE TECHNOLOGY 182
11.4.2.5 ELECTRONIC WARFARE SYSTEMS 182
11.4.2.6 OTHERS 182
11.5 INDUSTRIAL 183
11.5.1 BY OFFERING 183
11.5.1.1 HARDWARE 183
11.5.1.2 SERVICES 183
11.5.2 BY APPLICATION 184
11.5.2.1 FACTORY AUTOMATION 184
11.5.2.2 ENERGY GENERATION & DISTRIBUTION 184
11.5.2.3 MEDICAL & HEALTHCARE 184
11.5.2.4 METERING 184
11.5.2.5 ASSET TRACKING 184
11.5.2.6 LIGHTING & CONTROL 185
11.6 CONSUMER ELECTRONICS 185
11.6.1 BY OFFERING 185
11.6.1.1 HARDWARE 185
11.6.1.2 SERVICES 185
11.6.2 BY APPLICATION 186
11.6.2.1 SMARTPHONES & TABLETS 186
11.6.2.2 AUDIO & VIDEO 186
11.6.2.3 WEARABLES 186
11.6.2.4 GAMING & DRONES 186
11.6.2.5 AUGMENTED/VIRTUAL REALITY (AR/VR) 186
11.6.2.6 OTHERS 186
11.7 ENERGY & UTILITIES 187
11.7.1 BY OFFERING 187
11.7.1.1 HARDWARE 187
11.7.1.2 SERVICES 187
11.8 MEDICAL EQUIPMENT 188
11.8.1 BY OFFERING 188
11.8.1.1 HARDWARE 188
11.8.1.2 SERVICES 188
11.9 OTHERS 189
11.9.1 BY OFFERING 189
11.9.1.1 HARDWARE 189
11.9.1.2 SERVICES 189
12 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION 190
12.1 NORTH AMERICA 192
12.1.1 U.S. 202
12.1.2 CANADA 212
12.1.3 MEXICO 222
13 NORTH AMERICA RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, COMPANY LANDSCAPE 232
13.1 COMPANY SHARE ANALYSIS: NORTH AMERICA
14 SWOT ANALYSIS 233
15 COMPANY PROFILE 234
15.1 SIEMENS 234
15.1.1 COMPANY SNAPSHOT 234
15.1.2 REVENUE ANALYSIS 235
15.1.3 COMPANY SHARE ANALYSIS 235
15.1.4 PRODUCT PORTFOLIO 236
15.1.5 RECENT DEVELOPMENTS 237
15.2 KEYSIGHT TECHNOLOGIES 240
15.2.1 COMPANY SNAPSHOT 240
15.2.2 REVENUE ANALYSIS 241
15.2.3 COMPANY SHARE ANALYSIS 241
15.2.4 PRODUCT PORTFOLIO 242
15.2.5 RECENT DEVELOPMENTS 243
15.3 ROHDE & SCHWARZ 244
15.3.1 COMPANY SNAPSHOT 244
15.3.2 COMPANY SHARE ANALYSIS 244
15.3.3 PRODUCT PORTFOLIO 245
15.3.4 RECENT DEVELOPMENTS 245
15.4 FORTIVE 247
15.4.1 COMPANY SNAPSHOT 247
15.4.2 REVENUE ANALYSIS 247
15.4.3 COMPANY SHARE ANALYSIS 248
15.4.4 SOLUTION PORTFOLIO 248
15.4.5 RECENT DEVELOPMENT 248
15.5 EMERSON ELECTRIC CO 249
15.5.1 COMPANY SNAPSHOT 249
15.5.2 REVENUE ANALYSIS 250
15.5.3 COMPANY SHARE ANALYSIS 250
15.5.4 PRODUCT PORTFOLIO 251
15.5.5 RECENT DEVELOPMENTS 253
15.6 ADLINK TECHNOLOGY 256
15.6.1 COMPANY SNAPSHOT 256
15.6.2 REVENUE ANALYSIS 256
15.6.3 PRODUCT PORTFOLIO 257
15.6.4 RECENT DEVELOPMENTS 258
15.7 ADVANTEST CORPORATION 259
15.7.1 COMPANY SNAPSHOT 259
15.7.2 REVENUE ANALYSIS 260
15.7.3 PRODUCT PORTFOLIO 260
15.7.4 RECENT DEVELOPMENT 263
15.8 ANRITSU 265
15.8.1 COMPANY SNAPSHOT 265
15.8.2 REVENUE ANALYSIS 265
15.8.3 PRODUCT PORTFOLIO 266
15.8.4 RECENT DEVELOPMENTS 268
15.9 BIRD 270
15.9.1 COMPANY SNAPSHOT 270
15.9.2 PRODUCT PORTFOLIO 270
15.9.3 RECENT DEVELOPMENTS 273
15.10 BOONTON ELECTRONICS 274
15.10.1 COMPANY SNAPSHOT 274
15.10.2 SOLUTION PORTFOLIO 274
15.10.3 RECENT DEVELOPMENTS 276
15.11 DOBLE ENGINEERING COMPANY 277
15.11.1 COMPANY SNAPSHOT 277
15.11.2 PRODUCT PORTFOLIO 277
15.11.3 RECENT DEVELOPMENTS 279
15.12 DS INSTRUMENTS 281
15.12.1 COMPANY SNAPSHOT 281
15.12.2 PRODUCT PORTFOLIO 281
15.12.3 RECENT DEVELOPMENT 282
15.13 ELECTRORENT COM.INC 283
15.13.1 COMPANY SNAPSHOT 283
15.13.2 PRODUCT PORTFOLIO 283
15.13.3 RECENT DEVELOPMENTS 284
15.13.4 RECENT DEVELOPMENTS 285
15.14 EXFO INC. 287
15.14.1 COMPANY SNAPSHOT 287
15.14.2 PRODUCT AND SERVICE PORTFOLIO 287
15.14.3 RECENT DEVELOPMENTS 289
15.15 FLUKE NETWORKS 291
15.15.1 COMPANY SNAPSHOT 291
15.15.2 PRODUCT PORTFOLIO 291
15.15.3 RECENT DEVELOPMENTS 298
15.16 GENERAL ELECTRIC COMPANY 300
15.16.1 COMPANY SNAPSHOT 300
15.16.2 REVENUE ANALYSIS 300
15.16.3 SERVICE PORTFOLIO 301
15.16.4 RECENT DEVELOPMENTS 302
15.17 GOOD WILL INSTRUMENT CO, LTD 303
15.17.1 COMPANY SNAPSHOT 303
15.17.2 REVENUE ANALYSIS 303
15.17.3 PRODUCT PORTFOLIO 304
15.17.4 RECENT DEVELOPMENTS 304
15.18 LEADER ELECTRONICS OF EUROPE LIMITED (A SUBSIDIARY OF LEADER ELECTRONICS CORPORATION) 305
15.18.1 COMPANY SNAPSHOT 305
15.18.2 REVENUE ANALYSIS 305
15.18.3 RECENT DEVELOPMENTS 307
15.19 LEARNADO DRS 308
15.19.1 COMPANY SNAPSHOT 308
15.19.2 REVENUE ANALYSIS 308
15.19.3 PRODUCT PORTFOLIO 309
15.19.4 RECENT DEVELOPMENTS 310
15.20 MEGGER 311
15.20.1 COMPANY SNAPSHOT 311
15.20.2 PRODUCT PORTFOLIO 311
15.20.3 RECENT DEVELOPMENTS 314
15.21 SALUKI TECHNOLOGY 316
15.21.1 COMPANY SNAPSHOT 316
15.21.2 PRODUCT PORTFOLIO 316
15.21.3 RECENT DEVELOPMENTS 316
15.22 STMICROELECTRONICS 318
15.22.1 COMPANY SNAPSHOT 318
15.22.2 REVENUE ANALYSIS 319
15.22.3 PRODUCT PORTFOLIO 319
15.22.4 RECENT DEVELOPMENTS 320
15.23 TEXAS INSTRUMENTS INCORPORATED 321
15.23.1 COMPANY SNAPSHOT 321
15.23.2 REVENUE ANALYSIS 321
15.23.3 PRODUCT PORTFOLIO 322
15.23.4 RECENT DEVELOPMENT 324
15.24 TRANSCAT, INC. 326
15.24.1 COMPANY SNAPSHOT 326
15.24.2 REVENUE ANALYSIS 326
15.24.3 PRODUCT PORTFOLIO 327
15.24.4 RECENT DEVELOPMENTS 327
15.25 VIAVI SOLUTIONS 329
15.25.1 COMPANY SNAPSHOT 329
15.25.2 REVENUE ANALYSIS 329
15.25.3 PRODUCT PORTFOLIO 330
15.25.4 RECENT DEVELOPMENTS 332
15.26 YOKOGAWA ELECTRIC CORPORATION 333
15.26.1 COMPANY SNAPSHOT 333
15.26.2 REVENUE ANALYSIS 333
15.26.3 PRODUCT PORTFOLIO 334
15.26.4 RECENT DEVELOPMENTS 336
16 QUESTIONNAIRE 337
17 RELATED REPORTS 341
15.11.2 PRODUCT PORTFOLIO 277
15.11.3 RECENT DEVELOPMENTS 279
15.12 DS INSTRUMENTS 281
15.12.1 COMPANY SNAPSHOT 281
15.12.2 PRODUCT PORTFOLIO 281
15.12.3 RECENT DEVELOPMENT 282
15.13 ELECTRORENT COM.INC 283
15.13.1 COMPANY SNAPSHOT 283
15.13.2 PRODUCT PORTFOLIO 283
15.13.3 RECENT DEVELOPMENTS 284
15.13.4 RECENT DEVELOPMENTS 285
15.14 EXFO INC. 287
15.14.1 COMPANY SNAPSHOT 287
15.14.2 PRODUCT AND SERVICE PORTFOLIO 287
15.14.3 RECENT DEVELOPMENTS 289
15.15 FLUKE NETWORKS 291
15.15.1 COMPANY SNAPSHOT 291
15.15.2 PRODUCT PORTFOLIO 291
15.15.3 RECENT DEVELOPMENTS 298
15.16 GENERAL ELECTRIC COMPANY 300
15.16.1 COMPANY SNAPSHOT 300
15.16.2 REVENUE ANALYSIS 300
15.16.3 SERVICE PORTFOLIO 301
15.16.4 RECENT DEVELOPMENTS 302
15.17 GOOD WILL INSTRUMENT CO, LTD 303
15.17.1 COMPANY SNAPSHOT 303
15.17.2 REVENUE ANALYSIS 303
15.17.3 PRODUCT PORTFOLIO 304
15.17.4 RECENT DEVELOPMENTS 304
15.18 LEADER ELECTRONICS OF EUROPE LIMITED (A SUBSIDIARY OF LEADER ELECTRONICS CORPORATION) 305
15.18.1 COMPANY SNAPSHOT 305
15.18.2 REVENUE ANALYSIS 305
15.18.3 RECENT DEVELOPMENTS 307
15.19 LEARNADO DRS 308
15.19.1 COMPANY SNAPSHOT 308
15.19.2 REVENUE ANALYSIS 308
15.19.3 PRODUCT PORTFOLIO 309
15.19.4 RECENT DEVELOPMENTS 310
15.20 MEGGER 311
15.20.1 COMPANY SNAPSHOT 311
15.20.2 PRODUCT PORTFOLIO 311
15.20.3 RECENT DEVELOPMENTS 314
15.21 SALUKI TECHNOLOGY 316
15.21.1 COMPANY SNAPSHOT 316
15.21.2 PRODUCT PORTFOLIO 316
15.21.3 RECENT DEVELOPMENTS 316
15.22 STMICROELECTRONICS 318
15.22.1 COMPANY SNAPSHOT 318
15.22.2 REVENUE ANALYSIS 319
15.22.3 PRODUCT PORTFOLIO 319
15.22.4 RECENT DEVELOPMENTS 320
15.23 TEXAS INSTRUMENTS INCORPORATED 321
15.23.1 COMPANY SNAPSHOT 321
15.23.2 REVENUE ANALYSIS 321
15.23.3 PRODUCT PORTFOLIO 322
15.23.4 RECENT DEVELOPMENT 324
15.24 TRANSCAT, INC. 326
15.24.1 COMPANY SNAPSHOT 326
15.24.2 REVENUE ANALYSIS 326
15.24.3 PRODUCT PORTFOLIO 327
15.24.4 RECENT DEVELOPMENTS 327
15.25 VIAVI SOLUTIONS 329
15.25.1 COMPANY SNAPSHOT 329
15.25.2 REVENUE ANALYSIS 329
15.25.3 PRODUCT PORTFOLIO 330
15.25.4 RECENT DEVELOPMENTS 332
15.26 YOKOGAWA ELECTRIC CORPORATION 333
15.26.1 COMPANY SNAPSHOT 333
15.26.2 REVENUE ANALYSIS 333
15.26.3 PRODUCT PORTFOLIO 334
15.26.4 RECENT DEVELOPMENTS 336
16 QUESTIONNAIRE 337
17 RELATED REPORTS 341
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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.
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- Website security