Sticker Printer Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material (Vinyl, Biaxially Oriented Polypropylene, Holographic, Glitter, Others), By Format (Pages, Kiss-Cut Singles, Rolles Labels, Die-Cut Singles, Sheet Labels), By Connectivity (Wired, Wireless), By Application (Manufacturing, Healthcare, Food & Beverage, Logistics, Consumer Durables, Others), By Region, and By Competition, 2018-2028
Market Report I 2023-11-07 I 180 Pages I TechSci Research
The global Sticker Printer market is experiencing notable growth and transformation due to the increasing demand for label printing in various industries. Sticker printers are essential for creating labels used in product packaging, shipping, inventory management, and branding. This market's dynamism can be attributed to several key factors.
Firstly, the growth in e-commerce and online retail has significantly elevated the demand for sticker printers. With the rise of online shopping, businesses require efficient and high-quality label printing solutions to handle product labeling, shipping, and tracking. Sticker printers play a pivotal role in streamlining these processes.
Secondly, the market has witnessed technological advancements that have improved the speed, accuracy, and versatility of sticker printers. These innovations have led to increased adoption across multiple industries, including manufacturing, logistics, healthcare, and retail. Moreover, the integration of user-friendly interfaces and mobile applications has made these devices more accessible to a broader user base.
Additionally, a shift toward sustainable and eco-friendly labeling solutions has emerged as a market trend. Sticker printers are being used to produce labels with biodegradable materials, contributing to environmentally responsible practices. This eco-conscious approach is resonating with both businesses and consumers.
Furthermore, the integration of wireless connectivity options and cloud-based label printing solutions has enhanced the flexibility and convenience of sticker printers, aligning them with the growing trends of remote work and mobile operations.
Finally, regulatory requirements, particularly in healthcare and pharmaceuticals, are driving the demand for sticker printers with features that ensure compliance, such as tamper-evident labels and serialization capabilities.
Key Market Drivers
Rising Demand for Customized and On-Demand Printing
One of the primary drivers of the Sticker Printer market is the increasing demand for customized and on-demand printing. As consumers seek unique and personalized products, businesses require the ability to produce stickers, labels, and decals that can be tailored to individual preferences. Sticker printers enable this trend, allowing businesses to cater to specific customer requirements efficiently.
Growing E-commerce and Packaging Industry
The e-commerce sector's exponential growth has led to an increased demand for effective packaging and labeling solutions. Sticker printers play a vital role in creating attractive and informative labels for packages. As online shopping continues to expand, the demand for sticker printers to generate these labels and manage product identification and branding also grows.
Advancements in Digital Printing Technology
Technological advancements in digital printing have significantly driven the Sticker Printer market. Improved inkjet and laser printing technologies enable high-resolution, full-color printing with speed and precision. These advancements result in higher print quality, faster production, and more cost-effective operations, further stimulating market growth.
Expanding Small and Medium-Sized Enterprises (SMEs)
Small and medium-sized enterprises (SMEs) are increasingly turning to in-house printing solutions for stickers and labels. Sticker printers allow SMEs to have greater control over production, reduce outsourcing costs, and quickly adapt to market changes. This trend drives the adoption of sticker printers among SMEs and contributes to market expansion.
Increased Focus on Eco-Friendly and Sustainable Printing
Growing environmental awareness and regulations have fostered a shift toward sustainable and eco-friendly printing practices. Sticker printer manufacturers are responding by offering products that use biodegradable inks and materials, as well as supporting recycling and waste reduction. This emphasis on sustainability resonates with environmentally conscious consumers and businesses, driving demand for eco-friendly sticker printers.
Key Market Challenges
Intense Competition and Price Pressure
The Sticker Printer market is highly competitive, with numerous players offering a wide range of products. This competition exerts significant pressure on pricing, making it challenging for manufacturers to maintain profit margins. Smaller and newer entrants often struggle to compete with well-established companies that can offer cost-effective solutions, which can lead to consolidation and reduced market entry opportunities.
Rapid Technological Advancements
The rapid evolution of printing technology presents a challenge for Sticker Printer manufacturers. They must continually invest in research and development to stay current and meet evolving customer demands. Keeping up with technological advancements, such as higher resolutions, faster printing speeds, and better color management, requires substantial resources and can create obstacles for smaller players in the market.
Environmental Regulations and Sustainability
Environmental concerns are increasingly affecting the Sticker Printer market. Strict regulations on the use of certain chemicals, inks, and materials necessitate compliance and investment in eco-friendly solutions. Manufacturers are challenged to develop and offer sustainable printing options, such as biodegradable inks and recyclable materials. Failing to do so can result in reputational damage and legal implications.
Supply Chain Disruptions
Global supply chain disruptions, such as the COVID-19 pandemic, have highlighted the vulnerability of the Sticker Printer market. Interruptions in the supply of components, materials, and spare parts can lead to production delays, increased costs, and challenges in meeting customer demand. Maintaining a stable and resilient supply chain is an ongoing challenge.
Evolving Consumer Preferences and Customization
Consumer preferences are constantly evolving, with increasing demand for customized and personalized products. Sticker Printer manufacturers need to adapt to these preferences, providing solutions that can handle variable data printing and on-demand customization. This necessitates investments in software and hardware that can cater to a wide range of customer needs.
Key Market Trends
Growing Adoption of Digital Label Printing
The global Sticker Printer market is experiencing a significant trend towards digital label printing. Traditional label printing methods are being replaced by digital solutions due to their cost-effectiveness, flexibility, and the ability to meet the demands of smaller print runs. Companies across various industries are adopting digital Sticker Printers to create high-quality labels and stickers that enhance branding and allow for quick customization.
Increased Demand for Portable and Desktop Sticker Printers
The market is witnessing a surge in the demand for portable and desktop Sticker Printers. These compact, user-friendly printers are ideal for small businesses, home-based operations, and industries requiring on-demand labeling. Portable Sticker Printers enable users to create labels and stickers wherever needed, contributing to improved efficiency and reducing lead times.
Customization and Personalization
Consumers are increasingly seeking customized and personalized products. This trend is driving the adoption of Sticker Printers in various industries, from food and beverage to cosmetics and retail. Sticker Printers allow businesses to create unique labels tailored to individual customer preferences, thus strengthening brand loyalty and product differentiation.
Sustainability and Eco-Friendly Labeling
Sustainability is a growing concern, and it's influencing the Sticker Printer market. Businesses are shifting towards eco-friendly label materials and inks. Sticker Printers that support environmentally responsible practices, such as using biodegradable materials and eco-inks, are in demand. Sustainable labeling not only caters to conscious consumers but also complies with stringent environmental regulations.
Integration with IoT and Smart Labels
The integration of Sticker Printers with the Internet of Things (IoT) and smart labeling technology is another prominent trend. Smart labels, equipped with RFID tags and sensors, are becoming popular in logistics, inventory management, and retail. Sticker Printers are evolving to meet the demands of smart labeling, enabling real-time tracking, data collection, and improved supply chain visibility.
Segmental Insights
Material Insights
Vinyl segment dominates in the global Sticker Printer market in 2022. Vinyl stickers are known for their durability and ability to withstand various environmental conditions. They are resistant to moisture, UV rays, and extreme temperatures, making them suitable for both indoor and outdoor applications. This durability ensures that vinyl stickers maintain their quality and appearance over an extended period, which is crucial for many use cases.
Vinyl materials provide an excellent surface for high-quality printing. They can capture vibrant colors and intricate details, which is essential for applications where aesthetics and visual appeal are critical, such as product labels, branding, and marketing materials.
Vinyl stickers come in a range of types, including matte, glossy, clear, and textured finishes. This versatility allows for customization to meet specific needs, whether it's for product packaging, vehicle graphics, wall decals, or window displays. The ability to choose the right vinyl material type for the job is a key factor driving their dominance.
Vinyl stickers are user-friendly. They come with adhesive backing that allows for easy application on various surfaces, such as glass, plastic, metal, and paper. At the same time, they can be removed without leaving adhesive residue behind. This feature is particularly beneficial for short-term promotional campaigns and temporary branding.
Format Insights
Rolls Labels segment dominates in the global Sticker Printer market in 2022. Roll labels are designed for high-speed and efficient printing and application processes. These labels are wound onto rolls, which allows for uninterrupted, rapid printing. This efficiency is crucial for industries where time-sensitive labeling is a priority, such as manufacturing, logistics, and retail.
Roll labels are highly compatible with automatic labeling machines and applicators. This compatibility streamlines industrial labeling processes and reduces labor costs. Automated labeling ensures consistent and precise label placement, increasing overall operational efficiency.
Roll labels are cost-effective for bulk printing. Ordering labels in rolls often results in lower per-unit costs, which makes them the preferred choice for large-scale production. Companies with high-volume labeling needs, such as product manufacturers and distributors, can significantly reduce their labeling expenses by choosing rolls labels.
Regional Insights
North America dominates the Global Sticker Printer Market in 2022. North America, particularly the United States and Canada, is characterized by high levels of economic prosperity and disposable income. This affluence has driven strong consumer demand for a wide range of products, including customized and personalized items like stickers and labels. As a result, businesses in North America have increasingly adopted Sticker Printers to meet these consumer needs.
The North American region is a global hub for technological innovations and advancements. It is home to leading technology companies, fostering rapid development in printing technology. This has led to the availability of state-of-the-art sticker printing equipment that is highly efficient, offers high-quality output, and can cater to various industries and applications. The continuous innovation in Sticker Printer technology has given North American companies a competitive edge.
The surge in e-commerce activities in North America, especially in the United States, has been a major driver of the Sticker Printer market. E-commerce companies heavily rely on stickers and labels for packaging and branding. The need for efficient, high-quality label printing equipment to meet the demands of e-commerce has significantly boosted the Sticker Printer market in the region.
North America is home to a diverse range of industries, including retail, food and beverages, healthcare, automotive, and more. These industries use stickers and labels extensively for branding, product identification, and regulatory compliance. The need for customized and on-demand printing solutions provided by Sticker Printers is vital in these sectors.
Key Market Players
Brother Industries, Ltd.
Epson America, Inc.
HP Inc.
Canon Inc.
DYMO Corporation
Zebra Technologies Corporation
Primera Technology, Inc.
Afinia Label, Inc.
Rollo Inc.
Phomemo
Report Scope:
In this report, the Global Sticker Printer Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Sticker Printer Market, By Material:
o Vinyl
o Biaxially Oriented Polypropylene
o Holographic
o Glitter
o Others
Sticker Printer Market, By Format:
o Pages
o Kiss-Cut Singles
o Rolles Labels
o Die-Cut Singles
o Sheet Labels
Sticker Printer Market, By Connectivity:
o Wired
o Wireless
Sticker Printer Market, By Application:
o Manufacturing
o Healthcare
o Food & Beverage
o Logistics
o Consumer Durables
o Others
Sticker Printer Market, By Region:
o North America
? United States
? Canada
? Mexico
o Europe
? Germany
? France
? United Kingdom
? Italy
? Spain
o South America
? Brazil
? Argentina
? Colombia
o Asia-Pacific
? China
? India
? Japan
? South Korea
? Australia
o Middle East & Africa
? Saudi Arabia
? UAE
? South Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Sticker Printer Market.
Available Customizations:
Global Sticker Printer Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Baseline Methodology
2.2. Key Industry Partners
2.3. Major Association and Secondary Sources
2.4. Forecasting Methodology
2.5. Data Triangulation & Validation
2.6. Assumptions and Limitations
3. Executive Summary
4. Impact of COVID-19 on Global Sticker Printer Market
5. Voice of Customer
6. Global Sticker Printer Market Overview
7. Global Sticker Printer Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Material (Vinyl, Biaxially Oriented Polypropylene, Holographic, Glitter, Others)
7.2.2. By Format (Pages, Kiss-Cut Singles, Rolles Labels, Die-Cut Singles, Sheet Labels)
7.2.3. By Connectivity (Wired, Wireless)
7.2.4. By Application (Manufacturing, Healthcare, Food & Beverage, Logistics, Consumer Durables, Others)
7.2.5. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
7.3. By Company (2022)
7.4. Market Map
8. North America Sticker Printer Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Material
8.2.2. By Format
8.2.3. By Connectivity
8.2.4. By Application
8.2.5. By Country
8.2.5.1. United States Sticker Printer Market Outlook
8.2.5.1.1. Market Size & Forecast
8.2.5.1.1.1. By Value
8.2.5.1.2. Market Share & Forecast
8.2.5.1.2.1. By Material
8.2.5.1.2.2. By Format
8.2.5.1.2.3. By Connectivity
8.2.5.1.2.4. By Application
8.2.5.2. Canada Sticker Printer Market Outlook
8.2.5.2.1. Market Size & Forecast
8.2.5.2.1.1. By Value
8.2.5.2.2. Market Share & Forecast
8.2.5.2.2.1. By Material
8.2.5.2.2.2. By Format
8.2.5.2.2.3. By Connectivity
8.2.5.2.2.4. By Application
8.2.5.3. Mexico Sticker Printer Market Outlook
8.2.5.3.1. Market Size & Forecast
8.2.5.3.1.1. By Value
8.2.5.3.2. Market Share & Forecast
8.2.5.3.2.1. By Material
8.2.5.3.2.2. By Format
8.2.5.3.2.3. By Connectivity
8.2.5.3.2.4. By Application
9. Europe Sticker Printer Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Material
9.2.2. By Format
9.2.3. By Connectivity
9.2.4. By Application
9.2.5. By Country
9.2.5.1. Germany Sticker Printer Market Outlook
9.2.5.1.1. Market Size & Forecast
9.2.5.1.1.1. By Value
9.2.5.1.2. Market Share & Forecast
9.2.5.1.2.1. By Material
9.2.5.1.2.2. By Format
9.2.5.1.2.3. By Connectivity
9.2.5.1.2.4. By Application
9.2.5.2. France Sticker Printer Market Outlook
9.2.5.2.1. Market Size & Forecast
9.2.5.2.1.1. By Value
9.2.5.2.2. Market Share & Forecast
9.2.5.2.2.1. By Material
9.2.5.2.2.2. By Format
9.2.5.2.2.3. By Connectivity
9.2.5.2.2.4. By Application
9.2.5.3. United Kingdom Sticker Printer Market Outlook
9.2.5.3.1. Market Size & Forecast
9.2.5.3.1.1. By Value
9.2.5.3.2. Market Share & Forecast
9.2.5.3.2.1. By Material
9.2.5.3.2.2. By Format
9.2.5.3.2.3. By Connectivity
9.2.5.3.2.4. By Application
9.2.5.4. Italy Sticker Printer Market Outlook
9.2.5.4.1. Market Size & Forecast
9.2.5.4.1.1. By Value
9.2.5.4.2. Market Share & Forecast
9.2.5.4.2.1. By Material
9.2.5.4.2.2. By Format
9.2.5.4.2.3. By Connectivity
9.2.5.4.2.4. By Application
9.2.5.5. Spain Sticker Printer Market Outlook
9.2.5.5.1. Market Size & Forecast
9.2.5.5.1.1. By Value
9.2.5.5.2. Market Share & Forecast
9.2.5.5.2.1. By Material
9.2.5.5.2.2. By Format
9.2.5.5.2.3. By Connectivity
9.2.5.5.2.4. By Application
10. South America Sticker Printer Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Material
10.2.2. By Format
10.2.3. By Connectivity
10.2.4. By Application
10.2.5. By Country
10.2.5.1. Brazil Sticker Printer Market Outlook
10.2.5.1.1. Market Size & Forecast
10.2.5.1.1.1. By Value
10.2.5.1.2. Market Share & Forecast
10.2.5.1.2.1. By Material
10.2.5.1.2.2. By Format
10.2.5.1.2.3. By Connectivity
10.2.5.1.2.4. By Application
10.2.5.2. Colombia Sticker Printer Market Outlook
10.2.5.2.1. Market Size & Forecast
10.2.5.2.1.1. By Value
10.2.5.2.2. Market Share & Forecast
10.2.5.2.2.1. By Material
10.2.5.2.2.2. By Format
10.2.5.2.2.3. By Connectivity
10.2.5.2.2.4. By Application
10.2.5.3. Argentina Sticker Printer Market Outlook
10.2.5.3.1. Market Size & Forecast
10.2.5.3.1.1. By Value
10.2.5.3.2. Market Share & Forecast
10.2.5.3.2.1. By Material
10.2.5.3.2.2. By Format
10.2.5.3.2.3. By Connectivity
10.2.5.3.2.4. By Application
11. Middle East & Africa Sticker Printer Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Material
11.2.2. By Format
11.2.3. By Connectivity
11.2.4. By Application
11.2.5. By Country
11.2.5.1. Saudi Arabia Sticker Printer Market Outlook
11.2.5.1.1. Market Size & Forecast
11.2.5.1.1.1. By Value
11.2.5.1.2. Market Share & Forecast
11.2.5.1.2.1. By Material
11.2.5.1.2.2. By Format
11.2.5.1.2.3. By Connectivity
11.2.5.1.2.4. By Application
11.2.5.2. UAE Sticker Printer Market Outlook
11.2.5.2.1. Market Size & Forecast
11.2.5.2.1.1. By Value
11.2.5.2.2. Market Share & Forecast
11.2.5.2.2.1. By Material
11.2.5.2.2.2. By Format
11.2.5.2.2.3. By Connectivity
11.2.5.2.2.4. By Application
11.2.5.3. South Africa Sticker Printer Market Outlook
11.2.5.3.1. Market Size & Forecast
11.2.5.3.1.1. By Value
11.2.5.3.2. Market Share & Forecast
11.2.5.3.2.1. By Material
11.2.5.3.2.2. By Format
11.2.5.3.2.3. By Connectivity
11.2.5.3.2.4. By Application
12. Asia Pacific Sticker Printer Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value
12.2. Market Size & Forecast
12.2.1. By Material
12.2.2. By Format
12.2.3. By Connectivity
12.2.4. By Application
12.2.5. By Country
12.2.5.1. China Sticker Printer Market Outlook
12.2.5.1.1. Market Size & Forecast
12.2.5.1.1.1. By Value
12.2.5.1.2. Market Share & Forecast
12.2.5.1.2.1. By Material
12.2.5.1.2.2. By Format
12.2.5.1.2.3. By Connectivity
12.2.5.1.2.4. By Application
12.2.5.2. India Sticker Printer Market Outlook
12.2.5.2.1. Market Size & Forecast
12.2.5.2.1.1. By Value
12.2.5.2.2. Market Share & Forecast
12.2.5.2.2.1. By Material
12.2.5.2.2.2. By Format
12.2.5.2.2.3. By Connectivity
12.2.5.2.2.4. By Application
12.2.5.3. Japan Sticker Printer Market Outlook
12.2.5.3.1. Market Size & Forecast
12.2.5.3.1.1. By Value
12.2.5.3.2. Market Share & Forecast
12.2.5.3.2.1. By Material
12.2.5.3.2.2. By Format
12.2.5.3.2.3. By Connectivity
12.2.5.3.2.4. By Application
12.2.5.4. South Korea Sticker Printer Market Outlook
12.2.5.4.1. Market Size & Forecast
12.2.5.4.1.1. By Value
12.2.5.4.2. Market Share & Forecast
12.2.5.4.2.1. By Material
12.2.5.4.2.2. By Format
12.2.5.4.2.3. By Connectivity
12.2.5.4.2.4. By Application
12.2.5.5. Australia Sticker Printer Market Outlook
12.2.5.5.1. Market Size & Forecast
12.2.5.5.1.1. By Value
12.2.5.5.2. Market Share & Forecast
12.2.5.5.2.1. By Material
12.2.5.5.2.2. By Format
12.2.5.5.2.3. By Connectivity
12.2.5.5.2.4. By Application
13. Market Dynamics
13.1. Drivers
13.2. Challenges
14. Market Trends and Developments
15. Company Profiles
15.1. Brother Industries, Ltd.
15.1.1. Business Overview
15.1.2. Key Revenue and Financials
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. Key Product/Services Offered
15.2. Epson America, Inc.
15.2.1. Business Overview
15.2.2. Key Revenue and Financials
15.2.3. Recent Developments
15.2.4. Key Personnel
15.2.5. Key Product/Services Offered
15.3. HP Inc.
15.3.1. Business Overview
15.3.2. Key Revenue and Financials
15.3.3. Recent Developments
15.3.4. Key Personnel
15.3.5. Key Product/Services Offered
15.4. Canon Inc.
15.4.1. Business Overview
15.4.2. Key Revenue and Financials
15.4.3. Recent Developments
15.4.4. Key Personnel
15.4.5. Key Product/Services Offered
15.5. DYMO Corporation
15.5.1. Business Overview
15.5.2. Key Revenue and Financials
15.5.3. Recent Developments
15.5.4. Key Personnel
15.5.5. Key Product/Services Offered
15.6. Zebra Technologies Corporation
15.6.1. Business Overview
15.6.2. Key Revenue and Financials
15.6.3. Recent Developments
15.6.4. Key Personnel
15.6.5. Key Product/Services Offered
15.7. Primera Technology, Inc.
15.7.1. Business Overview
15.7.2. Key Revenue and Financials
15.7.3. Recent Developments
15.7.4. Key Personnel
15.7.5. Key Product/Services Offered
15.8. Afinia Label, Inc.
15.8.1. Business Overview
15.8.2. Key Revenue and Financials
15.8.3. Recent Developments
15.8.4. Key Personnel
15.8.5. Key Product/Services Offered
15.9. Rollo Inc.
15.9.1. Business Overview
15.9.2. Key Revenue and Financials
15.9.3. Recent Developments
15.9.4. Key Personnel
15.9.5. Key Product/Services Offered
15.10. Phomemo
15.10.1. Business Overview
15.10.2. Key Revenue and Financials
15.10.3. Recent Developments
15.10.4. Key Personnel
15.10.5. Key Product/Services Offered
16. Strategic Recommendations
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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.
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.
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
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.
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.
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.