Finance
22:25 29 July 2020
Post by: WBJ

Over 1 mln payment terminals in Poland

Over 1 mln payment terminals in Poland
Source: Visa

According to Visa data obtained from acquirers, there are over a million payment terminals servicing contactless payments in Poland. On the other hand, the share of contactless payments using Visa cards issued in Poland in the total number of non-cash transactions made at points of sale in our country increased by over 10 percent y/y in April 2020.

Polish entrepreneurs are meeting the changing expectations of consumers, more and more willingly and more often paying by contactless cards or phones. They noticed that as the restrictions were lifted and the economy was rebooted, accepting contactless payments enjoyed growing customer interest. Having a terminal becomes more and more important for developing and strengthening your business. This is confirmed by Visa's research, which shows that two out of three retailers prefer customers to pay by card or phone, because they can then serve more of them during peak hours.

"One million POS terminals operating on the Polish market is another important stage in the development of trade in Poland. More methods of accepting payments enable the execution of more transactions and access to new customer groups. In the era of gradual economic recovery after the Covid-19 pandemic, this is of key importance for We are all the more pleased that in Poland we have exceeded the limit of one million terminals, and this number continues to grow, which means that more and more small retailers will be able to offer consumers more ways to make payments," Adrian Kurowski, Visa Director in Poland, said.

(WBJ)


poland
visa
pos terminals
adrian kurowski

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