High Consumer Adoption Rate, Boost in Technology Industry, Alternative Payment Methods and Sustainable approaches are propelling the Outdoor Payment Terminal Market in Canada: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 1. The Canada Outdoor Payment Terminal Market is expected to increase by ~ 100,000 units on the basis of total installed base with high consumer adoption rate by 2025F To Know More about this report, download a Free Sample Report On average, the adoption rate was ~ 90% in 2021 for the overall installed base of OTPs in Canada which is expected to rise by more 2% in 2025F. There are 2 OPT installed at 1 dispenser unit at Fuel stations there is 1 OPT at 1 Charging Unit at EV Stations, with an average age of OPT around 7-10 years. 2. Scale Disadvantages, Long Procurement Cycle, Frauds, Lack of Manufacturing Centers and R&D infrastructure and Skimming pose challenges in Canada Outdoor Payment Terminal Market In Canada, while the consumption of Outdoor Payment terminals is increasing, advantages of scale are not available to domestic manufacturers, which has resulted in heavy imports. Procurement of raw materials for manufacturing OPT terminals is a lengthy process. Acquiring necessary supplies can take up to 6-8 weeks further stretched due to the ongoing pandemic situation. Wide adoption of EMV compliance throughout most of retail has only highlighted fuel pumps as easy targets for skimmers. Lack of manufacturing centres in the country restrains the growth of market domestically, as major end users depend on outsourcing from banks and foreign market players to obtain OPT units. The lack of hardware R&D infrastructure for OPTs in Canada has pushed manufacturers to rely on foreign hardware manufacturers for various components. 3. Maximized System Uptime, Improved Experience, Next-Gen Payment, Fast Deployment, and Robust Security are the key Industry Disruption Technologies in Canada Outdoor Payment Market To Know More about industry trends, Request a free Expert call Adopting next-generation payment solutions enable customers to perform basic financial transactions seamlessly. Self-service payment technology providers are partnering with other companies to enhance their offerings and improve customer experience. Outdoor payment terminals are banknote enabled and all are built to the highest standards, so fuel retailers can be confident their assets are secure. Installed Anti-skimming and anti-tamper devices with latest PCI certification. Standards-based APIs and plugins are used extensively to enable efficient integration with minimal customization. OPTs are also platform-independent and can be deployed on any site hardware. OPTs provide consistent customer response even during peak business hours via a solid-state, hardened design. It can withstand challenging environmental conditions like severe weather, bright sunlight, dust, vehicle exhaust. New Outdoor payment terminals feature modern aesthetics and versatile display options. Quick and simple deployment and integration in the forecourt with Anti-fogging and anti-reflection display technology. It is Cloud-enabled. It can earn potential revenue through selling advertising space. It can host videos, images and apps with uninterrupted play during payment sequence. Tags: Canada OPT End Users Industry, Canada OPT Industry, Canada OPT Market, Canada OPT Sector, Canada POS Terminal Market, Challenges in Canada OPT Market, Contact Payment Terminal Market Canada, Contactless Payment Terminal Market Canada, Emerging Compnaies in Canada OPT Market, EV Charging Stations in Canada, Fuel Forecourt Retail Market in Canada, Investors in Canada POS Terminal Market, Leading Players in Canada OPT Market, Major OPT providers in Canada, Net Sales of Gasoline Stations in Canada, OPT Manufacturing Companies in Canada, Outdoor Payment Terminal Distributors in Canada, Outdoor Payment Terminal Providers in Canada, Payment Processing Companies in Canada, Payment Switch Companies in Canada, payment terminals in Canada, Payments Space in Canada, Self Service Payment Solutions In Canada, Startups in Canada Outdoor Payment Terminal Market, Technology-based payment terminals in Canada, Top Payments Startups in Canada, Total Sales of OPTs in Canada