A new study from Juniper Research has found the global soft POS transaction value in 2030 will reach $540 billion, up from $23.9 billion in 2025. „This swift progression will be driven by soft POS’s ability to democratise access to digital payments for micro and small businesses as they transition away from using cash payments.” – according to the press release.
Soft POS allows NFC-enabled smartphones or tablets to accept contactless payments without the need for additional hardware. Permitting businesses to eliminate hardware costs and enable them to accept tap-to-pay and digital wallets directly on their mobile devices.
Juniper Research believes Apple’s support for soft POS, alongside the global surge in digital wallet and smartphone adoption, will transform the POS ecosystem; allowing card payments to accelerate the displacement of cash.
Soft POS is a business-enabling Tool
The research identified that Soft POS offers more than just payment acceptance, it provides efficiency by enabling businesses to streamline routine tasks and focus on meeting customer demands.
To remain competitive against leading vendors including PayPal and Square, alternative soft POS vendors must integrate with POS software to unlock tools for inventory management, sales analytics, and loyalty programmes. To capitalise on the shift toward small businesses adopting Soft POS, vendors must focus on affordability and value-added features; driving business growth to meet evolving consumer demands.
Research Author Daniel Bedford explained: “Bundled POS software reduces financial barriers; making advanced technology more accessible and helping businesses scale efficiently. In a competitive market, providers must partner with third-party vendors that offer modular integration packages to address diverse business needs and stay ahead of competitors.”
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Find out more: Global mPOS Terminals & Soft POS Market 2025-2030, or download a free sample.
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