Data gathered by Buyshares.co.uk indicates that approximately 1.75 billion mobile users or 23.05 per cent of the global population will be using Point of Sale systems payments by 2024. According to the data, the adoption of POS will keep rising in popularity.
The 2024 users represent growth of 49.57 percent from the 2020 figure of 1.17 billion. By 2021, mobile POS payment users will be 1.36 billion and later grow by 11.76 percent to 1.52 billion in 2022. By 2023, the users will spike to 1.64 billion.