Is the DW payments sector stagnant?

If current projections are anything to go by we say NOT JUST 'NO' BUT
HECK NO!

CHECK OUT THIS one small sector of the industry:

“The growing use of NFC technology and digital wallets among consumers will continue in 2017,” writes Scott Blum, Vice President and Lead Business Development, Marketing, and Integrated Payments at Total Merchant Services.
“Most major players in the mobile device industry have delivered their own versions of the digital (or mobile) wallet (e.g. Apple Pay, Android Pay and Samsung Pay). With Apple Pay reporting a growth of one million new users per week, there are strong signs that many consumers prefer this method of payment,” adds Blum. “Digital wallets are quickly becoming the norm, particularly among millennials. Because digital wallet payments are faster than using EMV or traditional swipe credit cards, users are quickly converted and want their purchases to be seamless and fast wherever they go. This demand for digital wallets will significantly impact the way small business merchants provide payment services in 2017.”

In fact, the mobile POS market is expected to increase by a staggering 400 percent by 2019.  

Source: https://due.com/blog/state-merchant-processing-industry-2017/

And then, there's this:



Jan 2017
Purchase Volume Worldwide 2015 vs. 2025
Visa, Mastercard, UnionPay, American Express, JCB, and Discover/Diners Club are the global brand general purpose cards. By 2025, purchase volume for goods and services by cards with these brands is expected to reach $54.891 trillion. 

 U.S. General Purpose Brands Purchase Volume in 2016
Purchase volume, which is spending at merchants for goods and services, generated by cards issued in the U.S. totaled $5.143 trillion in 2016. 



And Nilson Reports estimates growth in US '15-'25 to be 103%!!

Hitch your wagon to a residual star that is not going anywhere but UP -- merchant payments processing.