CCT summed up the results of the first quarter 2015 in mPOS sector

Despite the cutback of economic activity in general, mPOS market witnesses a positive dynamics.

«mPOS market has a stably positive dynamics. In the first quarter of the current year, the company has managed to deliver more than 7000 mPOS-terminals, which do support PIN-code entry, to Banks and service providers. First of all, the growth of delivery volumes is connected with appearance of affordable and at the same time technological Chip & PIN devices from world leaders of payment terminals industry. Major market players, mainly banks, identified mPOS technology in their business and started to develop this direction. We may be confident that the adaptation phase of this technology is completed and now we witness the stable growth in the specified target segments. Note another driver of market growth, which is to our mind, appearance of mPOS software solutions, which are adapted to the needs of specific companies and provide a number of specific functionality, demanded by the clients. According to our sources, a number of large financial institutions are in active stage of searching the provider of solution and, till the end of this year, several new large scale projects are expecting to be launched», - noted Andrey Balandin, commercial director of «Center of corporate solutions» (