ABI Research has released a new report predicting that 85% of point-of-sale terminals worldwide will be contactless-enabled by 2016 — up from just 10% in 2010.
In “Cellular-enabled POS Terminals, ATMs, and Vending Machinesm,” ABI attributes the growth to the proliferation of contactless cards, “rapid” adoption of NFC-enabled cell phones, and the introduction of major mobile payment services like Google Wallet.
ABI sees the greatest growth potential in the vending machine industry thanks to the increased speed and simplicity of contactless payments. Customers benefit from the quick and easy cashless transactions, while operators are spared the hassle of dealing with PIN entry or signatures. This, ABI says, plays into the “essence” of the vending industry.


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