What is Bus Card Reader?
The bus card reader market has witnessed growth owing to the increasing adoption of electronic payment in the transportation industry. The ease of accessing electronic is cards is one of the major driving factors for the bus card reader market. The demand for the bus card reader is expected to grow significantly in the APAC owing to the presence of a large number of market players, and adoption of electronic payment methods in countries such as Singapore, Indonesia, and China.
Growing urbanization, increasing focus towards providing a hassle-free experience to customers, and increasing popularity of digital payment methods are some of the significant factors driving the growth of the bus card reader market.