Market Share of China POS Terminals Industry
The China POS terminal market is moderately consolidated, with a few prominent companies. The companies continuously invest in strategic partnerships and product developments to gain market share. Some of the current advancements in the market are:
- March 2022 - Newland Group, one of the world's top high-tech solution providers with digital technology in its DNA, is proud to have been selected to deploy cashless payment solutions for the Beijing Winter Olympics and Paralympic Winter Games.
- February 2022 - PAX Global Technology Limited, the world's leading provider of point-of-sale terminal solutions, is glad to announce that its latest generation Android Smart PINpad, the A35, received the Enhanced Contactless (Ecos) certification from Mastercard.
China POS Terminals Market Leaders
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Fujian Newland Payment Technology Co., Ltd.
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Verifone
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Ingenico
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Cybernet
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PAX Global Technology
*Disclaimer: Major Players sorted in no particular order