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
Fujian Newland Payment Technology Co., Ltd.
Verifone
Ingenico
Cybernet
PAX Global Technology
*Disclaimer: Major Players sorted in no particular order
