The study found that in Europe and America, there are 179 POS machines per 10,000 people. In Japan and Korea, there are 625 pos machines per 10,000 people. However, in China, there are only 13.7 POS machines per 10,000 people. China currently has 6000. There are only 30,000 POS merchants, but POS machines only account for 5% of the market share. 95% of the market is in a blank state. In the next 10 years, POS machines will become the most mainstream transaction settlement method for human beings! China's bank card and other card industry started in 1985. After more than 20 years of development, China has made great progress. At present, China is recognized as one of the countries with the fastest growth and the greatest development potential in the global card business. As the best way to realize electronic payment, POS payment is closely related to the development of the payment card industry. According to the research of UnionPay, the increase of the proportion of consumption paid by card can increase the national economy by 0.5%. Therefore, the state will focus on supporting and encouraging the development of payment business in the 11th and 12th Five-Year Plan.
With the advent of the 3D era, the network has occupied the dominant position of this society. Nowadays, the payment methods are gradually shifting towards the card swiping. Cash settlement is no longer the mainstream, and the card is used instead of cash. Moreover, the number of POS machines at home and abroad is also growing in a straight line. In 2001, the payment scale of the third-party online payment platform market in China was 1.6 trillion yuan. In 2004, it increased to 23 trillion yuan. In 2007, the market size of China's third-party online payment platform will reach 215 trillion yuan. Since 2010, it has been more than 30% every year. POS machine receipt and payment industry, is a legend, just two years, a rapid development of an industry in the north of the city to quickly cover more than 50%.
The banking industry is developing faster and faster in the domestic market and occupying a major position in the national market economy. The business launched by the banking industry facilitates people's daily consumption. People go shopping and buy in cash, and when they consume a large amount, they choose bank card payment. When choosing a bank card payment, it is often inseparable from the POS machine. Industry insiders pointed out that the rapid development of electronic payment vendors has benefited from good industry prospects. At present, the POS industry has entered a period of steady growth. From the perspective of coverage of POS terminals, the number of POS machines per capita in China is much lower than that of foreign countries, and the market space is broad.
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