POS machines are born to the "cloud" under the impact of mobile payments
In terms of per capita ownership of POS machines, although the number has increased significantly in recent years, the penetration rate is still very low. According to China's population at the end of 2016, the population is 1.38 billion, and the average number of people per 10,000 people is only 177.5. In the same period, the number of POS machines in Korea, Japan and Hong Kong has reached more than 600. This shows the penetration rate of POS machines in China and neighboring regions. The gap is large, and the market space of China's POS machine is still expected in the future. Product name:Air Freshener Spray
Brand:YIQUN AEROSOL V-MAFA
Volumn:450ml,600ml,750ml
Certificates:ISO9001,ISO14001,OHSAS18001,REACH,MSDS,CARB VOC,CA65 MOQ5,000 pieces
Formula:Customize formula or use our pre-defined formula
Can Printing:Design new packaging for you or provide us with your design
Sample time:3-5 days
Price Terms:EXW,FOB,CIF
Payment terms:T/T,LC,Alibaba Insurance Trade
China leading manufacturers and suppliers of Room Freshener,Automatic Air Freshener, and we are specialize in Room Freshener Spray,Spray Air Freshener, etc. Air Freshener Spray,Air Freshener,Room Freshener Spray,Air Freshener Aerosol Linyi Yiqun Packaging Products Co., Ltd , https://www.yqpackingbag.com
The current status of pos machine industry The domestic electronic payment industry has flourished in recent years. As one of the important branches, POS card transaction has also achieved considerable development. As of the end of 2016, there were 206.720 million connected merchants in the bank card interbank payment system, and 24.53 million connected POS machines, an increase of 3.972 million and 171.40 million respectively from the end of the previous year.
The rise of mobile payment began in 2012. China's mobile payment industry entered the fast lane. In 2016, the number of mobile payment services in China reached 25.71 billion, with a growth rate of 85.82%. The transaction amount was as high as 157.55 trillion yuan, a year-on-year increase of 45.59%. In the past four years, the compound growth rate of business has reached 263.29%, and the compound growth rate of transaction amount has reached 287.68%. The volume of transaction volume can be described by explosive growth.
The rise of mobile payment is due to the popularity of smart phones. Smartphones are the material basis for payment behavior to “moveâ€. From the data point of view, the popularity of smartphones is closely related to the speed of mobile payment expansion. On the other hand, the innovation of payment methods, such as the current scanning code payment, the original intention of the two-dimensional code is to facilitate a number of individual merchants offline, and later by Alipay WeChat. Initially, the central bank stopped in 2014 in the name of security, but the scan code payment was still barbaric growth, and the people were in the right place; finally, the central bank issued the bar code payment standard in 2016 to recognize the scan code payment, and took advantage of the trend. Although it is still the biggest technology for scanning code payment, other payment methods have gradually emerged, such as biometrics, nfc, MST and so on.
On the one hand, in the future direction of POS machines, in the face of the endless stream of payment and interaction technologies, the traditional POS machine can only meet the payment requirements by the mode of card payment; the new POS machine can not be limited to payment by credit card, and should also support Emerging payment methods such as non-payment, bar code payment, sonic payment, camera payment, and fingerprint payment.
On the other hand, because Alipay WeChat already has the function of collecting payment, merchants only need to put a QR code at the checkout counter. In fact, the POS machine is no longer needed for the simple collection. The reason is that the POS machine is still retail and large. Supermarkets, hotels and other industries are widely used because POS machines have certain management functions in addition to collecting accounts, especially for some chain-operated industries. It is hard to imagine a large chain of companies. There is a two-dimensional code in front of the store. A variety of payment calibers and loss of management of invoicing will directly lead to the collapse of business operations management. Therefore, from this level, Alipay WeChat is more vying for the mobile payment C-end market. For the B-end that needs management functions, the POS machine still has its value and space, but in order to further consolidate its moat The POS industry needs to dig deeper in its own management functions to provide a variety of services for merchants. The core foundation of these services is data, data management, data mining, and data application, which is the "cloud."
The diversification of mobile C-side payment methods and B-side management requirements have prompted traditional POS machines to be born into the "cloud." The cloud POS machine that keeps pace with the times will continue to exert its energy in the retail service industry with retail nature.