From the perspective of the coverage of POS terminals, the number of POS terminals per capita in my country is much lower than that in foreign countries, and the market space is vast. According to data, China has 13.7 POS machines per 10,000 people. In the United States, this number has jumped to 179, while in South Korea it is as high as 625.

With the support of policies, the penetration rate of domestic electronic payment transactions is gradually increasing. The construction of the payment service environment in rural areas is also accelerating. By 2012, the overall goal of at least one bank card and installation of 240,000 POS terminals per person will be achieved, which drives the domestic POS market to further improve.

In addition, the rapid development of mobile payment has also brought new growth space to the POS industry. Data show that in 2010, global mobile payment users reached 108.6 million, an increase of 54.5% compared to 2009. By 2013, Asian mobile payment users will account for 85% of the global total, and my country’s market size will exceed 150 billion yuan. This means that the average annual growth rate of my country’s mobile payment will exceed 40% in the next 3 to 5 years.

New POS products have also begun to integrate new functions to meet market demand. The body has built-in functional modules such as GPS, Bluetooth and WIFI. In addition to supporting traditional GPRS and CDMA communication methods, it also supports 3G communication.

Compared with traditional mobile POS machines, the new high-end Bluetooth POS products developed by the industry meet the diversified needs of mobile payment, and can meet the application requirements of material flow, anti-counterfeiting and traceability. With the rapid growth of e-commerce and the upgrading of logistics management, this Such products will be more applied to life services.