Research and Markets: China Financial POS Machine Industry Report, 2009

Fri Jul 10, 2009 9:51am EDT
 
[-] Text [+]
DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/aec51e/china_financial_po) has
announced the addition of the "China Financial POS Machine Industry Report,
2009" report to their offering. 

In recent years, the quantity of network POS machines has increased rapidly in
China. In 2008, China had 1.85 million POS machines, a 56.2% YoY rise. Franchise
stores hit 1.18 million, up 59.9% year on year, the highest in past five years.
The growth of POS machines has driven the development of many related markets.
POS machine makers provide POS machines for banks and Unionpay which freely
install them for merchants, and then get a proportional handling charge (about
1%) from POS machines' card consumptions. 

Network POS Machines in China will still be decided by the number of networking
merchants. Promoted by Beijing Olympic Games and its industrial growth, the
quantity of POS machines and merchants saw a respective growth rate of above
50%. It is estimated that demand for POS machine will maintain rapid growth rate
since the current low penetration rate of POS machine and the 2010 Shanghai
World Expo. 

Based on authoritative statistics from People's Bank of China, China Bank
Industry Association, National Bureau of Statistics of China and Companies'
Financial Statements, this report makes an in-depth analysis on the status quo
of the Chinese financial POS machine industry, operations of key financial POS
machine producers at home and abroad, and development environment for this
industry. Also, it forecasts development trends of the POS machine industry. 

Companies Mentioned:

* Fujian Landi Commercial Equipment Co., Ltd 
* Shenzhen Zhengtong Electronics Co., Ltd 
* PAX Technology Co., Ltd 
* Fujian Newland Computer Co., Ltd 
* Blue Bamboo Transaction Systems (Shanghai) Co., Ltd 
* Sunyard System Engineering Co., Ltd 
* Ingenico (Beijing) Corporation 
* SAND Information Technology System Co., Ltd 
* Sagem Security International Trading (Shanghai) Co., Ltd 
* GreatWall Information Industry Co., Ltd 
* Zhongchao Credit Card Industry Development Co., Ltd 
* Shanghai SVA Computer Co., Ltd 
* New POS Technology Co., Ltd 
* Shenzhen Xinguodu Technology Co., Ltd 
* Shanghai Potevio Co., Ltd 
* Shenzhen SED Industry Co., Ltd 
* Shenzhen Dingxinyuan Industry Co., Ltd 
* Fujian Star-net Communication Co., Ltd 
* SPECTRA Technologies Holdings Co., Ltd 
* INGENICO 
* VERIFONE 
* HYPERCOM 
* GEMALTO 
* NEC

For more information visit
http://www.researchandmarkets.com/research/aec51e/china_financial_po





Research and Markets
Laura Wood
Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com


Copyright Business Wire 2009

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video