Report Shows Strong Grouwth In NFC POS Terminals

- Aug 06, 2018-

Report shows strong growth in NFC POS terminals

According to a recent study by international market research firm Berg Insight, the NFC POS terminal equipment market continues to show strong growth in 2017, with annual shipments reaching approximately 24.7 million units worldwide. In China, according to the relevant data of China UnionPay, as of the end of 2017, there were more than 13 million NFC POS acceptance terminals nationwide, and about 33,000 self-service terminals supporting China UnionPay payment, including 17000 for financial IC cards and NFC flash payment terminals. . According to Berg Insight, global NFC POS terminal equipment will grow at a compound annual growth rate of 15.6%, and will reach 112.3 million units by 2022.


ABC pushes the banking industry's first non-inductive payment supermarket

Recently, the Agricultural Bank of China Chongqing Branch pioneered the application of non-inductive payment in the banking industry, and piloted a “no-feeling experience experience point” in a supermarket in a large community in Yubei District, Chongqing. It is understood that the customer brushed his face into the supermarket agricultural bank's non-sense payment experience area, there is no waiter inside, there are a lot of goods to choose from, the goods are not queued for payment, go through the settlement channel area, and leave after payment.


China's mobile payment users exceed 500 million people

According to the China Internet Development Report 2018 recently released by the Internet Society of China, as of the end of 2017, the number of Chinese netizens reached 772 million, and the Internet penetration rate was 55.8%. As for online payment, as of the end of last year, the number of online payment users in China reached 531 million, an increase of 56.61 million compared with the end of 2016, with an annual growth rate of 11.9%. Among them, the scale of mobile payment users has grown rapidly, reaching 527 million, an increase of 57.83 million compared with the end of 2016, with an annual growth rate of 12.3%.

In 2018, the growth rate of China's artificial intelligence market will reach 75%.

Recently, a research team composed of a number of institutions of the China Science and Technology Policy Research Center of Tsinghua University and the Government Document Center of the School of Public Administration of Tsinghua University released the "China Artificial Intelligence Development Report 2018" in Beijing. According to the report, the scale of China's artificial intelligence market reached 23.7 billion yuan in 2017, a year-on-year increase of 67%. It is expected that the growth rate of China's artificial intelligence market will reach 75% in 2018.

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