China POS Terminals - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

According to Mordor Intelligence, the China POS terminals market size was valued at USD 6.92 billion in 2025 and estimated to grow from USD 7.28 billion in 2026 to reach USD 9.37 billion by 2031, at a CAGR of 5.17% during the forecast period (2026-2031).

This report is Segmented by Mode of Payment Acceptance (Contact-Based, and Contactless), POS Type (Fixed Point-Of-Sale Systems, and Mobile/Portable POS Systems), End-User Industry (Retail, Hospitality, Healthcare, Transportation and Logistics, and Other End-User Industries). The Market Forecasts are Provided in Terms of Value (USD).

China POS Terminals Market Trends and Insights

Government Push for Cashless Economy via Digital-Yuan Pilots

Expanded digital-currency pilots now allow foreign visitors to top up wallets with single-transaction limits of USD 5,000 and annual caps of USD 50,000, stimulating demand for dual-acceptance terminals capable of processing Digital Yuan and international card schemes. Tourist-facing venues must deploy multi-scheme hardware, while cryptography regulations enforce on-device encryption modules. Established vendors with deep regulatory expertise benefit from the resulting certification complexity.

Rapid Expansion of Mobile-Wallet-Ready NFC POS

Alipay's "Tap-to-Pay" campaign and the rollout of 1.12 billion medical-insurance QR codes across 800,000 healthcare sites accelerate NFC terminal orders. QSR chains leverage biometric NFC devices, and Beijing Metro's acceptance of foreign bank cards underscores the shift toward multi-wallet tap solutions. Terminal specifications now encompass social-insurance system links and biometric ID checks.

Rising Cyber-attacks Targeting POS Networks

Sophisticated breaches now target firmware and cloud gateways, inflating compliance budgets under the Personal Information Protection Law. Smaller acquirers struggle with 24/7 monitoring and may exit the market if license revocation risks escalate.

Other drivers and restraints analyzed in the detailed report include:

1. Increasing Adoption by SMEs and QSRs
2. Integration of AI-Powered Fraud-Detection Chips
3. Price Pressure from SoftPOS Smartphone Apps

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Contactless systems captured 58.12% of the China POS terminals market share in 2025 and will grow at a 6.71% CAGR through 2031 as tap-and-go convenience aligns with hygiene preferences. The segment enjoys support from government rules lifting single-transaction caps for foreign visitors, spurring merchant upgrades to dual-scheme NFC terminals.

Biometric authentication layers, from facial recognition to fingerprint sensors, now accompany contactless flows, deepening solution complexity. Chip-and-PIN remains for high-value and cross-border transactions, preserving niche relevance. Beijing Metro's multi-wallet acceptance proves that contactless devices can merge transport, retail, and international use cases under one chassis.

Complete Report Scope:

• By Mode of Payment Acceptance
  • Contact-based
  • Contactless
• By POS Type
  • Fixed Point-of-Sale Systems
  • Mobile / Portable Point-of-Sale Systems
• By End-User Industry
  • Retail
  • Hospitality
  • Healthcare
  • Transportation and Logistics
  • Other End-User Industries

List of Companies Covered in this Report:

1. Ingenico Group SA
2. Verifone Systems LLC
3. PAX Global Technology Limited
4. Fujian Newland Payment Technology Co., Ltd.
5. New POS Technology Limited
6. Shenzhen Xinguodu Technology Co., Ltd.
7. Bitel Co., Ltd.
8. Centerm Information Co., Ltd.
9. Sunmi Technology Co., Ltd.
10. Urovo Technology Co., Ltd.
11. Justtide Technology Co., Ltd.
12. Castles Technology Co., Ltd.
13. Hisense Intelligent Commercial Equipment Co., Ltd.
14. Guangzhou Zonerich Business Machine Co., Ltd.
15. BBPOS Limited
16. Sunyard Technology Co., Ltd.
17. Wintec POS Co., Ltd.
18. Equinox Payments LLC
19. NEC Corporation

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support