Nilson Report

Issue 1182 | Sep 2020

FEATURED COMPANIES

Companies featured in this issue include:

POS Terminal Shipments Worldwide by Region–Market Shares

POS Terminal Shipments by Type of Device

mPOS Devices Shipped in 2019

Manufacturers of POS Terminals Shipped in 2019–with Totals and mPOS Devices

Top 25 U.S. Issuers of Prepaid Cards

Top Acquirers of General Purpose Cards in Asia-Pacific

Top Acquirers of Visa and Mastercard Transactions in Asia-Pacific

Asia-Pacific’s 34 Largest Merchant Acquirers–Ranked by Visa and Mastercard Transactions

U.S. Commercial Cards’ Increasing Share of Purchase Volume

Investments & Acquisitions–August 2020

Top 25 U.S. Issuers of Prepaid Cards

The chart on page 8 ranks the 25 largest issuers of prepaid Visa, Mastercard, and Discover brand cards in the U.S. Cards from the four largest issuers generated 66% of all spending at the top 25 and are shown here.

1. The Bancorp Bank
$47.93 billion purchase volume, +14.4%
2. MetaBank
$36.18 billion purchase volume, -4.1%
3. Green Dot Bank
$27.00 billion purchase volume, +3.9%
4. Comerica Bank
$20.58 billion purchase volume, +5.3%

Full access to the Top 25 Issuers of Prepaid Cards in the United States is available when you subscribe to the Nilson Report.

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POSTED SEPT 16, 2020 | PRINT

POS Terminals Shipped Worldwide

Please note: Only subscribers can access the charts included with this article.

Shipments of point-of-sale terminals reached 128.2 million in 2019, up 24.2% over 2018. That was an increase of 25.0 million units year over year. Shipments by region are shown on pages 6 and 7. Those shipments included countertop, multilane, tablet, and handheld terminals with integrated chip and/or magnetic-stripe card readers, as well as unattended payment devices, terminals that can read QR codes that also accept cards, and biometric payment terminals, plus PCI DSS approved chip & PIN devices, approved chip & signature devices, and mPOS devices not connected via a smart mobile device. 

We do not include smartphones used as POS terminals, peripheral PIN pads, island card readers, terminals that read QR codes but do not accept cards, card reader dongles inserted in smartphones or tablets, magnetic-stripe card readers connected to electronic cash registers (ECRs) or PC-based systems, other card readers, or ECRs or PC-based systems themselves.

Shipments of newly manufactured POS terminals into the Asia–Pacific region increased 24.5% in 2019 to 86.2 million devices. The market share of worldwide shipments for Asia–Pacific was 67.25% in 2019, up from 67.12% the prior year. 

The Latin America and Caribbean region received 18.9 million POS terminals last year, up 36.9%. The market share for Latin America grew to 14.73% from 13.38%. 

Shipments to Europe reached 9.5 million units, up 7.6%. Europe’s market share dropped to 7.43% from 7.61%.

The United States received 6.7 million units, up 22.3%. However, its market share declined to 5.23% from 5.32%. 

The Middle East–Africa region received 6.5 million terminals, an increase of 1.0%. Its market share fell to 5.08% from 6.25%. POS terminal shipments to Canada reached 0.4 million units, an increase of 6.5%. Canada’s market share fell to 0.28% from 0.32%.

Leading shipments to the Asia–Pacific region was Tianyu Information Industry based in Wuhan, China. Of its 13.1 million total units shipped, 6.3 million were terminals that read QR codes and accept cards. Tianyu shipped 9.0 million more units in 2019 than in 2018, an increase of 217.0%. China was Tianyu’s largest market, followed by Azerbaijan and Indonesia. 

New POS Technology ranked second largest based on shipments to the Asia–Pacific region. It shipped 6.1 million more units in 2019 than in 2018, an increase of 264.8%. Its largest markets were China, India, and Japan.

Pax Technology continued as the largest manufacturer serving the Latin America region. It shipped 1.4 million more units in 2019 than in 2018. 

The majority of its terminals were chip & PIN devices, followed by traditional POS terminals. It also shipped biometric payment terminals, unattended devices, and QR code terminals that also accept cards.

BBPOS remained second largest in Latin America. It shipped 200,000 more units than the prior year. The majority of its devices were chip & PIN.

Shipments to Europe were led by Ingenico, with Verifone remaining second largest. Datecs, based in Bulgaria, was third largest with an increase of 300,000 units. The majority were chip & PIN devices. Shipments from fourth ranked Dspread grew by 300,000. Dspread shipped chip & PIN devices and mPOS devices that do not require a connection to a smart device.

In the Middle East–Africa region, Bitel was the largest manufacturer, followed by Pax and Castles.

Verifone and Ingenico continued as the top suppliers of terminals to the United States. For shipments to Canada, Ingenico, Dspread, and SZZT Electronics were the largest.

Of all POS terminals shipped worldwide last year, 59.2 million (46.1%) were mobile (mPOS) devices. All units shown are PCI DSS approved. They communicate with tablets and other terminals via Bluetooth or USB, although 3.9% do not need to be connected to another smart device.

Shenzhou Anfu, Itron Electronics, Newland, Tianyu, Pax, New POS, BBPOS, Dspread, Xinguodu, MoreFun, and Centerm were the top providers of mPOS devices in 2019. All are headquartered in mainland China, except for BBPOS, which is headquartered in Hong Kong.

The table at right shows the shipment totals worldwide by mPOS type. The tables on pages 6 and 7 show the total POS terminals shipped by region and manufacturer and the number of mPOS units included in those totals. 

Prior issues: 1166, 1162, 1160, 1154, 1152, 1151, 1146, 1145, 1144, 1143, 1142, 1141



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