Nilson Report

Issue 1205 | Sep 2021


Companies featured in this issue include:

POS Terminal Manufacturers Worldwide

Shipments by Type of Device—with Market Shares

Manufacturers of POS Terminals Shipped in 2020—by Region

POS Terminal Manufacturers’ Market Shares—Shares of Shipments 2020 vs. 2019

Visa and Mastercard Commercial Card Products—Purchase Volume 2020

Asia–Pacific’s Top 5 Acquirers of Mastercard and Visa Transactions

Top Acquirers of General Purpose Cards in Asia Pacific—Ranked by Purchase Transactions

Asia–Pacific’s Largest Mastercard and Visa Merchant Acquirers

Investments & Acquisitions—August 2021

Visa and Mastercard Commercial Card Products—Purchase Volume 2020

Visa and Mastercard commercial credit and debit card products generated purchase volume in excess of $1 trillion in 2020. That amount was a decline of 3.4% from 2019.

1. Small Business
$391.36 billion total purchase volume, -2.1%
2. Debit & Prepaid
$308.89 billion total purchase volume, +16.5%
3. Purchasing & Fleet
$300.94 billion total purchase volume, -15.7%
4. Corporate
$31.98 billion total purchase volume, -32.6%
5. Totals
$1,033.17 billion total purchase volume, -3.4%

Full access to the Visa and Mastercard Commercial Card Products—Purchase Volume 2020 results is available when you subscribe to the Nilson Report.



POS Terminals Shipped Worldwide

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

Shipments of new point-of-sale terminals grew to 135.0 million in 2020, an increase of 7.9% over 2019. POS terminal shipments by region are shown on pages 6 and 7. Terminals counted here include countertop, multilane, tablet and handheld devices with integrated chip and/or magnetic-stripe card readers. Also counted are unattended devices, terminals that can read QR codes and also accept cards, those that 

can read a biometric identifier and handle payments, PCI DSS approved mPOS chip & PIN devices, approved mPOS chip & signature devices and mPOS devices not connected to a smart mobile device. 

POS terminals shipped into the Asia–Pacific region increased 5.7% last year to 92.1 million devices. Asia-Pacific’s market share of worldwide shipments was 68.26% in 2020, down from 69.68% in 2019.

Shipments to Latin America and the Caribbean reached 19.0 million in 2020, an increase of 19.2%. Latin America’s share of the worldwide total was 14.06%, up from 12.74%. 

Europe received 9.9 million POS terminals, an increase of 9.4%. The region’s market share increased to 7.37% from 7.27%.

POS terminals shipped to the Middle East–Africa (MEA) region reached 7.5 million last year, up 15.5%. The MEA market share of 5.54% of global shipments was up from 5.18%.

There were 6.0 million terminals shipped to the United States, an increase of less than 1%. The U.S. share of all terminals shipped in 2020 was 4.42%, down from 4.77%.

Shipments to Canada totaled 0.5 million units, up 2.6%. Canada’s market share fell to 0.35% from 0.37%.

The top supplier to the Asia–Pacific region was MoreFun Electronic Technology with 11.5 million units shipped. Of that amount, 0.5 million were terminals that read QR codes and accepted payment cards. MoreFun shipped 3.9 million more units to Asia–Pacific in 2020 than in 2019, up 51.3%. The company’s largest market was China. 

The second largest supplier to the Asia-Pacific region was New POS Technology. It shipped 3.0 million more units in 2020 than in 2019 to that region, an increase of 35.9%. The company’s largest markets were China, India and the Dominican Republic. Outside of the Asia–Pacific region, its largest markets included Colombia and Nigeria. Tianyu was third largest in Asia–Pacific and Newland was fourth largest. Newland’s largest market was China, but its other markets included Brazil, Mexico, India and Egypt.

The top supplier to Latin America was Pax Technology, which has held that position since 2017. Pax shipped 0.5 million more units in 2020 than in 2019, an increase of 7.2%. The majority of Pax terminal shipments were mPOS chip & PIN devices, followed by traditional POS terminals. It also shipped mPOS devices that do not need to be connected to a smart device, unattended devices and QR code terminals that also accept cards.

Shipments to Europe were led by Worldline. Its total figure included devices branded as Ingenico. Worldline acquired Ingenico in 2020. Verifone was second largest. Datecs was third largest. The majority of Datecs shipments were mPOS chip & PIN devices. Its largest markets were Germany and Poland.

Bitel was the largest manufacturer to the Middle East–Africa, followed by Pax Technology. 

The top POS terminal suppliers to the United States remained Verifone and Worldline (Ingenico). In Canada, Worldline, BBPOS, Newland and SZZT were the largest.

Of all POS terminals shipped worldwide last year, 39.2 million (31.3%) were mobile (mPOS) devices. All units shown are PCI DSS approved. They communicate with tablets and other terminals via Bluetooth or USB, although 11.2% do not need to be connected to another smart device.

Newland, Pax, Itron and Dspread were the top providers of mPOS devices in 2020. 

Castles Technology bought Spire Payments in 2020.

Not included here are 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. 

Prior issues: 1182, 1166, 1162, 1160, 1154, 1152, 1151, 1146, 1145, 1144, 1143, 1142

© Copyright 2021 Nilson Report

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