Market share of POS terminal shipments worldwide 2000-2021, by region
the world's largest POS terminal manufacturers come from China. Examples include Newland Payment Technologyu (NPT), SZZT, Centerm, and PAX. This is not surprising as digital payments are forecast to grow significantly within Asia-Pacific, outperforming both Europe and North America. Latin America is also expected to see an increasing number of digital payments. Two big examples in both Asia-Pacific and Latin America include the growing use of UPI in India and Pix in Brazil, making the two countries the biggest in the world when it comes to real-time payments.
POS terminals largely come from Asia-Pacific, although Latin America gained in importance within overall POS terminal shipments in recent years. Several of