Is the history of the POS machine really going to end?


Undoubtedly, mobile payment is a big trend, and it is also a hot word at this stage. Some companies that make payments, such as Ali, Tencent, Jingdong, Baidu, etc., are often on the headlines. Some people say that mobile payment is the terminator of POS machines.

But this article does not want to talk about mobile payment tools, but to introduce you to the pos machine. You have to say that the mobile payment era, but also talk about POS machine? It is necessary to know that the development of cash has taken 300 years, the development of bank cards has taken 50 years, the payment of online has taken 10 years, and the mobile payment may take only 3 years, and the POS machine will soon die out in the near future. However, existence is reasonable, and POS machines will not be replaced at this stage.

Is the history of the POS machine really going to end?

Although the era of mobile payment is coming, major corporate giants such as Alipay, WeChat Payment, and Jingdong Payment have launched offensives to compete for mobile payment. But looking at it, big shopping malls, large shopping malls, small convenience stores, community canteens, a small black box is still on the checkout counter, and there are many consumers using POS machines to swipe their cards. The so-called Yangtze River waves push forward waves, the former waves die on the beach, but the POS machines on the beach are not dead, why are mobile payment eras, and the merchants on the streets are still using POS machines?

The history of POS machines can be traced back to the 1990s, when POS machines were expensive, software was not mature, and domestic brands were few. Only a few high-end stores could use POS machines. With the wide application of information technology in retail enterprises, the demand for management functions of small and medium-sized supermarkets has increased and the requirements of users have risen. The popularity of information technology has become more and more urgent. The POS machine market has also attracted more domestic brands to enter, and prices have gradually increased. Down, the scope of use of POS machines has gradually spread, and now POS machines are standard for any supermarket, shopping mall, convenience store and other businesses.

From the history of the POS machine, we can see the change in payment habits, and the credit card payment is never trusted to be accepted slowly. The POS machine changed a payment habit and also enabled the merchant to implement information management. After more than 20 years of development, POS technology has matured. The fundamental problem solved by POS machines is the speed of consumers and merchants. It is not only conducive to providing standardized services for merchants, but also making the consumer experience more expensive than previous accounting. It is much better.

It is also the development of more than 20 years, the POS system of the merchant has formed a system. Even if the mobile payment is overwhelmed, the merchant can not easily give up the POS system that he has been operating for many years and adopt the new payment method, so often see The scene is that there are signs of mobile payment such as WeChat payment or Alipay on the merchant's checkout counter, and there are also many POS machines.

Although POS machines are criticized a lot, they are safer than mobile payments. Because POS machines cooperate with banks, banks have mature digital authentication systems and other security systems for authentication. In addition, the POS machine has not stopped innovation, and mobile POS machines and mobile phone POS machines still have a large market space. If the two major industries of express delivery and e-commerce are the fastest-growing industries for mobile POS machines, the O2O market will promote the rapid development of mobile POS machines.

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