Global Point Of Sale shipment increases paint a positive retail picture
According to the October 2022 Nilson Report, global Point Of Sale (POS) terminal shipments worldwide reached 136 million in 2021, up 4.3% over 2020. Newland Payment Technology Terminals rose to third place behind Worldline/Ingenico and Pax, with 11.235 million shipments to give the brand a 8.26% share of the global POS market.
Closer to home, the Middle East-Africa (MEA) region received 8.9 million POS terminals last year, up 35.7%, growing its market share of global shipments to 6.52% from 5.01%. Newland Payment Technology terminals increased their footprint by one place to become the second-most shipped terminal brand in the region.
POS terminals counted include countertop, multilane, tablet and handheld devices with integrated chip and/or magnetic stripe card readers, unattended devi...