The POS machine has risen against the trend! The central bank announced the core data of the first quarter payment system!


According to the “General Situation of the Payment System Operation in the Fourth Quarter of 2016” issued by the central bank, the data shows that the number of acceptance cards for bank cards has declined slightly. Compared with the end of the previous quarter, it decreased by 576,600 and 1,486,600 respectively.

This means that there are 16,500 POS machines disappearing every day, and 6,400 POS merchants completely disable the POS machine!

Today, the central bank once again released the "General Situation of the Payment System in the First Quarter of 2017", and the POS machine industry has risen against the trend!

The bank card acceptance environment continues to improve the bank card acceptance environment. The bank card acceptance environment is continuously improved. The bank card acceptance environment is continuously improved. As of the end of the first quarter, there were 2,137,700 merchants of bank card interbank payment systems, 2,548,900 POS machines, and 940,600 ATM machines, an increase of 645,400, 95,400, and 16,400 units respectively from the end of the previous quarter. The number of POSs per 10,000 people in the country was 184.34, an increase of 6.66% year-on-year, and the number of ATMs per 10,000 people was 6.80, an increase of 4.16%.

The mobile payment business maintained rapid growth. In the first quarter, banking financial institutions handled a total of 37.401 billion electronic payment services, amounting to 756.84 trillion yuan.

Among them, the online payment business was 11.197 billion, with an amount of 658.78 trillion yuan, up 8.17% and 0.14% respectively; the telephone payment business was 4,072,700, the amount was 2.34 trillion yuan, down 25.30% and 26.33% respectively; mobile payment business 9.304 billion, with an amount of 60.65 trillion yuan, an increase of 65.71% and 16.35% respectively.

In the first quarter, non-bank payment institutions handled 947.90 billion online payment services, amounting to 26.47 trillion yuan, up 60.13% and 42.47% respectively.

The penetration rate of bank cards reached 48.60%, up 0.12 percentage points from the previous month; the per capita consumption of bank cards reached 11,000 yuan, up 11.71% year-on-year; the average amount of bank card consumption was 2 424.37 yuan, up 1.07% year-on-year; The amount was 1342.29 yuan, down 20.68% year-on-year.

Scanning code payment is still growing rapidly!

What happened in the fourth quarter of last year? The volume of special merchants and POS machines has been greatly reduced. This is the negative growth of the first POS equipment. Hasn't the cardless transaction begun to subvert the payment market?

Last year was a severe year. The central bank’s last large-scale spot check included 57 banking financial institutions and non-bank payment institutions that carried out bank card acquiring business, including 24 banking institutions and 33 payment institutions.

A total of 171,845 merchants were inspected and 49,472 false merchants were identified, accounting for 28.79%.

It can be seen that it is the strong pressure of the regulatory authorities that the moisture of some of the original false merchants has been squeezed out!

At the same time, the rate reform last year has caused hundreds of thousands or even millions of low-rate POS merchants across the country to enjoy low rates!

This has also led departmental businesses to abandon POS machines!

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