1、 Southeast Asian market
QR code scanning payment aggregation function
Local wallets such as DANA (Indonesia), GrabPay (Southeast Asia), and PromptPay (Thailand) need to be supported simultaneously. Users are more inclined to use products with localized features, which will significantly improve operational convenience.
Market advantage: Covering cardless payment needs, scanning transactions account for over 65%.
Offline trading function
Support storing transaction records when there is no network, and automatically synchronizing after networking. Some areas in Southeast Asia have outdated infrastructure and low signal coverage, which can effectively expand market coverage.
Market advantage: Reduce transaction failures caused by network issues and increase merchant satisfaction by 40%.
2、 African market
USSD payment integration
Pre installed SIM card payment protocol stacks such as M-Pesa and Airtel Money are required. A large number of users in Africa still use feature phones, which can solve the payment needs of non smartphone users.
Market advantage: Reaching a potential user base of 230 million without smartphones.
Solar charging kit
The unstable power supply and high electricity costs in Africa make solar powered solutions more popular among merchants.
Market advantage: Increased daily usage time by three times in areas without power grids.
3、 European market
NFC omni channel support
Mandatory Apple Pay/Google Pay authentication is required, supporting HCE cloud payment.
Reason: 78% of European consumers refuse to use POS machines that only support chip cards, and the lack of NFC will directly lose competitiveness.
Real time VAT declaration function
Automatically generate EU standard value-added tax reports to avoid merchants being fined for tax non-compliance (with an average annual fine of approximately € 2200).
Market Advantage: Becoming a must-have for accessing the tax strict market.
4、 Middle East market
High temperature adaptability
The working temperature of POS machines needs to be extended to 0-60 ℃ (the upper limit for ordinary models is 50 ℃). In the extreme high temperature environment during the day in the Middle East, equipment stability is a key competitive advantage.
Market advantage: The outdoor failure rate has been reduced from 25% to 3%.
Islamic financial function
Provide interest free installment function (use "Profit Rate" instead of "Interest" display).
Market advantage: After obtaining halal certification, it can open up a $2.8 trillion Islamic financial market.
5、 Latin American market
Pix/Codi Instant Payment
67% of Brazilian transactions will be completed through Pix in 2024, and this feature has become a standard for market access.
Market advantage: Meet real-time payment needs and increase transaction success rate by 90%.
Anti robbery function
Equipped with concealed GPS tracking and remote data erasure (screws must be prevented from being removed), suitable for areas with poor public security.
Market advantage: Reduce equipment theft losses and insurance costs by 45%.
The key to entering the global portable POS machine market lies in localized adaptation and scenario based innovation. Only by truly addressing the pain points of the target market can we shift from "price competition" to "value competition" and win long-term customers. Start optimizing your POS machine solution now and seize the global market opportunity!