In recent years, India’s smart phone industry and telecommunications and communications industry developed rapidly, changing people’s lives in all aspects. Imagine a 70-year-old man who uses Google to see nearby places where the restaurant attendants can learn English by watching YouTube videos during a break; a 60-year-old mother arrives at the airport for the first time through real-time video Chat to listen to the son of human flesh navigation; poor education of parents for children to use online interactive tools to obtain the progress of learning proud. In today’s India, these are nothing new.
2D Barcode Reader is widely promoted at an alarming rate in India, Among all these changes, the emergence and popularity of this new platform for smartphones should be the biggest change. At present, there are more than 2 billion smartphone users worldwide. On average, they spend about 1.5 hours to 2 hours on a smartphone every day. It can be said that smart phones bring countless possibilities for innovation. Many large-scale companies for consumers, to accurately seize this change and the opportunity to provide smart phone-based services and products, such as Uber, Spotify and Airbnb and so on.
India is the world’s smart phone wave in an important participant, the current number of its smart phone users with 2D Barcode Scanner ranked second in the world. In fact, as early as last year, Facebook, Whatsapp and Youtube such Internet giants in India have the number of users, has also become the world’s second. One of the first multinational technology companies to enter the country before entering the Indian market was Siemens, which entered India in 1922. Then in 1977, IBM also entered India. But before India gained national freedom and liberation, almost no large multinational company took the Indian market seriously, and they were not optimistic about the future of the market. Nowadays, there are many well-known multinational companies around the world CEO, will visit India regularly, which in disguise proved the Indian market has the development potential
Although India has about 14 million retail stores, but it is equipped with POS terminals only 2.5 million. India has only 2.8, but there are 13 in the United States, 14 in Australia and 33 in Australia, and 15 in Brazil, according to the POS transaction rate per 1,000 debit cards. According to RBI estimates, India needs to expand the number of POS terminals by ten times enough to support the existing debit card user base.
November 2016, the Indian government in order to combat the shadow economy, reducing the circulation of 86% currency, and vigorously promote the development of electronic payments. So, then, whether debit and credit cards, or electronic mobile wallet, digital payment will gradually increase the penetration rate.
RAKINDA has been devoted to Auto-ID industry for 17 years and we have mature system in providing application solutions and R&D service. Also we have professional R&D team ,strong technical support and rich experience in intelligent firmware R&D. Our core firmware products in mobile payment and intelligent community have been used successfully in public transport, logistics, manufacturing sector, shops, catering industry, medical industry ,government public service areas and receive good market feedbacks always.
