POSBANK
POSBANK is a South Korean KOSDAQ-listed manufacturer of POS terminals, self-service kiosks, and kitchen display systems, serving retail, restaurant, and hospitality customers globally through 120+ distributors.
- Company typePublic
- Founded1994
- HeadquartersSeoul, South Korea
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What POSBANK does
POSBANK CO., LTD. is a South Korea-headquartered, KOSDAQ-listed manufacturer of point-of-sale (POS) hardware and self-service kiosks, founded in 1994. The company designs and produces a broad hardware portfolio including traditional POS terminals (APEXA, EDGE, ACT, DCR, MINT), premium-tier aluminum die-cast terminals (FORGED, MAZIC Prime), self-service kiosks (MAZIC K, BIGPOS), kitchen display systems (KDS), panel PCs, box PCs, table-ordering mini-kiosks (PAI), and supporting peripherals such as POS monitors and printers. The technology stack supports both Windows and Android operating systems, integrates Intel processors up to the 13th generation, employs fanless thermal architectures, and includes engineering features such as IP54-rated conformal coating and Power over Ethernet (PoE) for kitchen environments.
POSBANK sells primarily through a B2B distribution model comprising 120+ global distributors and direct sales offices in the US (California and New York), serving three end verticals: retail, restaurants (including QSR, casual, and fine dining), and hospitality. The company also offers OEM/ODM custom manufacturing services for embedded IoT systems and a proprietary MDM solution (PCCL) for managing deployed hardware fleets. Pricing is quote-based rather than publicly disclosed, and the core revenue model is one-time hardware sales with supporting technical support services; no recurring software or SaaS revenue stream is indicated in available data. The company's scale signals include approximately 283,000 units of annual production capacity, the KITA Export Tower Award received in 2022 at the $50M export milestone, and active participation in major global industry trade shows (NRF, NRA SHOW, EuroShop, Computex). POSBANK has 51-100 employees and is led by founder and CEO Steven Eun.
POSBANK firmographics
Firmographics- Name
- POSBANK
- Legal name
- POSBANK CO.,LTD.
- Website
- https://posbankusa.com
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- POSBANK is a South Korean KOSDAQ-listed manufacturer of POS terminals, self-service kiosks, and kitchen display systems, serving retail, restaurant, and hospitality customers globally through 120+ distributors.
- Ownership category
- akta.pro rank
POSBANK industry classification
Industry- Product category
- Point of Sale Hardware
- NAICS
- Electronics and Appliance Retailers (449210), Electronics and Appliance Retailers (44921), Hardware Retailers (44414)
- SIC
- Wholesale-Electronic Parts & Equipment, Nec (5065), Wholesale-Electrical Appliances, Tv & Radio Sets (5064)
- akta.pro primary industry
- POS Terminals & All-in-One Retail Computers (HDACAKAA)
- akta.pro secondary industries
- POS Accessories & Spares (Cables, Stands, Cases, Replacement Parts) (HDACAKAL), Business/Enterprise IT Hardware Retail (Workstations, Servers, POS) (CRACABAJ), POS Terminal Hardware (Countertop, Mobile, PIN Pads) (FSAMADAA), Restaurant Technology Supplies (POS Hardware, Kiosks) Wholesale (AFAIALAM)
Keywords
Where POSBANK is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices3 records
Markets served
POSBANK business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Hardware Sales: Sale of POS terminals, all-in-one POS systems, self-service kiosks, panel PCs, kitchen display systems (KDS), tablets, box PCs, POS monitors, POS printers, and peripherals. One-time purchase model with no recurring revenue mentioned.
- Technical Support Services: Technical support services provided to customers including FAQ, download center, and support contact options
- OEM/ODM Services: Custom OEM and ODM manufacturing services for IoT embedded systems and custom hardware solutions
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
POSBANK product offering
Product offeringCore offering
POSBANK designs, manufactures, and sells point-of-sale (POS) hardware including traditional POS terminals, all-in-one POS systems, self-service kiosks, kitchen display systems (KDS), panel PCs, tablets, box PCs, POS monitors, POS printers, and related peripherals. The company sells these products primarily to retail, restaurant, and hospitality businesses through a global network of 120+ distributors, supplemented by direct enterprise sales.
Product overview
POSBANK is a global POS (Point of Sale) and self-service kiosk manufacturer offering a comprehensive hardware portfolio. The product lineup includes multiple branded product lines: the flagship APEXA series (APEXA CORE, APEXA X) and premium FORGED and MAZIC Prime POS terminals for high-end retail and hospitality; the EDGE ultra-slim fanless POS; the MAZIC K self-service kiosk; KDS (Kitchen Display System) for restaurant kitchens; PAI table ordering mini-kiosk; BOX PC and Panel PC for embedded applications; and BIGPOS/BCK product lines. The company also provides supporting peripherals including POS monitors and printers. Beyond hardware, POSBANK offers complementary services including IoT embedded solutions, OEM/ODM custom hardware development, and MDM (Mobile Device Management) solutions. The company is KOSDAQ listed and ships to over 120 distributors globally with annual production capacity of 283,000 units.
Differentiator
Problem solved
Functional benefit
Brands
- APEXA: All-in-one POS terminal product line
- APEXA CORE
- EDGE
- ACT
- DCR
- MAZIC
- MAZIC K
- MINT
- BIGPOS
- PCCL
- KDS
- PAI
- FORGED
Products and services
- APEXA CORE
Companies that use POSBANK
Customer profileSegments3 records
Ideal customer profiles3 records
POSBANK technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
POSBANK partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights5 records
POSBANK competitors and assessment
Company assessmentDirect peers
- Partner Tech: Taiwan-based POS hardware and self-service kiosk manufacturer offering terminals, panel PCs, and kitchen display systems targeting the same retail, restaurant, and hospitality verticals as POSBANK. Closely comparable Asian mid-market competitor with overlapping global distributor model.
- Elo Touch Solutions: US-based manufacturer of touchscreen POS terminals, all-in-one systems, and self-service kiosks used across retail and hospitality. Directly competes with POSBANK's APEXA, MAZIC, and EDGE lines in the enterprise touchscreen-POS category.
Broad incumbents
- NCR Voyix: Global incumbent in POS hardware and software for retail and hospitality, including self-service kiosks. Offers an integrated software-plus-hardware stack that competes with POSBANK's hardware-only approach at the high end of enterprise deals.
- Toshiba Global Commerce Solutions: Major enterprise POS hardware and integrated solutions provider for retail. Competes with POSBANK in large retail deployments where full-stack offerings are preferred, though it does not target POSBANK's mid-market distributor channels as directly.
- Fujitsu Frontech: Japanese POS hardware and kiosk manufacturer with similar product categories (POS terminals, self-service, panel PCs). Comparable as a regional incumbent but typically competes in different geographic markets than POSBANK.
Emerging players
- PAX Global Technology: Hong Kong-listed manufacturer of payment terminals and Android-based SmartPOS devices. Comparable Asian hardware peer with overlapping component supply chain and emerging presence in retail POS hardware adjacent to its payment-terminal core.
- Sunmi: China-based manufacturer of Android POS terminals, handheld devices, and self-service kiosks. Competes in similar mid-market price tiers as POSBANK's APEXA and EDGE lines, with comparable distributor-led go-to-market models.
- Castles Technology: Taiwan-based POS and payment terminal manufacturer serving retail, hospitality, and unattended segments. Comparable Asian peer with overlapping hardware categories (terminals, kiosks) and a similar global distributor footprint.
- Square (Block): Integrated POS hardware-software-payments provider whose low-cost tablet-based POS kits increasingly compete with traditional dedicated POS terminals in SMB retail and restaurant segments that overlap with POSBANK's distribution channels.
Regional players
- Bematech (TOTVS): Brazilian POS hardware manufacturer and POS software provider serving Latin American retail and foodservice markets. Comparable POS hardware line but operates primarily in a different geography than POSBANK's global distributor base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
POSBANK social profiles
Digital presencePOSBANK financial estimates
Financial estimateRevenue estimate
Valuation estimate
POSBANK leadership team
Management profileNumber of profiles
Profiles1 record
POSBANK subsidiaries and ownership
Company hierarchySubsidiaries1 record
POSBANK funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
POSBANK M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about POSBANK
What does POSBANK do?
POSBANK designs, manufactures, and sells point-of-sale (POS) hardware including traditional POS terminals, all-in-one POS systems, self-service kiosks, kitchen display systems (KDS), panel PCs, tablets, box PCs, POS monitors, POS printers, and related peripherals. The company sells these products primarily to retail, restaurant, and hospitality businesses through a global network of 120+ distributors, supplemented by direct enterprise sales.
Is POSBANK a public or private company?
POSBANK is a public company. It is classified as public and is currently operating.
When was POSBANK founded?
POSBANK was founded in 1994. It employs 51 to 100 people.
Where is POSBANK based?
POSBANK is headquartered in Seoul, South Korea, in the Asia region.
How does POSBANK make money?
Three revenue lines are on record. Hardware Sales are the primary driver. The others are technical Support Services and OEM/ODM Services.
Who are POSBANK's main competitors?
Direct peers on record are Partner Tech and Elo Touch Solutions. Broad incumbents are NCR Voyix, Toshiba Global Commerce Solutions and Fujitsu Frontech. Emerging players are PAX Global Technology, Sunmi, Castles Technology and Square (Block). Bematech (TOTVS) is listed as a regional player.
Does POSBANK have an API?
No public API is recorded for POSBANK.
What industry is POSBANK in?
POSBANK's product category is Point of Sale Hardware. Its primary akta.pro industry code is HDACAKAA, POS Terminals & All-in-One Retail Computers, with a secondary code of HDACAKAL, POS Accessories & Spares (Cables, Stands, Cases, Replacement Parts). Its NAICS code is 449210 and its SIC code is 5065.