What SZZT Electronics does

SZZT Electronics Co., Ltd. is a Shenzhen-headquartered, publicly listed (Shenzhen Stock Exchange, stock code 002197) manufacturer of secure payment and self-service terminal hardware, founded in 1993 with USD 66 million in registered capital. The company designs, manufactures and sells Android-based smart POS terminals, classic POS devices, encrypted metal PIN pads (EPP), self-service kiosks, fiscal POS systems, handheld PDAs and an associated Terminal Management System (TMS) platform. Underlying technology includes a proprietary password security chip with independent intellectual property, national secret algorithm support (SM2/SM3/SM4) alongside DES/3DES/RSA/AES, PCI 1.x/2.x/3.x-certified EPPs with IP65 protection and 2-3 million key-press lifespans, metal injection molding, and a high-level automated manufacturing line.

The portfolio spans Android ARM 8-core dual-screen terminals with optional facial recognition and identity modules, OpenHarmony 3.2.1-compatible industry terminals (ZT2085 Government Affairs Service Terminal, ZT2220 Anping Service Terminal, ZT2190 Financial Self-service Terminal), and the ZT8309 smart broadcast speaker with TTS and QR display. SZZT operates three industrial parks (Shenzhen, Changsha, Dongguan), multiple IDC data centers (Shenzhen Guangming, Guangzhou Nansha, Dongguan Shijie/Qifeng, Changsha Wangcheng, Wuhan Shenhu), 6 R&D centers, 28 after-sales service centers and 182 service outlets, holding ~200 patents and 180+ payment certifications.

Revenue is generated predominantly through B2B hardware sales — POS terminals, EPPs and kiosks — together with ODM/OEM custom manufacturing services for multinational and smaller buyers, plus TMS managed services and technical services. Go-to-market is sales-led: direct enterprise sales to banks (e.g., Bank of China, 20+ domestic banks with kiosk short-list qualification), retailers, government agencies and public-security bodies, supplemented by international exhibition presence (e.g., Seamless Africa 2023), a 13-language website, and quote-based multi-year contracts. The company claims distribution across 160+ countries and ranks top 3 domestically for self-service banking kiosks, with 2016 industry ranking of #5 globally in secure payment and self-service terminals.

Name

SZZT Electronics

Legal name

SZZT Electronics Co.,Ltd

Website

https://szztelectronics.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SZZT Electronics is a Shenzhen-listed Chinese manufacturer (stock code 002197, founded 1993) of secure payment terminals, encrypted PIN pads, POS systems, and self-service kiosks serving banks, retailers, government agencies and government services customers across 160+ countries via B2B direct sales and ODM/OEM channels.

Ownership category

akta.pro rank

Product category

Payment Terminal Hardware

NAICS

Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118)

SIC

Computer Terminals (3575)

akta.pro primary industry

POS Terminal Hardware (Countertop, Mobile, PIN Pads) (FSAMADAA)

akta.pro secondary industries

Payment PIN Pads, Card Readers & NFC Contactless Devices (HDACAKAG), POS Security, Encryption & Key Management (P2PE, HSM, Key Injection) (FSAMADAK), Secure ICs, Smart Cards & Trusted Hardware (HDAHAAAJ), Kiosks & Self-Service Terminals (TITO, Loyalty, Cashless, Sportsbook Kiosks) (MPAEANAG), EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG), Lottery Payments, Wallets & Cashing Solutions (MPAEAFAH)

Keywords

• Secure payment terminals
• Encrypted PIN pads
• Self-service kiosks
• POS hardware manufacturing
• Financial terminal ODM

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Hardware Sales - POS Terminals: Sale of point-of-sale terminals including Android Smart POS, Classic POS, Smart Tablets. The company manufactures and sells terminal hardware to financial institutions, retailers, and other businesses.
2. Hardware Sales - Encrypted PIN Pads (EPP): Manufacturing and sale of encrypting PIN pads including ZT588, ZT596, ZT598, ZT599 series and UPT series for ATMs, kiosks, and self-service terminals.
3. Hardware Sales - Self-Service Kiosks: Production and sale of self-service kiosk devices including ZT2312, ZT8510, ZT8511 and various CTM/STM solution series for banking, retail, and public applications.
4. ODM/OEM Custom Manufacturing: SZZT supplies ODM/OEM products worldwide to a wide range of companies from large multinational organizations to small individual companies, integrating customers' ideas and providing customized service.
5. TMS Platform Services: Terminal Management System (TMS) platform for managing deployed terminals, demonstrated through TMS Introduction and Demo Platform offerings.
6. Technical Services: Comprehensive associated technical services for electronic payment and related industries, including software integration, platform operations, and business software solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

SZZT Electronics manufactures and sells secure payment terminal hardware including Android-based POS terminals, PCI-certified encrypted PIN pads (EPP), and self-service kiosks for banking, retail, and government applications. The company also provides ODM/OEM custom manufacturing services for international partners, alongside a Terminal Management System (TMS) platform for managing deployed terminal fleets.

Product overview

SZZT Electronics is a secure payment and self-service terminal manufacturer offering a comprehensive portfolio of products. The portfolio includes Android Smart POS terminals (KS8223, KS8226 series), Android Smart Tablets (ZT8629, KS8123), Classic POS devices, Fiscal POS systems, Encryption PIN Pads (ZT588, ZT596, ZT598, ZT599 series), Self-Service Kiosks (ZT2312, ZT8510), TMS Platform for terminal management, and PDA devices. The ZT8629 dual-screen terminal serves as a flagship product integrating code scanning, bank card, and identity recognition. The ZT599 and ZT596 series provide PCI-certified metal encrypted PIN pads. Recent OpenHarmony-based products (ZT2085, ZT2220, ZT2190) extend capabilities into government affairs and financial self-service sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Android Smart POS Touch-based smart POS terminals running Android OS, including KS8223, KS8226, and KS8223S models with support for mobile payments, biometric (iris, fingerprint), and multi-payment authentication for financial institutions, retailers, and payment service providers.
• Android Smart Tablet POS Android-based tablet POS terminals for desktop retail payment including ZT8623, KS8123, ZT8120, KS8618, ZT8609, KS8303, and ZT8641 models designed for retailers and merchants.
• Classic POS Traditional POS terminals including handheld wireless POS (I90, ZT8225), mobile payment terminals with GPRS/3G (ZT8215, KS8210), and QR code payment series (KS8312, KS8612, ZTS-FR20) for retailers and merchants.
• Fiscal POS POS terminals with fiscal reporting and barcode scanning capabilities, including ZT8351, KS8223 Fiscal Version, KS8223S Fiscal Version, and ZT8350 series for retailers and fiscal compliance use cases.
• Encryption PIN Pad (EPP) PCI-certified metal encrypted PIN pads (EPP) for secure payment entry including ZT588, ZT596, ZT598, ZT599 series, and UPT series unattended payment terminals, used in ATMs, kiosks, and self-service terminals by banks and payment terminal OEMs.
• Kiosk Device Self-service kiosk terminals including ZT2312, ZT8510, ZT8511, and CTM/STM solution series for banking, retail, lottery, and government self-service applications.
• TMS Platform Terminal Management System (TMS) platform for managing and monitoring deployed payment terminals remotely, enabling fleet operations, remote key loading, and terminal lifecycle management for enterprise payment terminal operators.
• PDA Handheld PDA devices for mobile data capture and processing, including ZT8211, ZT8212, and ZT8213 models used by field operations, retail, and logistics businesses.
• ZT8629 Dual-Screen Smart Terminal Desktop dual-screen intelligent terminal integrating code scanning, bank card, and identity recognition modules with ARM 8-core 2.0GHz processor, Android 9.0, dual 15.6-inch displays, built-in thermal printer, and optional facial recognition and ID module for retail and identity verification applications.

Quantifiable outcome

• 180+ payment certifications obtained globally
• +5 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core and major.

• OpenAtom OpenHarmony FoundationcoreTechnology or IntegrationSZZT is a Demonstration Unit of OpenHarmony Ecological Practice, Member Unit of OpenHarmony Project Group Working Committee of Open Atom Open Source Foundation, and Vice-president Unit of Financial Payment Specialized Committee. SZZT has 11 products that passed OpenHarmony 3.2.1 compatibility assessment.
• HitachimajorStrategic or Co-development PartnerHitachi is identified as one of global partners of SZZT, indicating a strategic business relationship in the financial payment technology sector.

Scale indicators9 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• BBPOS: Hong Kong-headquartered payment terminal manufacturer specializing in mobile POS (mPOS) and Android Smart POS terminals. Comparable to SZZT in emerging-market and acquirer-channel distribution.
• Verifone: US-headquartered global leader in payment terminals and POS solutions, offering countertop, mobile, integrated, and unattended terminals with PCI-certified security. Competes with SZZT across both retail and financial institution segments, particularly in Tier-1 markets.
• PAX Global Technology: Hong Kong-listed manufacturer of payment terminals (Android Smart POS, countertop, mobile, EPPs) with a comparable product portfolio and global distribution reach across 120+ countries. PAX is the most direct POS hardware competitor to SZZT, particularly in emerging markets and acquirer channels.
• Castles Technology: Taiwan-based manufacturer of secure payment terminals, EPPs, and unattended self-service kiosks serving global acquirers, banks, and retailers. Direct competitor in PCI-certified EPP and kiosk hardware.
• Sunmi: Shanghai-headquartered Android-based smart commercial device maker (POS terminals, handheld terminals, kiosks). Directly competes with SZZT in Android Smart POS and tablet POS categories for retail and SMB merchants.
• Nexgo: China-based POS terminal manufacturer offering Android Smart POS, mobile terminals, and EPPs targeting acquirers, banks, and retailers globally. Comparable product mix and emerging-market distribution to SZZT.
• Newland Payment Technology: Chinese payment terminal manufacturer (subsidiary of Fujian Newland) producing Android Smart POS, EPPs, QR code terminals, and self-service kiosks. Closely comparable to SZZT in domestic PRC banking and government verticals with international expansion ambitions.
• Ingenico (Worldline Terminal Solutions): France-based (now part of Worldline) payment terminal manufacturer with Tetra and AXIUM Android terminal lines, EPPs, and unattended terminals serving global acquirers and banks. Direct competitor to SZZT in PCI-certified secure payment hardware.

Broad incumbents

• Diebold Nixdorf: Global provider of banking self-service (ATMs, kiosks) and retail POS solutions with comprehensive enterprise software. Overlaps with SZZT in self-service banking kiosks and unattended payment hardware, especially for Tier-1 banks.
• NCR Corporation: US-based broad incumbent in banking self-service (ATMs, kiosks) and retail POS with a much wider portfolio than SZZT. Overlaps with SZZT specifically in self-service banking kiosks and unattended payment terminals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ElectronicsSzzt
• Facebookfacebook.com/SZ002197

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SZZT Electronics