A point of sale (POS) is a combination of software and hardware that a business owner needs to run transactions. The software typically encompasses comprehensive functions, including payment processing and staff, customer, and inventory management. The POS hardware includes an internet-enabled device that can run the POS software, plus transaction tools like a receipt printer and a cash drawer.

The 5G telecommunication exhibition area at the China International Fair for Trade in Services showcases a wide range of 5G applications and services, including 5G life, games, transportation, consumption, city construction and manufacturing.

In some ways, the success of e-wallets in China highlights aspects of the Chinese market that would be difficult to recreate elsewhere. But Southeast Asia can pick up some lessons if it hopes to push consumers towards a cash-free world.