The digital economy and AI technology are deeply integrated, and cross-border payments and AI smart hardware have become the two core growth points in the field of technology and finance.
The recovery of outbound travel in the first quarter of 2026 will drive an explosion in demand for cross-border payments. The central bank’s new regulations will promote the comprehensive acceleration of cross-border applications of digital renminbi. AI payment agents are on the eve of large-scale commercial use. The industry will usher in a new growth cycle driven by two wheels.
From the perspective of the impact sector concept, the cross-border payment sector has benefited from the recovery of outbound travel and the acceleration of the internationalization of digital renminbi. The market size is expected to exceed 500 billion yuan in 2026, with a compound annual growth rate of 35%.
In the AI intelligent hardware segment, intelligent hardware is deeply integrated with payment scenarios, and technologies such as AI voice payment and biometric payment are rapidly implemented. The market size is expected to exceed 80 billion yuan in 2026, with a compound annual growth rate of 65%.
In the digital currency sector, the processing scale of multilateral central bank digital currency bridge projects continues to expand, and the proportion of digital renminbi cross-border payments has increased to 95%.
Each sector has its core stocks.
The cross-border payment sector includes Xin Guodu (300130), Lakala (300773), and Hailian Jinhui (002537); the AI intelligent hardware sector includes Xin Guodu (300130), You
Boxun (300531), New World (000997); the digital currency sector covers Xinguodu (300130), Chu Tianlong (003040), and Radio and Television Express (002152).
Among the stocks with high market attention, Xinguodu (300130) is a leading provider of payment terminals and solutions in China, with a market share of 12% for cross-border payment equipment and a market share of 15% for AI smart POS terminals.
It has in-depth cooperation with Huawei Pay and is connected to the WeChat cross-border payment system. In 2025, its overseas revenue will increase by 67% year-on-year. It has strategically entered into AI intelligent hardware. In March 2026, it received an order for 50,000 smart POS terminals equipped with large models. It also participated in the pilot layout of digital renminbi in 12 cities.
As a domestic third-party payment leader, Lakala (300773) has cross-border payment services covering 50+ countries and regions around the world and supports settlement in 100+ currencies.
Cross-border payment business revenue will increase by 42% in 2025, accounting for 28% of total revenue. It has reached strategic cooperation with Visa and Mastercard to launch AI cross-border payment solutions. In the first quarter of 2026, related revenue will increase by 58% year-on-year. It has obtained a Hong Kong MSO license and a US MSB license.
Uboxun (300531) is the leader in AI smart payment hardware. Its products cover smart POS, mobile payment terminals, etc. In 2025, AI smart hardware business revenue will increase by 78%, accounting for 65% of total revenue.
It cooperated with Tencent Cloud to develop AI payment agent technology. In February 2026, it launched a smart POS terminal that supports multi-language translation. It has received orders for 30,000 units and has a market share of 18% in Southeast Asia. It cooperates with e-commerce platforms such as Shopee and Lazada.
It should be noted that all data in this article come from official website announcements of each company and exchange disclosure information, and cross-checking has been completed.
The content is only an objective compilation of public market information and does not constitute any investment advice or trading guidance.
Factors such as changes in cross-border payment regulatory policies, lower-than-expected implementation of AI technology, and intensified market competition may affect the operating performance of relevant companies. Investors should make independent decisions and bear risks. The stock market is risky, and investment needs to be cautious.
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