Aiming at the requirement of receiving correctly decoded data from the tag under high-speed communication which complied with EPC Gen2 standard in the design of UHF interrogator, the article introduced a new technology for FM0 decoding which counted the timer counter to judge data by using the edge interval of signal capture based on the ARM7 platform. Compared with the traditional FM0 decoding method which used the timer timed to sample the high and low level, the method could reduce the accumulation of timing error and could relatively separate capture timer interrupt and the data judgment for decoding, so that the disruption effect on the decoding was small and realizd synchronization of capture and decoding. Testing result shows that the method improves the efficiency of decoding, at 160 Kb/s receiving speed, the time of the interrogator to read a tag is about 30 times/s.