30 Sep Egyptian Government Selects PAX Technology to Modernize Food Subsidy Market
Shenzhen (China), September 30, 2014 – PAX Technology, a leading global provider of secure electronic payment terminals, is pleased to state that over 20,000 units of PAX’s S90 mobile terminal with dual-SIM GPRS communication and inbuilt contactless functionality will be deployed across multiple provinces in Egypt in an initiative by the Egyptian government to better regulate the distribution and management of food subsidies.
PAX partnered closely with the Egyptian Bureau for Engineering (“EBE”) to deliver a solution that was robust, efficient and cost-effective. Dr. Ibrahim Sanad, CEO of EBE, commented: “Everyone in Egypt is delighted with the performance of the PAX S90 terminal, which offers state-of-the-art technology, the latest contactless standards and very flexible communications options, all inside a wonderfully ruggedized form which is perfectly suited to this market niche.”
Mr. Mark O’Flynn, Sales Director at PAX, added: “The solutions offered by PAX are increasingly playing a key technical role in modernizing the electronic transaction infrastructure across much of the world.”
Mr. Nader Abdelaziz, Regional Manager for the Middle East & North Africa at PAX, concluded: “The level of support provided by our people in China toward our Egyptian channel partner EBE has been superb, both in terms of technical support as well as senior management support, something which more and more customers begin to appreciate as key differentiators between PAX and rival suppliers.”
About the Egyptian Bureau of Engineering – EBE – (www.ebetech.com.eg)
The Egyptian Bureau for Engineering is headquartered in Cairo and specializes in point of sale terminal solutions, card issuance personalization systems as well as network maintenance and support services.
About PAX (www.pax.com.cn)
PAX Technology Limited (“PAX”) is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (0327.HK).