Agricultural Bank of China Selects PAX D210 Wireless POS for Restaurants

Shenzhen (China), October 30, 2012

PAX Technology Ltd., a global provider of electronic payment solutions, was selected by Agricultural Bank of China to provide the innovative D210 wireless POS terminal for hospitality merchants.

The Tianjin Branch of the Agricultural Bank of China and the Tianjin Chamber of Commerce held a press conference to launch the ‘POSPAD’ project. Over 40 top-tier restaurants attended, as well as management from partners Lenovo and PAX.

Mr. Lu Jie, the Chief Executive Officer of PAX Computer Technology (Shenzhen) Co. Ltd. commented: “We are delighted to provide one of the leading acquiring banks in the world with our superior quality yet cost effective solutions”.  The D210 is a secure PCI certified wireless POS terminal, offering Bluetooth and Wi-Fi connectivity to integrate with a wide range of smart phone and tablet computer brands. The compact and stylish D210 comes with state-of-the-art processors and large amounts of memory capacity.

The POSPAD payment system is considered one of the best solutions for China’s restaurant sector, featuring a range of banking payment applications and integration to back-end systems.

About PAX (www.pax.com.cn)

PAX Technology Limited (“PAX”) is a global provider of electronic payment solutions offering world-class, cost effective and superior quality payment solutions. Building on its service excellence and proven leadership position in Asia, PAX is considered one of the fastest growing payment solution providers with world-class manufacturing and R&D capabilities and a growing sales and channel partner network across the globe.