03 Mar PAX EXPANDS THE BRAZILIAN MARKET PRESENCE BY PARTNERING WITH UOL
Shenzhen (China), 3 March 2014
PAX Technology Ltd., a leading global provider of electronic payment terminals, is pleased to announce the expansion of its Brazilian market presence by establishing a partnership with UOL, the leading internet services and online content company in Brazil.
UOL will leverage its more than 40,000 retail POS software customers portfolio to deploy PAX’s D200 to accept credit and debit card payments.
D200 is an innovative MPOS terminal with Wi-Fi and Bluetooth connectivity, enabling secure payments via smart phone and tablet PC. Featuring innovative touch-press key design makes the high-security POS product more portable. Clients can easily use it to process transactions or promote services anytime and anywhere.
Mr. Gilberto Novaes, CEO of PAX Brazil stated “As UOL became one of our major clients, PAX reinforces its presence in the fast-growing Brazilian market. It is our ongoing steps to build up an expanded distribution network in the selected emerging market”.
About UOL (www.uol.com.br)
UOL is the leading internet services and online content company in Brazil. It reaches more than 6.7 billion monthly page-views, according to Omniture. Its home page receives more than 50 million unique visitors per month. It is a pioneer in the Brazilian Internet industry, offering the widest Portuguese online content and has more than 1,000 news, information, entertainment and service channels. It has the largest online platform of products and services in advertising, mobile services, electronic online payment (PagSeguro), e-commerce (Shopping UOL, TodaOferta), hosting and security services (UOL Host and UOLDIVEO).
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 payment solutions. Building on its service excellence and proven leadership position, 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.