07 May PAX E-Payment Terminals Receive Span2/MADA Certification in Saudi Arabia
Shenzhen (China), May 7th, 2015 – PAX Technology Limited, a leading global provider of secure electronic payment terminals, has received banking certification in Saudi Arabia.
Intersoft is one of the leading payment system integrators for e-Banking systems in Saudi Arabia and the Gulf Cooperation Council (GCC) region. It has appointed PAX as its channel partner for the Saudi banking sector. PAX’s products S800 CounterTop, S900 Wireless and SP20 PINpad have been certified for Span2/MADA by the Saudi Arabian Monetary Agency (SAMA).
Mr. Ammar Al Qadi, CEO of Intersoft, said: “Our POS terminal solutions have been supplying to Saudi banks for many years and we are delighted to introduce a higher quality and more competitive offering through PAX.”
Mr. Nader Abdelaziz, Regional Manager for the Middle East & North Africa at PAX, added: “PAX has already deployed terminals in the telecommunication sector in Saudi Arabia and we expect to see a lot more terminal shipments in the coming years.”
Mr. Andrew Wu, President of EMEA region at PAX, concluded: “We are excited about the collaboration and applaud SAMA’s vision of introducing more innovative payment solutions to the Saudi market.”
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 considered 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).
About Intersoft (www.intersoftpos.com)
Intersoft was established in 1991 as a company specialized in Retail, Hospitality and Banking Point of Sale Systems. Employing over 120 people, Intersoft currently has 5 branches, of which 3 are in Saudi Arabia, 1 in the United Arab Emirates and 1 in Jordan.