Shenzhen, China – 28th October, 2015
PAX Technology (HKEx: 00327 ‐ PAX GLOBAL), a global leader in the provision of secure Electronic payment terminal solutions, has been chosen by Bank Rakyat Indonesia (BRI) as a supplier of point‐of‐sale (POS) terminals.
BRI has more than 200,000 payment terminals in the field today, a network of over 20,000 ATMs and 10,000 outlets serving customers throughout Indonesia. BRI will also be deploying PAX’s S800 countertop and S900 mobile terminals to enhance their merchant offering.
Mr. George Filandow, CEO of PT. Smartweb Indonesia, PAX’s regional partner, said, “We are launching the first models of terminals, that more luxury features for S900 and S800, and thanks for PAX’s support. In the future, we’ll be continuing to expand our market in Indonesia.”
Mr. Eric Li, Regional Sales Director of PAX, said, “We are delighted to be serving Bank Rakyat Indonesia through PT Smartweb Indonesia and, like all of our worldwide customers, are confident that in PAX they will find a superior quality provider of payment terminal solutions.”
Mr. Daniel Poon, the President of PAX APAC Region, concluded, “PAX is serving an increasing number of acquiring banks in the Asia Pacific region and Indonesia remains a key strategic market for us to deliver enhanced customer value to customers such as BRI.”
About PAX (www.pax.com.cn)
PAX Technology 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).
About Bank Rakyat Indonesia (www.bri.co.id)
PT Bank Rakyat Indonesia Tbk (BRI) is one of the largest banks in Indonesian and Asia Pacific Region. BRI is the oldest bank of Indonesia and was a state-owned company until 2003 when it listed 30 percent of its shares on the Indonesia Stock Exchange (IDX). It is currently one of the largest Indonesian companies in terms of market capitalization. BRI operates seven levels of service offices, consisting of its head office, 19 regional offices, 461 branch offices (including overseas offices), 584 sub-branch offices, 971 cash offices, 5,293 BRI units, 2,457 teras BRI, and 610 mobile Teras mobile.