CCV Launches PAX Technology’s Multilane PX7 Terminal at EuroCIS 2016

Shenzhen, China, 4th March 2016

PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, and payments systems integrator CCV, recently showcased for the first time in Europe the PAX PX7 multilane & multimedia retail terminal at EuroCIS 2016.

CCV already offers merchants in Germany and the Netherlands a range of PAX based solutions, including the smart PINpad S300, countertop terminal S800, mobile payment terminal S900 and the compact D200 mPOS. The launch of the PX7, a large touch screen multimedia capable payment terminal with full contactless NFC functionality, will continue to reshape CCV’s retail acquiring business, bringing additional value-added services to point of sale locations.

Mr. Reinhard Blum, CEO at CCV Germany, stated: “PAX products have consistently demonstrated superior levels of payment terminal quality in the field and always come packed with the latest cutting edge technology required by European merchants”. He added: “PAX’s investment in research and development and speed of new product rollout has been impressive and CCV is proud to have partnered with such a strong and focused company.”

Mr. Jack Lu, CEO at PAX, commented: “We see excellent growth opportunities in Europe and are positioned to successfully address the complexities of the payments space thanks to our network of channel partners such as CCV”. He concluded: “PAX is increasing R&D investment so that we continue to deliver innovative products and a reliable suite of solutions to our global partners and customers.”

About PAX (
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 CCV (
CCV is an international organization specializing in electronic payments in the Netherlands, Belgium, Luxembourg, Germany and Switzerland. In Europe, CCV is one of the major providers of payment solutions.