Middle East Processor Awards PAX for mPOS Innovation

Shenzhen, 12th November 2015
PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, has been presented “Award of Excellence” for its innovative mPOS solutions by Emerging Markets Payments (EMP), the leading electronic payments processing company in the emerging markets of Africa and the Middle East.

The EMP Group is majority owned by private equity house Actis and serves over 130 banks and 30,000 retailers across 45 countries. The award was presented to PAX, and their Amman-based payment system integrator Trust SL, by Hassan Mayassi, Chief Executive Officer of EMP Jordan.

Mr. Nader Abdelaziz, Region Manager of the Middle East & North Africa at PAX, explained, “The D200 mPOS with combined GPRS and Bluetooth connectivity is being successfully used by EMP to enable merchants such as Kentucky Fried Chicken (KFC) to offer an innovative Pay-At-Home delivery service.” Mr. Amer Halawani, Chief Executive Officer of Trust SL, added, “We are grateful to EMP for this award and look forward to helping them introduce many innovative payment solutions in future.”

The beautifully designed D200 continues to be the world’s best-selling mPOS device because it offers full NFC contactless capabilities combined with a wide range of connectivity options including GPRS, Bluetooth and WiFi. The D200 is also MFi certified by Apple to work with iOS smart devices (Manufactured for iOS).

Mr. Mark O’Flynn, Sales Director at PAX, said, “We will continue to deploy E-payment Terminals in Jordan next year.” He concluded, “Throughout the Middle East and Africa in particular we are experiencing a huge surge of interest by acquiring banks and their merchants to deploy GPRS enabled mPOS terminals as both a much more cost-effective and innovative option to traditional payment terminals.”
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 EMP (www.emp-group.com)
The Emerging Markets Payments Group was established to deliver world-class electronic payments services to banks, retailers, governments and consumer finance institutions across the Middle East and Africa. The EMP Group is majority owned by leading emerging markets private equity house, Actis, and has made several payment industry acquisitions including MSCC in Egypt in 2010, Visa Jordan Card Services in Jordan 2011, and ACET Processing in South Africa in 2012. EMP Group now serves more than 130 banks and 30,000 retailers and other merchants across 45 countries in Africa and the Middle East.