Novelpay Provides PAX D210 mPOS Solutions to LOT Polish Airlines

Shenzhen (China), June 5, 2015 – PAX Technology Limited, a leading global provider of secure electronic payment terminals, and Novelpay, a channel partner for PAX, are pleased to report that Poland’s national airline, LOT, has selected the PAX D210 mPOS as the secure payment terminal to be used for on-board sales on its long-haul carriers flying on 92 international routes.

Novelpay is providing LOT with a fully integrated solution including:

– The EMV, PCI PTS 4.x and Contactless certified PAX D210 terminal.

– Raspberry Pi Forwarding that securely connects via Bluetooth with the PAX D210, moving data to Elavon, the acquirer selected by LOT.

– Acceptance of all major chip, magstripe and contactless cards (Visa, Mastercard, Diners Club, JCB, American Express), as well as cash payments.

– A back office system that manages terminals and generates extensive reports to monitor the sales record per route, per flight attendant and per product.

Mr. Krzysztof Jarosz, IT Department Manager of LOT, said, “Novelpay’s integrated electronic payment solution ensures LOT Polish Airlines can meet industry and security requirements.The back office system will particularly facilitate the work of our staff from several departments.”

Mr. Jean Paul HildebrandtCEO of Novelpay, added, “We are delighted that LOT selected our offer and trusted our expertise. It is an honour to provide Polish Airlines with our innovative mobile payment solution. We are delighted to see PAX deploying its products aboard Polish aircraft across the world.“

Mr. Mark O’Flynn, Sales Director of PAX, concluded: “We are delighted to serve LOT and expect to generate new revenues from similar on-board solutions on other national airlines across the world in future.”

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 cutting edge technology and service excellence, 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 Novelpay (www.novelpay.pl)

Novelpay Sp. z o.o. was founded in 2012 by a group of experienced professionals, active in the payment industry and enjoying solid reputation as extremely professional, efficient and reliable. Novelpay team members implemented many projects for the largest acquirers and retailers in Poland, Slovakia and the Baltic states.

About LOT Polish Airlines (www.lot.com)

Polskie Linie Lotnicze LOT S.A., trading as LOT Polish Airlines, is the flag carrier of Poland and a member of the Star Alliance. LOT was established in 1929 and nowadays its fleet is flying on more than 90 routes in Europe, the Middle East, North America and Asia. Most of the destinations are served from LOT’s hub in Warsaw.

About Elavon (www.elavon.com)

Elavon Inc., formerly NOVA, is a processor of credit card transactions and a subsidiary of U.S. Bancorp. Elavon, a leader in processing payments for over twenty years, operates in more than 30 countries and supports the payment needs of more than 1,000,000 merchant locations worldwide.