PAX Cooperates With China Unionpay Merchant Services For POS Solutions

Shenzhen, China – 27 December 2013

PAX Technology Ltd., a leading global provider of electronic payment solutions, today announced that China Unionpay Merchant Services (UMS) has selected PAX as its major supplier for its 2014 POS solutions. Pax has been UMS business partner since 2002.

UMS is a subsidiary of China Unionpay (UNP) with business focusing on bankcard acquiring and third-party services, providing quality, efficient and standardized services for card issuers, merchants and cardholders through its far-reaching service network across China.

Pax will provide UMS with payment devices including the full range of countertop, portable, MIS PIN Pad, mobile and wireless terminals, which fully meet the highest international standards of secure payment PCI PTS 3.x, EMV certifications.

With over 12 years of accumulated electronic payment industry experience and taking advantages of its cutting edge technology, Pax will be continuous to offer customers the world-class, cost effective, and superior quality payment products and services.

About PAX (

PAX Technology Limited (“PAX”) is an innovative global provider of electronic payment solutions offering world-class, cost effective and superior quality payment solutions. Building on its service excellence and proven leadership position, PAX is considered one of the fastest growing payment solution providers with world-class manufacturing and R&D capabilities and a growing sales and channel partner network across the globe.