PAX Inspires Innovation with MPOS and New Payment Terminals at Cartes 2013

Shenzhen (China), 25 November , 2013

PAX Technology Ltd., a leading global provider of secure electronic payment terminals, successfully concluded the 3-day Cartes 2013 Show in Paris, having launched new products for the mobile, integrated retail and hospitality sectors.

Large numbers of visitors from acquiring banks, processors, payment system integrators, and telco operators met with PAX sales and technical personnel to better understand the benefits PAX can bring as a payments solution partner.

This is the sixth consecutive year PAX has participated in Cartes, and of particular focus were the innovative portfolio of MPOS devices (D180, D200, D210) as well as PAX’s new portfolio of traditional POS terminals (S300, S800, S900). PAX solutions come packed with a whole suite of industry certifications including PCI PTS, SRED, EMV, Contactless NFC, MasterCard PayPass, Visa payWave, and Apple Inc.’s MFi.

Raymond Shi, Vice President of PAX for Research & Development said: “MPOS is a significant disruptor within the electronic payments space and we see this as a perfect opportunity to form strategic relationships to deliver secure, trusted and reliable mobile payment solutions”. He added: “New payment technologies and the ubiquity of the smart devices is rapidly changing the payments landscape and PAX is at the forefront of this innovation”.

Jack Lu, Chief Executive Officer of PAX concluded: “We would like to thank our global customers who have helped firmly position PAX as the leading payment solution provider, and we look forward to strengthening our support for their businesses in future.”

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.