Shenzhen China, 17 February 2014
PAX Technology, a leading global provider of electronic payment solutions, became one of nine new organizations that will actively participate in discussions to manage and evolve the EMV Specification.
PAX has joined as one of Technical Associates and will focus on making contributions to technical and operational issues connected to the EMV Specifications and related processes.
Launched in March 2010, the EMVCo Associates Programme provides the global payments community with a platform to engage in the work of EMVCo, a global technical body which is collectively owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa. The programme encourages participants to provide input into the enhancement of existing, and creation of future, EMV Specifications for payment technologies.
Mr. Jack Lu, CEO at PAX, states: “With over ten years of industry experience and taking advantages of our cutting edge technology, PAX continually offers customers the world-class, cost effective, and superior quality products and services. We will take an active part in technical discussions within the EMVCo Associates Programme.”
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 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.