PAX Provides MPOS Solutions to ASB Bank in New Zealand

Shenzhen, China – 15th October, 2014
PAX Technology Ltd., a global leader in the provision of secure electronic payment solutions, is pleased to state that PAX has been selected as a Mobile E-payment Terminal (“mPOS”) solutions provider of ASB Bank Limited (“ASB”).

Established in 1847, ASB is one of New Zealand’s leading commercial banks. It is a wholly owned subsidiary of the Commonwealth Bank, one of Australia’s leading acquiring banks and the most recognised brand in the Australian financial services industry.

PAX’s mPOS – D200 and D210 are selected by ASB to supply merchant customers in New Zealand market as their mPOS solutions. PAX D200 and D210 can be paired with ASB mPOS software and are also featured with multiple connectivity options, such as Bluetooth, WIFI, or GPRS, and accept magnetic stripe card, IC smart card and contactless cards with VISA payWave or MasterCard PayPass. mPOS payment solutions can accept card payment on spot that shall significantly shorten the transaction time and make card holders feeling more convenience on card payment.

Mr. Desmond Chan, Regional Sales Director, Asia Pacific Region at PAX, commented: “New Zealand is a mature market for E-payment Terminals, and PAX is already one of the major providers in this country. We believe our cooperation with ASB will further expand PAX’s market share in New Zealand, and will further bring more opportunities in APAC region.”

For more information please visit:

About PAX (
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 service excellence and proven leadership position, 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).