PAX Ties Up Again with BoCom for E-payment Terminal Solutions

Shenzhen (China), 27 August 2014

PAX Technology Ltd., a leading global provider of E-payment Terminals, is pleased to partner with Bank of Communications (“BoCom”) to power its E-payment Terminal solutions in 2014. The partnership enables PAX to reinforce its leading position in the electronic payment market.
BoCom will utilize PAX’s traditional E-payment Terminals and innovative mPOS to build and upgrade its networks. All devices have been certified with the highest industry security standards.
Established in 1908, BoCom is among the top five leading commercial banks in China, with its business scope covering commercial banking, securities, trusts, financial leasing, fund management, insurance and offshore financial services among others. BoCom has a nationwide and internationally oriented business network, with branches and outlets in developed regions, central cities and international financial centers. PAX initiated a long-term and stable partnership with BoCom beginning in 2007. This year PAX will once again collaborate with BoCom to expand amid the growing demand of electronic payments in China.
As one of the global leading E-payment Terminal providers, PAX always sheds light on new technology so as to continuously innovate and enrich its product line in order to better adapt to new and evolving types of consumer behaviors.
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.