Shenzhen, China, 14th December 2015
PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, unveiled the A920 model, the first of a future series of Android based payment devices which are an innovative design fusion between smart mobile phones and secure contactless payment terminals.
The compact A920 is stylishly designed with a large 5-inch high-resolution capacitive touch screen, dual cameras, underside-positioned fast thermal printer and come with connectivity options such as Bluetooth, WiFi, and 3G.
The product launch took place at a Shanghai conference on December 8th during which China’s leading Internet financial group, Laklala, launched its innovative “Web POS+ & cloud platform”, with which the A920 is integrated.
Mr. Jack Lu, CEO at PAX, commented, “Going into 2016 we will see merchants all over the world implementing cloud platform strategies through which software apps on PAX’s new Android based A-series products such as the A920 will offer a wide range of services such as cash management, inventory stock control, contactless payment acceptance, loyalty and other value added services.”
PAX is currently undertaking a slew of international certifications and expects to launch the new product series in the coming financial year. This new product line will complement PAX’s existing wide portfolio of secure E-payment terminals and will offer merchants new business opportunities brought on by the era of mobile payments.
About PAX (www.pax.com.cn)
PAX Technology 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 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).
About Lakala (www.lakala.com)
Established in 2005, Lakala is China’s leading integrated Internet Financial Group and part of the Legend Holdings group, providing a wide range of payments services to more than 3 million enterprise users and 100 million individual users.