VisaNet Certifies PAX Payment Terminals

Shenzhen (China), July 27, 2015 – PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, has had its S90 mobile and S80 countertop payment terminals certified for local merchant deployment by VisaNet, a Dominican Republic based processor and one of the largest in the Caribbean region.

KinPOS, the regional PAX channel partner founded and managed by former Hypercom executives, worked closely with VisaNet for over a year to develop and certify secure payment terminal software in line with VisaNet’s specifications.

Mr. Mauricio Fermayer, CEO at KinPOS, said: “We are delighted with VisaNet’s certification of PAX terminals and remain committed to providing the region’s most secure E-payment Terminal software.”

Mr. Richard Wang, Latin American Sales Manager at PAX, added: “VisaNet is one of the iconic processing brands, and their confidence in PAX further strengthens our market expansion across Latin America and the Caribbean.”
About VisaNet (
VisaNet is a major processor in the Dominican Republic and the Caribbean region, providing transaction management services to a wide network of merchants, offering customers complete technical and business support services to ensure operational security and efficiency.
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 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).