PAX Launches New Contactless PINpad, the SP20 V4

Shenzhen (China), 19th December 2016

PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, has announced the availability of a new generation Contactless PINpad, the SP20 V4.

Designed to minimize countertop space, the SP20 V4 provides customers with an easily identifiable contactless landing pad, privacy shield and inbuilt speakers providing vocal assistance for visually impaired people.

The SP20 V4 is certified for all major international contactless card schemes and comes with the latest PCI 4.x SRED certifications. It can be connected to a wide range of POS terminal models via USB or RS232 ports.

Mr. Alex Dong, Head of Research & Development at PAX, said: “The SP20 V4 is the latest in contactless PINpad technology, offering merchants and consumers alike a faster transactional experience.”

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).