PAX Provides POS Solutions to Wellcome Supermarket

Shenzhen, China – 20th August 2013

PAX Technology Ltd., a global leader in the provision of secure electronic payment solutions, today announced PAX has been selected as the exclusive EFT-POS solution provider for Wellcome Supermarket in Hong Kong with the S60-T handheld Payment Terminal and the R50 Contactless Reader.

Wellcome has grown into the largest supermarket chain with the oldest heritage in Hong Kong in just a little over 60 years. With a network of over 270 stores and over 5,000 employees, Wellcome attracts over 14 million customers per month, which means on average, 6 in every 10 Hong Kong citizens will shop at Wellcome at least once per week.

PAX S60-T features with multiple connectivity options – Ethernet & Dial Up, and accepting magnetic stripe card, and IC smart card. PAX R50 contactless reader complies with the latest contactless payment standard in accordance with VISA payWave and MasterCard PayPass.

Desmond Chan, Sales Director at PAX, added: “PAX continues its significant global growth thanks to our high quality POS products, high-tech product roadmap and cost-effective strategy.”

About PAX (www.pax.com.cn)
PAX Technology Limited is a 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 ranked as 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.