PAX Showcases Full Range of Terminals at Transact 2016

Shenzhen, China – 25th April 2016

PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, garnered recognition and applause from the industry with its new point-of-sale (POS) payment terminal solutions at Transact 2016, the paramount event for payments held in Las Vegas on April 19 to 21, 2016.

PAX offers US merchants a complete portfolio of terminals including the smart PINpad S300, countertop terminal S80, mobile payment terminal S900, the compact D200 mPOS, and multilane retail devices PX5 and PX7. Many visitors were impressed by PAX’s attractive product portfolio. PAX believes that its innovative solutions provide new growth opportunities to the ever-changing payment industry.

Mr. Jack Lu, CEO of PAX, said, “In recent years, PAX achieved its remarkable growth in US markets. We will continue our expansion in R&D investment in order to sustain our long-term growth target. As always, PAX will continue to provide quality payment terminals with excellent technical support.”

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).