PAX Wins Tender in China for ALL IN PAY Again

Shenzhen (China), 8 April 2016
PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, is pleased for winning a tender for China’s ALL IN PAY with its portfolio of terminals having been selected again as part of their 2016 terminal point-of-sale network upgrade program.

PAX will provide ALL IN PAY with a wide range of secure payment devices including countertop models S58, S60, S78, S80, S500, S800, mobile terminals S90, S900, D210, mPOS D180, smarter countertop terminal D800, smarter mobile terminal A920, PINPads SP20, SP30, S300, smart card terminals T610 & T620, and telephone POS T52.

ALL IN PAY is one of the largest third-party service providers in China, covering segments such as insurance, wholesale, supermarket, hotel, e-commerce and B2C online shopping. PAX will partner with All IN PAY to provide a more convenient, secure and efficient payment services for consumers, as well as further improving the customer experience.

Mr. Yongqiang Qi, Vice President for Sales at PAX, stated, “PAX once again demonstrates its expertise in payment systems to fully meet ALL IN PAY’s demand. This partnership will further reinforce PAX’s presence and drive further revenue opportunities in 2016.”

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).