about-pax - PAX Technology Australia

About PAX

Who we are

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Financials

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Management

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Australian Leadership

Nigel Lovell – Chief Executive Officer

An established entrepreneur (founder) with over 35 years startup and exit experience across multiple sectors primarily in the payments industry as an electronic payments and terminal solutions provider to Australian financial institutions (inc. Westpac, St George, CBA, Suncorp, CUSCAL and ANZ). As well as globally through USA, Europe, Africa, China and Asia. Nigel is a Co-founder and CEO of PTA.

Debra Taylor – Chief Operating Officer

Debra is a Co-founder & COO of PAX Technology Australia. Debra has been an established start up entrepreneur in the fintech space for over 30 years. She has been a founder in over 10 businesses ranging from telcos, electronic payments and fintech. She is a multiple award winner including Distinguished Payments Professional.

Terry Diep – Technical Support Manager

Terry is a technical staff specialist at PAX Technology Australia. He joined the company with 27 years of experience working in the payments industry across companies including VeriFone, First Data, Macquarie Bank and eftpos, where he started as a terminal developer and technical support, advanced to data centre and infrastructure engineer, to maintain and support the payment gateways, payment switches and transactional billing.

Leanne Zhong – Project Coordinator

With a Finance & Accounting background, Leanne now has 6 years in Payments under her belt, most of which has been in Project Co-ordination. Leanne has a strong work ethic and an eye for detail and these are skills well suited to often time critical and complex payments projects. Leanne is fluent in Mandarin, Cantonese and English and is a respected member of the PTA team.

Another year of strong international growth

In 2023, the Group achieved a record high revenue of $1.29 billion, representing year-on-year growth of 27%. Revenue from overseas markets accounted for over 90% of the total revenue of the Group, while the Android solutions accounted for over 45% of the Group’s total revenue.

PAX shipped over 11 million terminals in each of 2021, 2022 and 2023

Who we are

The world’s preferred payment terminal solutions provider

Founded in 2000, PAX has delivered over 68 million terminals to more than 120 countries around the world.

We set out to create the most beautiful payment terminals

Packed with the latest technology and internationally required security certifications. Powered by Android or Linux.

Our terminals are much more than a payment device

We believe payments are the beginning of a new relationship. A chance to keep customers coming back for more, by offering loyalty rewards, tailored marketing, and an outstanding payment experience.

We drive merchant sales and enable acquirers to be smarter in business

PAX brings you into a new world of payments, one where third-party apps help boost business, increase in-store sales, and offer a seamless shopping experience for customers.

Superior quality and focused R&D

Customers worldwide recognise that PAX products have extremely low failure rates, that we provide the most efficient technical support, and that we have the widest portfolio of innovative & elegant payment devices.

900+

SKILLED ENGINEERS

7.1%

OF REVENUE REINVESTED INTO R&D

2500+

CERTIFICATIONS GRANTED WORLDWIDE

PAX in numbers

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68,000,000+

POS terminals deployed

A REPUTATION FOR UNBEATABLE QUALITY

48.3%

2022

AUSTRALIA SALES REVENUE GROWTH

120+

Countries

GLOBAL OFFICES & CHANNEL PARTNERS

5,000+

Employees & channel partners

THE BEST INDUSTRY TECHNICAL SUPPORT

$1,024,000,000

2022

TOTAL USD REVENUE +27% YoY

94%

2022

AUSTRALIA SALES REVENUE GROWTH

$140,000,000

2022

TOTAL USD PROFIT +21% YoY

Product Portfolios

OUTSTANDING R&D CAPABILITIES

Global Senior Managers

Jack Lu – Chief Executive Officer

Jack (Lu Jie) joined PAX in August 2001 and was appointed CEO and an Executive Director in May 2013. He is responsible for the day-to-day business of PAX globally, in Asia, North & South America, Europe, the Middle East and Africa. He is also a Director in a number of the company’s global subsidiaries.

Jack holds a bachelor degree from Chengdu Geology Institute and obtained an Executive Master of Business Administration degree from the Cheung Kong Graduate School of Business in 2010. He worked as an engineer at China’s Ministry of Geology & Mineral Resources from 1986 to 1994, the Chinese Academy of Geological Sciences from 1994 to 1995, and Beijing Order Computer Company from 1998 to 2001.

Luo Shaowen

Luo joined PAX in December 2004 as Chief Financial Officer and is today the Executive Vice President and Chairman of PAX Technology (Shenzhen), responsible for leading the group’s dynamic Research and Development division. He also oversees supply chain & procurement operations.

Luo graduated from Wuhan University with a bachelor degree in economic management. Prior to joining PAX he served various management roles at Beijing Order Computer Company and Beijing Hi Sun Electric Power Information Technology Limited.

Ethan Cheung – Chief Financial Officer

Ethan (Cheung Shi) joined PAX in October 2016 as Chief Financial Officer and joint Company Secretary, primarily responsible for Investor Relations, Finance & Compliance, as well as Mergers & Acquisitions.

Ethan graduated from The Chinese University of Hong Kong with a bachelor’s degree in Business Administration and has over 10 years of financial and accounting related experience. He is a member of the Hong Kong Institute of Certified Public Accountants and an associate of The Chartered Institute of Management Accountants. Prior to joining PAX he worked for an international accountancy firm and was involved in audit and assurance, capital market transactions and projects advising corporate clients including listed companies and conglomerates worldwide.

Regional Managers

ASIA PACIFIC (APAC)

Heidi Hoo – Vice President
DJ Weng – South Asia
Eric Li – South East Asia
Desmond Chan – Hong Kong
Louis Fu – Philippines, Thailand, Indonesia

NORTH AMERICA (USCA)

Andy Chau – Vice President
Clint Jones – USA
Cheryl Wheeler – Canada

LATIN AMERICA & CIS (LACIS)

Larry Sun – Vice President
Richard Wang – General Manager for Latin America
Zhenyu Meng – General Manager for Russia & CIS countries

EUROPE, MIDDLE EAST, AFRICA (EMEA)

Andrew Wu – Vice President
Mark O’Flynn – EMEA Region Sales Director
Nader Abdelaziz – Middle East & North Africa

MAINLAND CHINA

John Xi – Vice President

About PAX

Australian Leadership

Another year of strong international growth

Who we are

Superior quality and focused R&D

PAX in numbers

Global Senior Managers

Regional Managers

About PAX Australia

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About Pax Australia

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