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PAX Technology revenues surge 15% in 2020

Investments in Android terminals & PAXSTORE create new momentum for global growth PAX Technology (HKSE stock code: 00327.HK), the world’s leading provider of innovative payment terminal solutions, has reported financial results for the year ended 31 December 2020. Key highlights: Revenues of USD 727 million were generated in 2020, a +14.7% increase on 2019. Revenues […]

NetPay release Android based smart terminals from PAX Technology

PAX Technology, the world’s leading payment terminal solutions provider, and NetPay Merchant Services, a UK-based payment services and technology provider, are delighted to release the PAX family of Android payment terminals to their UK merchant customers and value-added partners. NetPay alongside its acquirer partner and shareholder Fiserv is one of the first UK ISO’s to […]

First successful Remote Key Injection in South Africa

PAX Technology, the world’s leading manufacturer of point-of-sale devices announced today that Innervation PAN African Payments (“Innervation) is the first company in South Africa to successfully perform an online paxRhino Remote Key Injection (RKI). Innervation is a PCI-compliant payment and switching business with over 20 years of experience in providing streamlined integrated payment solutions, customer […]

Tap on Mobile application powered by Dejamobile now available on PAXSTORE

PAX Technology, the world’s leading payment terminal solutions provider, and Dejamobile, a France-based fintech provider of white-label solutions for mobile transaction services, have partnered to offer payment acceptance on consumer off-the-shelf and NFC enabled Android devices such as smartphones and tablets. The solution uses the latest technology based on Mastercard, Visa and PCI standards to […]

Formula 1 Turkish Grand Prix powered by PAX Android payment devices

PAX Technology, the world’s leading manufacturer of point-of-sale terminal solutions, is proud to have helped enabled cashless payment transactions for thousands of enthusiastic motor-racing fans at Istanbul’s recent Formula 1 Grand Prix. During the 3-day event, all food & beverage services were supplied to the event’s 190,000 visitors by Protel – a leading global provider […]

PAX Technology unveils new slogan as Group’s electronic payments scope expands

New tagline of “Empowering Digital Payments” better reflects PAX values and evolution in product portfolio Move follows another strong year of international growth in 2020, which saw record-high revenues of USD 727 million PAX Technology, the world’s preferred payment terminal solutions provider, has enhanced its brand image by unveiling the new slogan of “Empowering Digital […]

PAX Technology announcement and resumption of trading

PAX Global Technology Limited (the “Company”, together with its subsidiaries, the “Group”) refers to a significant drop in the price of its shares (the “Shares”) since the opening of the morning trading session on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on 27 October 2021. The Company applied for a trading halt […]

PAX Technology wins best retail innovation product award 2021

PAX Technology, the world’s leading manufacturer of point-of-sale terminal solutions won the “Best Retail Innovation (Product) Award For Technology Vendors” at an event organised by the Hong Kong Retail Technology Industry Association (RTIA). RTIA’s awards honour outstanding retailers & technology vendors who are drivers of innovation, and whose solutions meet the association’s criteria, including Good […]

Independent investigation on network communications of PAX terminals

PAX Global Technology Limited (the “Company”, together with its subsidiaries, the “Group”) refers to the Company’s announcement dated 29 October 2021 (the “October Announcement”). Terms defined in the October Announcement have the same meanings when used in this announcement. INDEPENDENT INVESTIGATION ON NETWORK COMMUNICATIONS OF PAX TERMINALS Further to the October Announcement, Pax US has […]

PAX Technology announces 2020 interim results

Worldwide sales increase by a record 7.4% to 2.5 billion HK$ Revenues up 46% in Asia, 35% in North America and 17% in EMEA Coronavirus pandemic creates surge of Contactless & Android adoption PAX Global Technology Limited (“PAX” or the “Company” or the “Group”, HKSE stock code: 00327.HK), one of the world’s leading providers of […]