Shenzhen, China – 22th July, 2015
PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, has maintained the position of the world’s third largest supplier of E-payment terminals, according to the latest rankings in the Nilson Report, the world’s leading source of global payment industry news and statistics.
The July 2015 issue reported PAX as having increased shipments with 3 million E-payment Terminals worldwide during 2014. The figure represents a massive growth of 47% year-on-year, the fastest growth among the top 3 E-Payment Terminal providers. Compared to 2013, PAX increased the volume of shipments by 17% in Europe, 20% in Asia Pacific, 86% in the United States, 127% in the Middle East and Africa, and 1,245% in Latin America.
Mr. Jack Lu, CEO at PAX, stated:”PAX is perceived today by global customers as a leading payment industry brand, a supplier of superior quality payment terminals, and we firmly believe that our ranking will reach new heights in years to come.”
About PAX (www.pax.com.cn)
PAX Technology Limited (“PAX”) 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).