PAX Technology ships 300,000 units to Brazil

Electronic payment solutions provider PAX Technology is determined to push into new markets after success in Brazil and China. Already, 300,000 Brazilian customers have received solutions using PAX D-series MPOS products (D180, D200 and D210) and the company insists there is more to come.
November 3, 2014 Read time: 1 min

Electronic payment solutions provider PAX Technology is determined to push into new markets after success in Brazil and China. Already, 300,000 Brazilian customers have received solutions using PAX D-series MPOS products (D180, D200 and D210) and the company insists there is more to come. “We believe that we are on the right track towards sustainable growth,” says Jack Lu, CEO of PAX Global. In June’s Nilson Report the company was ranked number three in the world in terms of terminal shipments in 2013. “We have a strong confidence in our mPOS products to enjoy the sustained boom, as the mobile payment terminal market will continue its rapid expansion,” says Gilberto Novaes, regional sales director at PAX. So far the company has more than six million terminal units in use, with coverage in over 80 countries. PAX says it retains high customer loyalty in mature markets, while securing major breakthroughs to win new customers in emerging ones. The company will listen to clients, learn from counterparts and make contributions “to the innovation and development of payments industry”, Lu adds.

 Stand: 4K 020

%$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 oLinkExternal www.Pax.com.cn Visit PAX Website false http://www.pax.com.cn/ false false%>

Related Content

  • Connected cones make for safer sites
    May 31, 2013
    David Crawford welcomes new lives for old road safety products. Traffic cones and barrels have traditionally been on the bottom shelf of the road construction and maintenance industry, typically forming visible soft safety barriers for temporary works at a lower cost than concrete alternatives. On both sides of the Atlantic, however, they are fast gaining new roles as instrumented components in advanced construction safety arrays. The EC-sponsored €1 million (US$1.31 million) Safelane collaborative innovati
    Read More
  • Applus IDIADA collision avoidance
    September 7, 2014
    Spanish company Applus IDIADA is showing the technology behind its Project VRAIN (Vehicular Risk Awareness Intelligent Network), which aims to improve safety for its clients in the automotive industry.
    Read More
  • Innovative Magnelis steel coating enhances road safety
    February 25, 2014
    Magnelis, a zinc aluminium magnesium metallic coating, combined with high strength low alloy steel, supports manufacturers in their design of EN 1317 compliant road equipment and enhances safety on roads. This steel combination is lighter, it better absorbs crash energy, and ensures 10 times longer durability, improving the environmental performance of road equipment.
    Read More
  • Automatic Systems showing new products, expanding globally
    March 26, 2014
    Automatic Systems is at Intertraffic showing off two new barrier products and fresh from a period of international expansion. The world number two in the barriers market has unveiled new products – the TollPlus 160 barrier for manual toll collection, and the TrafficPlus 245 barrier for traffic management. “These are additions to our wide range of products in the tolling and traffic management segments,” group marketing director Jean-Pierre Leleu said at the show yesterday. “These are products tailor
    Read More

Highlighted Content