Skip to main content

Q&A: PAX Technology

Jack Lu, CEO of PAX Global, and Gilberto Novaes, regional sales director, offer some thoughts on new markets and the challenges of integrating online and offline payment solutions
November 4, 2014 Read time: 2 mins
Gilberto Novaes, regional sales director, PAX Global

Jack Lu, CEO of PAX Global, and Gilberto Novaes, regional sales director, offer some thoughts on new markets and the challenges of integrating online and offline payment solutions

Q Can you give us a brief outline of PAX Technology’s business priorities?
A PAX, over the next three years, will focus on expanding market share in emerging markets to become the indispensable, leading POS terminal provider.

Q Are there any sectors or territories you would like to move into?
A We will strengthen our sales presence and distribution network in Brazil, Russia, Indonesia and India.  

Q Are you revealing any new products or services at CARTES?
A We are focusing on promoting our mPOS series at CARTES 2014. With the continuous development of wireless internet, the mobile payment terminal market will continue its rapid expansion.

Q What are the two biggest challenges facing the secure connections industry today?
A  Today, the rapid development of the internet has dramatically changed the way people and communities interact, so it is important to provide securely-integrated online and offline payment solutions. This trend will encourage traditional payment to shift to intelligent and cloud services.

Q If you have time, what CARTES events will you try to visit yourself?
We will be looking out for Visa and Mastercard in the conference programme, listening to their voice and views on payment security technology.

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

  • November 5, 2014
    Watchdata Technologies launches its first wearable payment device wristband with an NFC payment feature
    Watchdata Technologies launches its first wearable payment device, Sharkey, this week at CARTES SECURE CONNEXIONS. The new watch and wristband offers users a smart wearable device that supports an NFC payment feature. “Once Sharkey has been connected with an android or iOS phone’s mobile terminal via Bluetooth, it can be used for contactless payment, including public transport fares, supermarket shopping and micropayments,” says Watchdata’s international business vice president Jack Pan.
  • November 19, 2013
    CreditCall unveils new EMV and mPOS solutions at CARTES 2013
    In the US from October 2015, any merchant who has not completed migration to EMV-certified chipcard payment will have to carry the cost of any fraudulent transaction that it attempts to process. At CARTES 2013, and in order to help merchants de-risk and meet what is generally held to be an aggressive in-service deadline for change at a national level, multi-channel payment gateway specialist CreditCall is launching ChipDNA. This is a unique bundle, available to acquirers, processors and VARs, which d
  • November 19, 2013
    Crédit Agricole pushes payment platform at CARTES 2013
    First-time CARTES exhibitor Crédit Agricole Cards & Payments is focusing on a strategic realignment, which opened its payment processing platform to non-subsidiary companies. The aim of the move, says the company’s Hervé Gachen, was to maximise payment volumes and so minimise costs for both subsidiary companies and other users.
  • November 20, 2013
    Spire Payments supplies new Crédit Agricole mPOS solution
    Spire Payments, which is exhibiting for the first time at CARTES this year, is highlighting its role as the sole supplier of mobile Chip & PIN payment devices for Smart TPE, Crédit Agricole’s new national mPOS project. This recently announced collaboration is intended to help bring to market a Crédit Agricole payment offering that addresses the new expectations and changing habits of merchants and consumers.