PAX Technology


PAX Technology is a leading global manufacturer of payment terminals; PIN pads; and Point of sale hardware and software. The company is headquartered in Shenzhen and operates in 5 global regions - EMEA, LACIS, North America, China, and Asia Pacific.
PAX has over 40 million point of sale terminals deployed in over 110 countries. The company operates in different markets through a network of direct offices and channel partners worldwide.

History

PAX Technology was founded in Shenzhen in 2001. In the same year company was EMV certified as point of sale solution provider in Asia.
In 2002, PAX was selected as supplier of EFTPOS terminals for China UnionPay Merchant Services and supplier for Bank of China & Bank of Communications in 2004. The company was ranked by the Nilson Report in the top 10 payment terminal suppliers in 2007. In 2010, PAX was listed on the Hong Kong Stock Exchange and in 2013 Forbes listed PAX in their Asia's 200 best companies under a billion.
In 2016, PAX announced a strategic partnership with Samsung to implement the Samsung Pay payment method in PAX payment terminals. Later same year at , PAX set a major milestone in company's development unveiling first Android smart terminal - PAX A920. Same year Forbes listed again PAX in their Asia's 200 Best Under A Billion annual list.
In 2017, Nie Guoming, Chairman of PAX Global, introduced PAXSTORE - open-platform for distribution of business apps for company's Android POS terminals, similar to the concept of Apple Store and Google Play.