Stock price : HK$ 3.23 ​(as of April 15, 2020)
Market cap : HK$ 3.51 billion

2019 Annual result highlights

Industry News

World Health Organization Encourages Use of Contactless Payments Due to COVID-19

Governments worldwide initiatives on payment industry during the Coronavirus outbreak

• Encourage to use contactless and mobile payment 
• Plan to raise the contactless payment limit
• Quarantine cash notes repatriated before recirculating

Business News

PAX Enters Australia with Android Terminals

Australian banks could soon lose their stranglehold on electronic retail payments as PAX plans to enter the Australian market by mid-2020. 

The entry by PAX is a big move because it will ship terminals which, apart from running on Android, natively accept payments from giants AliPay and WeChat, allowing local merchants to offer a seriously cheaper alternative to riding on Mastercard or Visa’s rails.

Product News

A50
New generation smart handheld MiniPOS

• Designed for modern merchants looking for payment and value-added business solutions in a smartphone alike device
   
• The lightest and slimmest device in the PAX A-series family of mobile SmartPOS terminals


• Powerful processor, all-day battery and inbuilt cameras, to instantly process any type of payment (card payment, NFC contactless, QR code payment), anytime, anywhere
   

About PAX

PAX Global Technology Limited (327.HK) is a world leading provider of electronic payment terminals solutions and related services with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners.

The Group has shipped 40+ million units of payment terminals in more than 100 countries.