Stock price : HK$ 6.45 ​(Mar 31, 2022)
Market cap. : HK$ 7.00 billion

PAX Global Announces 2021 Annual Results

• All international regions achieved strong growth (USCA +56%, EMEA +48%, LACIS +19%, APAC +10%)
• Sales of Android payment terminals increased by 78%
• SaaS solutions revenue surged by 193%

"The challenges brought by the pandemic are forcing the retail and catering industries to embrace a digital-first mindset. PAX will remain devoted to the value creation strategy, leveraging our leading position in Android smart payment terminal with technology innovation to enable merchants all over the world via the acquiring banks, PSPs, and ISOs to explore more business opportunities and improve operational efficiencies.”

Jack Lu, Chief Executive Officer of PAX

Why are Android payment terminals so popular?

Three PAX experts review the key factors behind the rise of Android SmartPOS - how they are delivering value to acquiring banks, merchant service providers and their merchants - and why security is stronger on Android SmartPOS compared to legacy POS terminals.

PAXSTORE is now PCI DSS certified

PAXSTORE and the associated Value Added Services passed PCI DSS (Payment Card Industry Data Security Standard) v3.2.1 assessment on 21^st January 2022. PCI DSS is among the most stringent financial data security standards in the world. The passing of the assessment confirms that the information security level of PAXSTORE and VAS meets the highest international standards.

About PAX Global

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.  

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