PAX Global Technology Limited (327.HK)
Newsletter July 2023
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Stock price: HK$ 6.32 | Market cap.: HK$ 6.79 billion
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PAX becomes the first Asian Payment Terminal Vendor elected to the PCI Advisory Board
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PAX is pleased to announce that it has been elected to the Board of Advisors of the Payment Card Industry Security Standards Council (PCI SSC). As the first Eastern payment terminal manufacturer to be elected to the PCI Advisory Board, PAX is engaged to bring our geographical and technical insights to the Council.
The Group is committed to continue positively influencing the payment acceptance industry with its innovative Android-based product roadmap and global customer base in over 100 countries.
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Transit sector payment acceptance needs are changing fast
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Transit operators are shifting to self-service, with customers increasingly buying tickets at kiosks, from ticket dispensing machines, and other formats of unattended devices, as well as initiating payment at card acceptors located at entry points and exit gates.
PAX models have been deployed by many train operators and municipalities around the world. Our Android SmartPOS terminals, such as the popular A920Pro, include fast ARM A53 quad core processors, 4G wireless communications, high-definition cameras and barcode readers and large displays.
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Esso deploys PAX A920 at petrol stations in Thailand
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Esso (Thailand) and Bangkok Bank have rolled out PAX Android SmartPOS A920 at Esso's petrol stations across Thailand.
PAX A920 offers enhanced functionalities, accepting traditional credit cards and digital payments such as QR PromptPay, QR Visa, QR Master, and eWallet.
Esso Smiles members can earn rewards by simply providing their registered mobile phone numbers to pump attendants during payment, using the PAX A920.
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New Pantai Expressway in Malaysia starts deploying PAX IM30 for toll fee open payments
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The new Pantai Expressway card terminal for open payment uses the PAX IM30, which was recently featured in Soyacincau, one of the most popular technical media in Malaysia.
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On 13 Jul. 2023, the Group conducted share repurchase.
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PAX is a world-leading provider of electronic payment terminals solutions and related services with excellent R&D capabilities and a worldwide network of sales and channel partners.
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© 2023 PAX Global Technology Limited. All Rights Reserved.
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Should you have any questions regarding investor relations, please contact our IR representatives, Mr. Calvin Pei and Ms. Mina Pang via email at ir@pax.com.hk.
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