Business

The principal activities of PAX are engaged in the development and sale of electronic fund transfer point-of-sale ("E-payment Terminal") products and provision of related services.

The Group develops and sells countertop and mobile E-payment Terminal which are able to process a wide range of electronic payment types including signature and PIN-based debit cards, credit cards, contactless/radio frequency identification cards, RF-enabled mobile phones, IC cards, pre-paid gift and other stored-value cards. The Group also develops and sells consumer activated devices, contactless devices and E-payment Terminal software (which is installed in its E-payment Terminal products and not sold independently). Save for product assembly and processing which we outsource, the Group designs and develops its products and manufacturing procedures, carries out research and development, sources raw materials and components, implements quality control in-house, and sells and distributes its products and provides after-sales services.