November 22, 2021

 

PAX Global Technology Limited (“PAX” or the “Company” or the “Group”, HKSE stock code: 00327.HK), won the “Best Retail Innovation (Product) Award For Technology Vendors” at an event organised by the Hong Kong Retail Technology Industry Association (RTIA).

 

RTIA’s awards honour outstanding retailers and technology vendors driving the innovation. The Assessment of the Awards is based on the main factors including good use of technology, technology innovation, market potential & performance, industry benefits.

  

Ms. Heidi Hoo, VP for the Asia Pacific region at PAX, said, "I was honoured that PAX has stood out among many companies, and received the Best Retail Innovation (Product) Award – confirming the PAX’s product innovation is highly recognized by retailers in Hong Kong."

 

The best-selling A920 SmartPOS has proven to be very popular with merchants worldwide, because of its elegant & modern design, as well as the large Android-based display which provides a modern graphical user interface for consumers. The latest released higher-spec A920Pro is in even higher demand today, along with its paperless sister model, the A77.

 

Payment terminal products manufactured by PAX are certified to the highest industry & security standards, including PCI & EMV. The PAXSTORE platform offers payment service providers an advanced open-platform cloud-based service with which to better manage terminal estates, while at the same time offering appstore functionalities and services to their merchants.

 

Ms. Heidi Hoo, added, "In 2021, the PAX’s strong global presence has enabled it to take a leading position in international markets and weathered the unprecedented challenges brought by the pandemic. As the transition to cashless transactions accelerates, we are strengthening our partnerships with banks and payment service providers around the world, helping them to satisfy merchant demand for more secure and convenient payment solutions, while offering customers the most advanced payment experience."