PAX obtains PagoBancomat® contactless certification in Italy

  • Cross-platform kernel approval for Italian domestic payment scheme
  • Certification achieved one month ahead of the mandatory deadline
· Press releases

PAX Global Technology Limited (“PAX” or the “Company”, together with its subsidiaries collectively known as the “Group”, HKSE stock code: 00327.HK), one of the world’s leading electronic payment terminals solutions providers, is pleased to announce the certification of PagoBancomat® Contactless certification of its CB2 CL cross-platform kernel.

Mr. Andrea Zucchiatti, CTO of PAX Europe, said: "This is an important key step in the evolution of electronic payments in Europe as it allows merchants with PAX terminals to accept Bancomat® contactless card transactions".

Mr. Seho Park, MD for Italy, added: "For acquiring banks working with PAX it guarantees them a natural implementation of payment software applications in compliance with the Bancomat® Consortium regulatory requirements".

Because of PAX's unique cross-platform architecture, the PagoBancomat® Contactless kernel is available across the entire range of PAX terminals, including the innovative range of Android devices such as the A920.