PAX Wins Tender in China for ALL IN PAY Again

· Press releases

(Hong Kong, PRC, 7 Apr 2016) PAX Global Technology Limited (“PAX”, HKSE stock code: 00327.HK), one of the world’s leading Electronic Funds Transfer Point-of-Sale Terminal (“E-payment Terminal”) Solutions Services Providers, is pleased for winning a tender for China’s ALL IN PAY with its portfolio of terminals having been selected again as part of their 2016 terminal point-of-sale network upgrade program.

PAX will provide ALL IN PAY with a wide range of secure payment devices including countertop models S58, S60, S78, S80, S500, S800, mobile terminals S90, S900, D210, mPOS D180, smarter countertop terminal D800, smarter mobile terminal A920, PINPads SP20, SP30, S300, smart card terminals T610 & T620, and telephone POS T52.

ALL IN PAY is one of the largest third-party service providers in China, covering segments such as insurance, wholesale, supermarket, hotel, e-commerce and B2C online shopping. PAX will partner with All IN PAY to provide a more convenient, secure and efficient payment services for consumers, as well as further improving the customer experience.

Mr. Yongqiang Qi, Vice President for Sales at PAX, stated, “PAX once again demonstrates its expertise in payment systems to fully meet ALL IN PAY's demand. This partnership will further reinforce PAX’s presence and drive further revenue opportunities in 2016.”