Pax Global Technology : Unveils Next Generation Countertop Q80 Payment Terminal

[For Immediate Release]

PAX Unveils Next Generation Countertop Q80 Payment Terminal

(Hong Kong, PRC, 24 Aug 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 to begin its production of a new indoor portable payment terminal in Q4 2016.

The Q80 will be the industry's newest generation countertop point of sale terminal, offering merchants increased mobility with inbuilt WiFi and new experiences of combining payment and business software applications. As PAX's smallest desktop terminal to date, the Q80 will come packed with state-of-the-art technology, exceptional levels of security and all required industry certifications.

Key Specifications of the Q80 include:

• Display: 4-inch color capacitive touch screen

• Printer: Lightning fast at 50 lines-per-second

• Connectivity: WiFi, PSTN, Ethernet, 3G / 4G / Bluetooth optional

• Contactless: Visa, MasterCard

• Security: PCI 4.x, EMV Levels 1 & 2

• Optional Battery: 720mAh capacity for extra mobility or to cater to power outages

Mr. Andrew Wu, Vice President of PAX, said: "The indoor portable Q80 is PAX's most powerful desktop yet, offering merchants a smaller retail desktop footprint, the largest display in the countertop terminal space and receipt printing which is double the industry standard."

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About PAX Global Technology Limited (www.paxglobal.com.hk)

PAX Global Technology Limited (Stock Code: 00327.HK) is an innovative global provider of E-payment Terminal solutions. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners.