Pax Global Technology : Technology Unveils Android Payment Solutions at Transact 2017

[For Immediate Release]

PAX Technology Unveils Android Payment Solutions at Transact 2017

(Hong Kong, PRC, 15 May 2017) PAX Global Technology Limited("PAX", HKSE stock code: 00327.HK), a global leader in the provision of secure electronic payment terminal solutions, is pleased to generate huge visitor interest in its new innovative range of Android based retail solutions showcased at Transact 2017 in the USA last week.

Along with the elegantly designed Q80 and Q90 wireless payment terminals, PAX also showcased for the first time in North America the first of its new E-Series products, the E810 Integrated Retail POS Solution and a special contactless enabled QR code payment reader called the QR55.

Mr. Andy Chau, CEO of PAX US, said, "The advent of Android based payment terminals and new generation cash register type solutions is really going to change the dynamics of the US retail market, offering many new opportunities for value added services and better integrated systems for merchants and processors alike." Mr. Jack Lu, CEO of PAX, concluded, "We were delighted to hear firsthand feedback of how impressed our American customers are with PAX's existing and new product roadmap. Transact 2017 was a very successful event for us in terms of business development and demonstrating our global expertise and capabilities to the North American market."

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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.