Press Room

Cashless Payment Trend in Japan Driving Excellent Growth Opportunities for PAX Payment Solutions in Japan

06, 2019

Shenzhen, China, 6th March, 2019


PAX Technology Limited (HKSE stock code: 00327.HK), a leading provider of electronic payment terminal solutions and related services, is forecasting strong growth brought by the Felica-certified A920 Android SmartPOS in Japan in 2019. The announcement was made by Heidi Hoo, General Manager for Asia Pacific Region at PAX, during the recent RetailTech tradeshow in Tokyo.



Having introduced the Japanese market to the mobile Linux terminal S920 last year, the 2019 event saw PAX showcasing an even wider product portfolio which included the innovative Android-based SmartPOS terminals A-series, the SmartECR integrated payment tablets E-series, and the IM-series of unattended self-service payment modules.


Heidi Hoo, General Manager for the Asia Pacific Region at PAX commented:“Japanese government is making earnest efforts to promote cashless payments with the Tokyo Olympic Games approaching. This is driving higher demand from Japanese merchants to install modern cashless acceptance solutions which are fully certified to international payment acceptance standards. PAX is delighted to be helping Japanese acquirers and retailers transform and upgrade their payment and management platforms to meet this challenge.”

As elsewhere around the world, it was the revolutionary SmartPOS A920 and SmartECR E500 & E800 which attracted most customer interest at this year's RetailTech show, devices which are much appreciated for their compact, stylish smartphone-tablet like design, exceptional performance and ability to deliver a rich set of value-added applications and services.


What differentiates PAX Technology's A-series, E-series and IM-series devices from other traditional types of point of sale terminals, is the flexibility offered to merchants who integrate with PAXSTORE, an open-platform marketplace appstore that hosts modern management & analytic applications which offer retail businesses access to innovative in-store solutions.


About PAX (www.pax.com.cn

PAX Technology is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. 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. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (00327.HK)