Press Room

AFS Takes the Lead in Reshaping Middle East Merchant Acquiring Landscape with A920 Instore Offering

03, 2019

Sheznzhen, China, 3rd July 2019


PAX Technology Limited (HKSE stock code: 00327.HK), a leading provider of electronic payment terminal solutions, is pleased to announce the expanding of its footprint of Android payment solutions in the Middle East in partnership with payment system integrator Trust and Arab Financial Services (AFS), the MEA region’s leading payment solutions provider and FinTech enabler.


AFS is the first to launch the PAX A920, through its' merchant acquiring services, as part of an expansive roll out of Android-based payment terminal solutions across the GCC region - delivering new services and solutions in a smart phone like device to the point of sale, in a region where modern technology is in high demand. A strategic initiative supporting AFS’ mission to provide innovative merchant acquiring solutions that revolutionize the business of payments and further develop the region’s future financial landscape.


“The A920 is a fantastic future-proof device that allows AFS merchants to deliver the exceptional shopping experiences their customers expect. The experienced team at Trust facilitated a fast and frictionless implementation of the project, enabling AFS to achieve a leading position in the Android payment space.” - Mr. Hassan Mayassi, CEO of AFS Merchant Acquiring Services


Powered by Android, the beautifully designed A920 packs game-changing POS technology which has been embraced by the merchant acquiring industry worldwide.


The PIN-on-Glass enabled PAX A920 Android mobile terminal is ATEX, PCI 5.x and NFC Contactless certified. It has inbuilt cameras, a longer-lasting battery and a large high definition touch screen display which offers an entirely improved user experience for merchants and shoppers alike.


Mr. Nader Abdelaziz, in charge of the MENA region at PAX Technology, added: “We are excited to see demand growing for PAX payment solutions in Middle East markets. Our partnership with AFS and Trust, and indeed all our channel partners in the region, is central to PAX Technology’s mission to reduce complexity in an increasingly complex payments world, by delivering the world’s smartest payment terminal solutions to everyone”.


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)