PAX Technology, Inc. (North America) risk score

Founded in 2001, PAX Technology is a premier global provider of electronic payment solutions, specializing in delivering high-quality, cost-effective products that adhere to international compliance standards. With its headquarters likely established in a key market, PAX has become a pivotal player in the financial services sector, particularly within mobile payments and payment software industries.

PAX Technology's offering encompasses a comprehensive portfolio of PCI and EMV compliant electronic fund transfer point-of-sale (EFT-POS) terminals. These products cater to a variety of market needs with options spanning Countertop, Mobile and Wireless, Multilane Retail, and Contactless/NFC technologies. Each category includes a range of models designed to address the specific requirements of diverse retail environments.

Historically, PAX has achieved significant acclaim within the Chinese market, standing out as a top supplier of POS terminal solutions to acquiring banks. More recently, the company has expanded its reach on a global scale, rapidly gaining market share in various international arenas. This expansion has been fuelled by PAX's commitment to innovation and compliance with global standards, ensuring the reliability and security of its payment solutions.

PAX's rapid growth can also be attributed to its robust manufacturing capabilities and advanced research and development facilities. These assets have enabled PAX to maintain its leadership in technology and service excellence. Additionally, the company supports its global operations through an extensive sales and channel partner network, facilitating efficient distribution and localized customer support.

As PAX Technology continues to evolve and adapt to new market trends, it remains dedicated to equipping businesses worldwide with superior electronic payment systems that enhance transaction efficiency and security.