PAX Global Technology, a provider of E-payment terminal solutions, has renewed its agreement with China Construction Bank to continue delivering E-payment terminals to the bank and its branches.
The bank will deploy PAX’s E-payment terminals as part of its nationwide upgrade programme.
Go deeper with GlobalData
The selected models include Countertop Payment Terminal S80 with Secure PINpad S200/S200+2D (QR Code integrated PINPad), Countertop Payment Terminal S78 with Secure PINpad S200/S200+2D, and Hand-over Payment Terminal S60 and Mobile Payment Terminal S90.
"These selected models have passed rigorous testing procedures and successfully obtained special cryptographic certification from China’s State Encryption Administration Commission," PAX Global Technology said in a statement.
In order to cater to the O2O development trend in China, the bank selected PAX’s newly added feature of PINpad S200, which used together with the Countertop Payment Terminal S80/S78, with its 2D bar code scan, enabling a quick code payment transaction while also improving user experience.
Yongqiang Qi, vice president for sales at PAX, said: "PAX demonstrates its excellent product quality and good corporate reputation in allowing CCB to firmly trust in this new round of cooperation. This partnership will further consolidate PAX’s presence in the China market and drive further revenue opportunities in the market in 2016."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataPAX forged a long term relationship with China Construction Bank since 2006.
