PAX Technology will launch its Android products into the Australian market next year, after the completion of its domestic compliance and software requirements.
The Android-based portfolio of PAX technology comprising of SmartPOS, SmartECR and SmartKiosk can also house a variety of applications, such as a bill-splitting capability for restaurants.
Jack Lu, PAX Technology’s global chief executive officer, said, “The payments landscape is evolving quickly both internationally and in Australia. Approximately 70% of domestic EFTPOS terminals are not integrated to the electronic cash register (ECR) which means the merchant can’t identify their customer or link them to their basket. PAX has solved this with its Android based SmartECR.”
Out of more than 1 million EFTPOS terminals in Australia, almost 95% have been put into the market by the issuing banks. PAX devices have been rolled out as QR code readers in high-end Australian stores popular with tourists, including Gucci and Hermes during the 2nd second half of 2019. Globally speaking, the company has shipped more than 300,000 terminals in the 1st half of 2019.
Source: IT Brief
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