Press Release VisaNet Certifies PAX Payment Terminals (Hong Kong, PRC, 27 Jul 2015) PAX Global Technology Limited ("PAX" or the "Company", together with its subsidiaries collectively known as the "Group", HKSE stock code: 00327.HK), one of the world's leading Electronic Funds Transfer Point-of-Sale Terminal ("E-payment Terminal") Solutions Services Providers, has had it's S90 mobile and S80 countertop payment terminals certified for local merchant deployment by VisaNet, a Domincan Republic based processor and one of the largest in the Caribbean region.

KinPOS, the regional PAX channel partner founded and managed by former Hypercom executives, worked closely with VisaNet for over a year to develop and certify secure payment terminal software in line with VisaNet's specifications.

Mr. Mauricio Fermayer, CEO at KinPOS, said: "We are delighted with VisaNet's certification of PAX terminals and remain committed to providing the region's most secure E-payment Terminal software." Mr. Richard Wang, Latin American Sales Manager at PAX, added: "VisaNet is one of the iconic processing brands, and their confidence in PAX further strengthens our market expansion across Latin America and the Caribbean."

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About VisaNet (www.visanet.com.do)

VisaNet is a major processor in the Dominican Republic and the Caribbean region, providing transaction management services to a wide network of merchants, offering customers complete technical and business support services to ensure operational security and efficiency.

About PAX Global Technology Limited (www.paxglobal.com.hk)

PAX Global Technology Limited (Stock Code: 00327.HK) is an electronic funds transfer point-of-sale terminal ("E-payment Terminal") solutions provider. PAX is principally engaged in the development and sale of E-payment Terminal products and the provision of solutions services. PAX was listed on the main board of The Stock Exchange of Hong Kong Limited on 20
December 2010. The Group currently collaborates with over 80 partners worldwide on
E-payment Terminal solutions.
The Company is one of the world's leading E-payment Terminal solutions providers. According to The Nilson Report July 2015 Issue -- the world's leading source of news and research on consumer payment systems -- PAX ranked No.3 globally by shipping volume of E-payment Terminals in 2014. The installed base of its E-payment Terminal products reached over nine million units and are sold to more than 80 countries and regions, including the US, Singapore, Taiwan, Brazil, India, Japan, South Korea, New Zealand, EMEA, Latin America and Central Asia.

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