PAX Technology

FreedomPay Announces Strategic Partnership with PAX Technology, Inc. for Enhanced Global Commerce Solutions

Retrieved on: 
Thursday, September 14, 2023

This partnership reinforces FreedomPay’s commitment to fostering an open and accessible ecosystem for its merchants and industry partners.

Key Points: 
  • This partnership reinforces FreedomPay’s commitment to fostering an open and accessible ecosystem for its merchants and industry partners.
  • “FreedomPay is dedicated to delivering an unparalleled consumer experience by prioritizing speed, security and personalization,” said Chris Kronenthal, President of FreedomPay.
  • “By teaming up with PAX Technology, merchants worldwide can now offer merchants and consumers a Next Level commerce experience.”
    The partnership signals a new era of commerce excellence for merchants and consumers globally.
  • “This collaboration with FreedomPay combines cutting-edge commerce technology with industry-leading payment acceptance hardware solutions, driving global commerce by facilitating secure transactions for both consumers and businesses,” said Andy Chau, PAX Technology, Inc. President & CEO.

FreedomPay Announces Strategic Partnership with PAX Technology, Inc. for Enhanced Global Commerce Solutions

Retrieved on: 
Thursday, September 14, 2023

FreedomPay , the preferred commerce technology platform for global industries including hospitality, lodging, retail and more, today announces its collaboration with PAX Technology, Inc. , one of the largest electronic payment solution providers in the world.

Key Points: 
  • FreedomPay , the preferred commerce technology platform for global industries including hospitality, lodging, retail and more, today announces its collaboration with PAX Technology, Inc. , one of the largest electronic payment solution providers in the world.
  • “FreedomPay is dedicated to delivering an unparalleled consumer experience by prioritizing speed, security and personalization,” said Chris Kronenthal, President of FreedomPay.
  • “By teaming up with PAX Technology, merchants worldwide can now offer merchants and consumers a Next Level commerce experience.”
    The partnership signals a new era of commerce excellence for merchants and consumers globally.
  • “This collaboration with FreedomPay combines cutting-edge commerce technology with industry-leading payment acceptance hardware solutions, driving global commerce by facilitating secure transactions for both consumers and businesses,” said Andy Chau, PAX Technology, Inc. President & CEO.

PAX Technology, Inc. Wins RSPA's 2023 Vendor Award of Excellence

Retrieved on: 
Wednesday, August 16, 2023

JACKSONVILLE, Fla., Aug. 16, 2023 /PRNewswire-PRWeb/ -- PAX Technology, Inc., a leading global payment solution provider, is pleased to announce it has been awarded the prestigious Retail Solutions Providers Association (RSPA) Vendor Award of Excellence. The tech leader garnered their second consecutive bronze win for the Hardware Manufacturer category and was the only payment terminal manufacturer to be recognized with the award.

Key Points: 
  • JACKSONVILLE, Fla., Aug. 16, 2023 /PRNewswire-PRWeb/ -- PAX Technology, Inc., a leading global payment solution provider, is pleased to announce it has been awarded the prestigious Retail Solutions Providers Association (RSPA) Vendor Award of Excellence.
  • The tech leader garnered their second consecutive bronze win for the Hardware Manufacturer category and was the only payment terminal manufacturer to be recognized with the award.
  • "We sincerely appreciate all those who voted for PAX.
  • The RSPA Vendor Award of Excellence (VAE) was presented to PAX at this year's RSPA RetailNOW tradeshow, which celebrated the institution's 75th anniversary.

The Jacksonville Business Journal Names Andy Chau, President & CEO of PAX Technology, Inc., a "2023 Technology Leader of the Year"

Retrieved on: 
Monday, August 7, 2023

JACKSONVILLE, Fla., Aug. 7th, 2023 /PRNewswire-PRWeb/ -- PAX Technology, Inc., a leading global payment solution provider, is excited to share their President & CEO, Andy Chau, has been honored as one of the Jacksonville Business Journal's 2023 Technology Leaders of the Year. Mr. Chau is one of only 15 honorees to receive the annual award.

Key Points: 
  • JACKSONVILLE, Fla., Aug. 7th, 2023 /PRNewswire-PRWeb/ -- PAX Technology, Inc., a leading global payment solution provider, is excited to share their President & CEO, Andy Chau, has been honored as one of the Jacksonville Business Journal's 2023 Technology Leaders of the Year.
  • The Jacksonville Business Journal's (JBJ) award recognizes members in the technical field whose leadership has helped grow their companies, shape their industries, and influence the First Coast local community.
  • Mr. Chau was chosen based on the impact he has had both at work and in the local business community.
  • "I am deeply honored to be recognized by the Jacksonville Business Journal.

PAX Technology, Inc. Awarded the 2023 Red Dot Award for Product Design

Retrieved on: 
Thursday, July 27, 2023

JACKSONVILLE, Fla., July 27, 2023 /PRNewswire-PRWeb/ -- PAX Technology, Inc., a leading global payment solution provider, is excited to announce it has won the prestigious 2023 Red Dot Product Design Award in the Computer & Information Technology category.

Key Points: 
  • JACKSONVILLE, Fla., July 27, 2023 /PRNewswire-PRWeb/ -- PAX Technology, Inc., a leading global payment solution provider, is excited to announce it has won the prestigious 2023 Red Dot Product Design Award in the Computer & Information Technology category.
  • The "Red Dot" distinction has achieved global recognition as one of the most highly coveted symbols of quality for outstanding design.
  • The Red Dot award-winning PAX products comprise the innovative Elys Solution , which include the Elys Workstation (L1400), Elys Tablet (A3700), Elys Eye (T3300), and the Elys Printer (T3180).
  • "Receiving a Red Dot award is to be acknowledged as a design leader, and we are honored to receive this recognition for our Elys Solution," said Andy Chau.

Decentralized, Non-custodial & borderless On and Off Ramp Solution ByBarter, set to give Independence to DeFi & DeX

Retrieved on: 
Tuesday, July 25, 2023

It allows users of self-custody wallets to directly fund and withdraw from their wallets without relying on centralized exchanges.

Key Points: 
  • It allows users of self-custody wallets to directly fund and withdraw from their wallets without relying on centralized exchanges.
  • This addresses the dependence of decentralized cryptocurrencies on centralized exchanges and facilitates access to crypto for the world's unbanked populations.
  • These partnerships provide users with a decentralized on and off-ramp solution, ensuring their security and a completely decentralized experience during transactions.
  • ByBarter's innovation and community support position it as a promising player in the DeFi and DEX arena, providing a seamless and secure decentralized crypto experience for its users.

PAX Technology, Inc. Unveils Revolutionary Point of Sale System

Retrieved on: 
Thursday, May 11, 2023

JACKSONVILLE, Fla., May 11, 2023 /PRNewswire-PRWeb/ -- PAX Technology, Inc., a leading global payment solution provider, is excited to announce the release of the Elys Workstation (L1400), the central element in the revolutionary Elys Solution. The Elys Workstation is a highly configurable Point of Sale (POS) which can transform the customer and merchant experience by offering a single platform that integrates all your business management solutions including payments (when paired with a payment device), loyalty, inventory, time and attendance, and more. It features a vivid 14" high-definition screen, front-facing camera, runs on Android™ 11, and is powered by a high-performance processor. This is the first Android workstation engineered to seamlessly work as a POS and payment acceptance device.

Key Points: 
  • It features a vivid 14" high-definition screen, front-facing camera, runs on Android™ 11, and is powered by a high-performance processor.
  • This is the first Android workstation engineered to seamlessly work as a POS and payment acceptance device.
  • The Tablet runs on an Android™ 11 operating system, and accepts all forms of payment, including contactless and QR codes.
  • PAX will continue to expand its offerings for the Elys family as it furthers its position as a full solution provider.

Restaurant Point Of Sale Terminal Market to be Worth $38.16 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Thursday, February 23, 2023

SAN FRANCISCO, Feb. 23, 2023 /PRNewswire/ -- The global restaurant point of sale terminal market size is expected to reach USD 38.16 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Feb. 23, 2023 /PRNewswire/ -- The global restaurant point of sale terminal market size is expected to reach USD 38.16 billion by 2030, according to a new report by Grand View Research, Inc.
  • Key Industry Insights & Findings from the report:
    POS demand in QSRs is expected to witness modest growth exceeding 8.5% CAGR over the forecast period.
  • The COVID-19 pandemic decelerated the market growth owing to the closed restaurant operations while only the online order system was in-service.
  • Grand View Research has segmented the global restaurant point-of-sale terminal market based on product, component, deployment, application, end-user, and region
    Restaurant POS Terminal Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

Restaurant Point Of Sale Terminal Market to be Worth $38.16 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Thursday, February 23, 2023

SAN FRANCISCO, Feb. 23, 2023 /PRNewswire/ -- The global restaurant point of sale terminal market size is expected to reach USD 38.16 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Feb. 23, 2023 /PRNewswire/ -- The global restaurant point of sale terminal market size is expected to reach USD 38.16 billion by 2030, according to a new report by Grand View Research, Inc.
  • Key Industry Insights & Findings from the report:
    POS demand in QSRs is expected to witness modest growth exceeding 8.5% CAGR over the forecast period.
  • The COVID-19 pandemic decelerated the market growth owing to the closed restaurant operations while only the online order system was in-service.
  • Grand View Research has segmented the global restaurant point-of-sale terminal market based on product, component, deployment, application, end-user, and region
    Restaurant POS Terminal Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

Priority Technology Holdings, Inc. Partners with PAX Technology.

Retrieved on: 
Tuesday, October 4, 2022

Priority Technology Holdings, Inc. ("Priority"), a leading payments technology company helping customers collect, store, and send money, has partnered with PAX Technology, Inc. (PAX), a leading global payment products provider.

Key Points: 
  • Priority Technology Holdings, Inc. ("Priority"), a leading payments technology company helping customers collect, store, and send money, has partnered with PAX Technology, Inc. (PAX), a leading global payment products provider.
  • The collaboration began when Priority asked PAX to develop, customize and certify their VTX payment app so that end users, including Prioritys partners, would be able to utilize the entire line of PAXs Android products.
  • The Priority & PAX partnership provides those solutions, paving the way for success.
  • PAX Technology, Inc. is one of the largest electronic payment solution providers in the world, with 60 million terminals located in over 120 countries.