PAX Technology is a Chinese manufacturer of payment terminals, PIN pads, and point of sale hardware and software.
[2] The company is headquartered in Shenzhen, listed on the Hong Kong Stock Exchange and sells its products globally.
[7] As of October 2022[update], according to Nilson Report, PAX has become the second-largest global payment terminal provider.
[8] In October 2021, Worldpay, Inc., a subsidiary of FIS, began removing PAX point of sale products due to cybersecurity concerns.
[11][9] Following the raid, a senior executive in charge of PAX Technology's security resigned.