Indian Buses Will Use PAX Terminals for Electronic Ticketing

SHENZHEN, China, Oct. 21, 2013 /PRNewswire/ -- PAX Technology, a leading global provider of electronic payment terminals, has won a large tender, through solutions provider Trimax in India to supply 10,000 mobile devices to enable electronic fare ticketing in Bangalore.

The Bangalore Metropolitan Transport Corporation (BMTC) is the sole public bus transport provider for Bangalore, carrying close to 5 million passengers every day. PAX's mobile S90 terminal was selected as a future proofed device offering GPRS communications, Visa payWave and Mastercard PayPass contactless, as well as the latest PCI 3.x and EMV certifications.

Mr. Nandkishor Desai, Group Head for Mobility & Payment Solutions at Trimax, said, "In PAX we have found both a high quality manufacturer of POS terminals and an excellent technology partner to meet the high end requirements of BMTC."

"PAX approaches the Indian market with a more flexible strategy," added Mr. Daniel Poon, President at PAX for the Asia Pacific region. "One which embraces collaboration with local solution providers so that they can develop software themselves on the PAX platform."

Mr. Jack Lu, Chief Executive Officer at PAX, concluded, "We extend our congratulations to Trimax on their tender win, and are grateful to BMTC to be given the opportunity to provide the best selling S90 POS terminal model as part of the integrated Trimax solution."

About PAX (www.pax.com.cn)

Founded in 2001, PAX Technology Limited ("PAX") is an innovative global provider of electronic payment solutions offering world-class, cost effective and superior quality payment solutions. Building on its service excellence and proven leadership position, PAX is considered one of the fastest growing payment solution providers with world-class manufacturing and R&D capabilities and a growing sales and channel partner network across the globe.

About Trimax (www.trimax.in)

With over 2,000 employees, headquarters in Mumbai and 13 regional offices across India, Trimax provide a wide range of IT solutions and services including IT infrastructure services and turnkey solutions, data centre services and cloud computing services. The company has an established track record in implementing government projects and the automation of many public services with particular focus on both the transportation and banking & financial services sectors. Trimax is the leader in providing ITMS solutions to various public transport operators in India, having implemented the same in MSRTC, RSRTC, BEST and in UPSRTC and BMTC, which are under implementation.

About BMTC (www.mybmtc.com)

The Bangalore Metropolitan Transport Corporation is the sole public bus transport provider for Bangalore, serving urban, sub-urban and rural areas. With close to 35,000 employees and a fleet of around 7,000 vehicles ferrying 5 million passengers every day, BMTC is committed to providing quality, safe, reliable, clean and affordable travel.

For more information, please contact:

Latoya Li
+86 755 8616 9695
[email protected]

SOURCE PAX Technology Limited