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In September 2020, Moneris launched Moneris Go, using the A920 Android POS mobile terminal from PAX Technology. [20] The mobile device accepts card and contactless payments and can integrate with third-party apps. The device was announced as the company's first smart terminal and suitable for businesses of all sizes.
PAX Technology was founded in Shenzhen (China) in 2000. Jack Lu and Tiger Nie are currently Group CEO and chairman of the Board respectively. [citation needed]In 2002, PAX was selected as supplier of EFTPOS terminals for China UnionPay Merchant Services and supplier for Bank of China & Bank of Communications in 2004. [3]
The card reader pairs with an Android or iOS-based smartphone or tablet via Bluetooth, to verify payments through the Internet. 3G Chip & Pin and NFC card terminal: SumUp's 3G card reader [19] that works without an app. It has a built-in SIM card with data to enable payment processing over a local network connection.
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PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.
In addition, it provides mobile payment methods for various segments of the mobile point of sale environment; contactless peripherals; network access devices; security systems; payment-as-a-service and other managed services, terminal management, payment-enabled media, and payment system security; and server-based payment processing software ...
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