- M30 & M50 are modern Android smartphones with inbuilt payment acceptance & certified to the latest PCI and payment industry standards.
- Make calls, access Google Play, accept Chip & PIN and Contactless cards as well as Mobile Wallets and QR code transactions.
PAX Technology, the world’s leading payment terminal solutions provider, announced the European launch of the M30 & M50 Android PayPhones at the payment industry’s leading Money20/20 event in Holland on 21-23 September 2021.
PAX Technology and Transaction Systems, Master Distributor of PAX products for Central and South-Eastern Europe, were among the sponsors of the prestigious fintech event, where the European launch took place in a special event on Wednesday 23 September.
The innovative M-series PayPhones are the first-ever smartphones with an inbuilt point of sale technology that combine the benefits of a secure EMV & PCI 6 certified payment terminal within a modern Android smartphone ecosystem.
The M30 & M50 are innovative alternatives for Acquiring Banks & Payment Service providers looking to strengthen partnerships with telecoms operators or deliver revolutionary new services to merchants.
Jack Lu, CEO of PAX Technology, commented: “The M30 and M50 are compelling devices, not just because of their technology, but in how they have the potential to revolutionize retail. You can now accept payments, make voice & video calls and interact with customers on social media, all via a single device.
In Brazil, where many tens of thousands of the M-series models were deployed during a successful pilot phase, entrepreneurial merchants and businesses are now marketing goods & services by filming videos and taking photos and then selling and accepting payment, all via these innovative PAX devices. View how PagSeguro promotes the M-series products here.
M30 is designed to bridge the gap between customer and POS system capabilities, enables companies and entrepreneurs to run an eCommerce business on the go. All major global payment methods can be accepted, while at the same time efficiently handling sales & inventory management. A secure PINpad is located on the opposite side of the full-screen display, turning the smartphone into a secure payment device.
M50 takes the user experience even further by enhancing the M30 features with faster processing power running on Android 11, a larger 5.7-inch HD+ display for a better working experience. Both models are powered by advanced battery technology allowing up to 78 hours of standby time.
Panos Chalkias, Managing Director of Transaction Systems commented on the launch: “At a time when the whole industry is talking about using smartphones as card acceptance devices, PAX is coming up with the ideal hybrid between the two worlds, with no compromise on security. It is with great pride that we are witnessing the first-ever Payphone launch, yet another innovation by PAX Technology. As we are living in an era where customer experience is vital, PAX Technology is revolutionizing the market by bringing forward a solution which combines great payment technology with convenience and great user experience.”
Andrew Wu, VP for the EMEA region at PAX Technology, concluded:“PAX continues to push the boundaries of innovation by bringing to market products which are helping our international clients win more business and deliver new profitable services. We are helping redefine mobile commerce, enabling merchants to be more effective and to process everything they need on the spot, anytime & anywhere. This is the beginning of a new era for mobile business, and we are proud that our global clients appreciate the competitive edge which PAX solutions are bringing to their businesses.”