Russia-based Sberbank has selected PAX Global Technology, a provider of E-payment terminal solutions services, as its payment terminal supplier.
PAX said that Sberbank has deployed a range of its E-payment Terminals including the S80 countertop, D210 mobile terminal and the integrated retails PinpadS200 and S300.
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PAX CEO Jack Lu said: "The alliance with Sberbank will allow both companies to exploit new revenue opportunities in the growing Russian market, and we will continue to invest in the local market in delivering a faster, more convenient and increasingly reliable set of services to consumers."
INPAS general manager llya Korobov said: "Through years of diligent effort, PAX has captured an increasing share of the local market and as a main supplier to Sberbank, we are now even more confident of taking a greater slice of the Russian payments business."
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