First American and PAX Technology Announce Partnership

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Bringing Next Gen PCI 4+ Devices to Market

Leading the charge towards PCI 4+ standards compliance, which takes effect next year, First American Payment Systems and PAX Technology are partnering together to bring next gen devices to market.

This expanded hardware offering includes options for semi-integrated and stand-alone payment terminals, all of which are supported by the PAX Commerce Platform open software distribution platform, compatible with First American’s newly launched Marketplace.

The partnership benefits both ISVs and their merchants, giving software developers a turnkey method for upgrading their solutions across a wide variety of PAX Android-based products designed to meet the merchant needs of the SMB market.

“Now First American Payment Systems merchants benefit not only from advanced PAX PCI 4+ terminal security but also from the PAX cloud-based Commerce Platform where merchant compliance updates and new features can be delivered at the push of a button without burdening the merchant processing experience,” said Andy Chau, CEO of PAX Technology Inc.

“We are thrilled to partner with PAX, extending next-gen solutions to our partners,” said Sarah Adams, First American’s VP, Global Product. “The partnership creates a unique opportunity for ISVs in particular, who can leverage the integration convenience of our marketplace to quickly incorporate frictionless payment solutions within their software through a single device.”

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About PAX Technology Inc.
PAX is one of the fastest-growing electronic payment solution providers in the world. PAX has been serving the global retail marketplace for over 18 years and has distribution in over 100 countries shipping over 36 million terminals worldwide. PAX offers a complete line of products and services supported by extensive R&D capabilities. In addition to a most competitive pricing model, quality assurance is the company’s top priority which enables PAX to have a strong advantage in the marketplace. For more information, please visit http://www.pax.us.

About First American Payment Systems – Technology Driven Payments
First American Payment Systems, L.P., headquartered in Fort Worth, Texas, is a global payment technology company providing leading integrated payment solutions to more than 180,000 merchants throughout the Americas, Europe, and Australia. First American provides partner and merchant payment solutions that include a robust set of in-store, online and mobile payment solutions paired with the latest in payment security, across a wide range of verticals. Backed by award-winning customer service, merchants and partners have access to our U.S. based Customer Call Center 24/7/365. For more information, visit http://www.first-american.net.

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Rebecca Walden
First American Payment Systems
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