PAX Technology, a leading payment terminal solutions provider, has unveiled the European launch of the M30 & M50 Android PayPhones (at the payment industry’s Money20/20 event in Holland on 21-23 September 2021).
The M-series PayPhones are the “first-ever” smartphones with inbuilt point of sale (PoS) tech that combine the benefits of a secure EMV & PCI 6 certified payment terminal “within a modern Android smartphone ecosystem.”
As mentioned in a blog post, 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.”
“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,” stated Jack Lu, CEO at PAX Technology
In Brazil, where many of the M-series models were deployed during a testing 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.”
M30 has been specifically developed to bridge the gap between customer and POS system capabilities, “enabling companies and entrepreneurs to run an eCommerce business on the go.”
All established international payment methods may be accepted, while “efficiently handling sales & inventory management.” A secure PINpad is “located on the opposite side to the full screen display, turning the smartphone into a secure payment device,,” the announcement explained.
M50 takes the user experience (UX) even further by improving 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 supported by advanced battery tech “allowing up to 78 hours of standby time.”
Andrew Wu, VP for the EMEA region at PAX Technology, remarked:
“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.”