PXGYF - PAX Global Remains Well-Leveraged To Double-Digit Growth In Cashless Transactions
- PAX Global has been leveraging its new Android POS systems to take advantage of double-digit cashless transaction volume growth across multiple emerging markets.
- Cash still remains the dominant form of payment in numerous high-population emerging markets, creating significant long-term POS terminal growth potential.
- PAX Global has chosen a toll-taker approach to payment and related software, a move that reduces development risk (and costs) and creates longer-term ecosystem value.
- Disclosure and transparency are legitimate risks, but PAX Global looks poised to deliver double-digit long-term annualized returns on long-term mid-to-high single-digit revenue growth.
For further details see:
PAX Global Remains Well-Leveraged To Double-Digit Growth In Cashless Transactions