Tatarstan President meets CEO of Chinese PAX Technology IT Company

On November 16, during his working visit to Shenzhen (China), Tatarstan President Rustam Minnikhanov had a meeting with CEO of PAX Technology IT Company Jack Lu.

In June this year, Minnikhanov met Jack Lu during the visit of CEO of PAX Technology to Kazan.

Speaking at the meeting, Tatarstan President noted that PAX Technology is one of the global leaders in electronic payment terminals. The company sells products to many countries and has a lot of distributors, including in Russia.

In his turn, Lu appreciated the experience of Tatarstan in supporting innovative companies and promoting the development of partnership relations between Tatarstan and Chinese IT enterprises. “After our visit to Kazan, we continued our communication with DLS company. After a detailed analysis, we have seen the great potential of their new SwitchSales service and are interested in cooperation,” he added.

PAX Technology is cooperating with Tatarstan DLS IT company, which develops the SwitchSales system. This is a new service for managing the retail purchase process and is a technological platform for creating customer identification systems for any bank cards. SwitchSales personalizes the sales process and is available for customers with any bank card.

Then, a cooperation agreement was signed between PAX Technology and DLS Company. As agreed, PAX Technology will promote the SwitchSales system in the international market.