PAX Computer Technology (Shenzhen) Co., a wholly-owned subsidiary of PAX Global, an electronic funds transfer point-of-sale terminal solutions provider, has entered a partnership agreement with Derpos, a Turkish payments systems integrator established by senior payment industry executives.

Soner Casur, CEO of Derpos, commented: "With close to three million e-payment terminals installed, Turkey is a dynamic market which is a natural fit for a leading global supplier like PAX".

Turkey recently legislated that all fiscal cash registers and e-payment terminals have to be upgraded and combined to be part of a unified system. It necessitates the deployment of smart EMV PIN pads or even new types of fiscal e-payment terminals to cater for such requirements.

Ayhan Erdogan, a director of Derpos, said: "The vertical market segment for e-payment devices in Turkey is also large, and this is another key area of focus for PAX offerings."