In the U.S. and Europe, when it comes time to swipe your credit or debit card, the odds are very high that it is going to go through a machine made by either VeriFone (PAY) or Ingenico (OTCPK:INGIY). China's PAX Global Technology (OTC:PXGYF) (327.HK) is hoping to change that, though, and the company already boasts significant share in China and the wider Asia-Pacific region. As the U.S. approaches the adoption of EMV standards ("chip cards"), PAX Global could be approaching some significant share growth potential.
PAX Global is not a bargain basement stock, though. The stock is not widely covered by Western sell-side banks yet, but the stock sports a pretty...
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