Araxi sees positive medium- to long-term outlook for payment device deployment despite weak H1 terminal performance

Bitget2026/09/30 15:05

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Araxi flagged a “reasonable” H2 pipeline, backing expectations for a medium- to long-term rebound in payment terminal deployments.
H1 terminal performance ran “well below expectation” as SARB modernization and regulatory changes delayed new orders, deployments, and maintenance activity.
License and related revenue remained on track, supported by growth in the active terminal estate.
Software division outlook stayed positive, supported by rising sales, a strong project pipeline, and year-on-year cost savings lifting profitability.
Pay@ continued to outperform expectations; four months of results will be included in interim numbers due around Dec. 8.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Araxi Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604095), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Araxi sees positive medium- to long-term outlook for payment device deployment despite weak H1 terminal performance

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