- Business
- Global Payment Technologies Inc. (GPTX) designs, manufactures, sells and supports currency validators, paper currency stackers and related payment components for cash handling in gaming machines, vending machines, kiosks and parking systems; its core offerings include note validators such as the SA4 Bill Acceptor, Falcon and Nova Green series, along with intelligent cash deposit, note recycling and desktop counting solutions for coin and banknote processing. Incorporated in 1988 and headquartered in Hauppauge, New York, with manufacturing and sales operations in Bohemia, New York, and an Australian subsidiary Global Payment Technologies Australia Pty Ltd established in 1997 based in North Ryde, NSW, the company serves gaming equipment manufacturers, vending operators, retailers and financial institutions in the United States, Australia, South Africa and internationally, holding leading market share in Australian gaming note validators installed across casinos, clubs and hotels. Formerly known as Coin Bill Validator Inc. until its name change in November 1994, GPTX maintains a workforce of approximately 79 employees under Chairman and CEO Andre Soussa, who also oversees the Australian operations, with recent financials reflecting trailing twelve-month revenue of US$10.98 million amid ongoing focus on international expansion in the business equipment and industrials sector.