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Mint Corp V.MIT

Alternate Symbol(s):  MITJF

Financial Services Credit Services
The Mint Corporation, through its subsidiaries, is a globally certified payments company. The Company is focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Company provides employers with payroll cards for their unbanked employees. It offers employers scalable, flexible and payroll card management solutions through its globally certified payments platform. It also focuses on facilitating payroll disbursement for unbanked workers, employees not qualified for traditional bank accounts. Its UAE operations comprise five entities, including Mint Middle East LLC (MME), Mint Electronic Payment Services Ltd (MEPS), Mint Capital LLC (MCO), Mint Gateway for Electronic Payment Services (MGEPS) and Hafed Holding (Hafed). MME is a payroll card services provider facilitating an automated and secure payroll system to employers in the UAE. Its UAE operations payroll cards and mobile app are branded under the Hafed name.


TSXV:MIT - Post by User

Mint Corp
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Comment by Agmanon Oct 31, 2011 2:10pm
200 Views
Post# 19196011

RE: RE: RE: RE: My Take

RE: RE: RE: RE: My TakeAgree - further, SCG has tough competition from the likes of GDOT, Netspend, Walmart (new entrant), and even VISA/MC - in addition to licencing with these other companies is doing their own pre-paid CCs. MINT, on the other hand, dominates the space they are in and doesn't have to wrestle with this type of competition. MINT are also not just a prepaid CC entity - they of course have the payroll administration aspect. Looking forward to today's Q results (looking like @ the end of the day - after market close).
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