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.

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Mint Corp

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Post by habstraderson Sep 20, 2012 2:52pm

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Post# 20392141

My feeling... change management delay

It's only my feeling but refering to the news release of last month and based on my experience..

"...he indicated that the plan needed to be presented to President Morsi for approval as this was a top priority project in the field of land reclamation and debt reduction as part of the renaissance being called for from the President. The parties involved are also working on how to present the project to the farming community in a simple, easy to understand manner."

I think that Morsi gave is approval, but the change management and the communication is a very important success factor... and it delays the news release. You don't want to scare farmers with that new technology thing...

only my own personal feeling :)

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