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 Oct 11, 2012 12:06pm

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Post# 20473320

What is coming till end of 2012..

These are some of the reasons why the 2013 will be Mint breakthrough year... and don't forget the Egypt deal starting in January 2013...

Mint expects that the Micro Finance Test Program will be completed in approximately October 2012.
The technology platforms used by Speed Remit and ePAY must be integrated with the technology platform used by MME’s payroll card, allowing cardholders to use the funds recorded against their payroll cards to make money transfers and to top up airtime on their mobile phones. Mint expects that this integration will be completed by approximately November 2012 and that the cost to complete this integration will be approximately $50,000.
Mint Capital LLC has been registered in the Dubai International Financial Center (DIFC) and will manage the Mint Capital branded products including the microfinance product. It is staffed and ready for the launch by end of Q3 2012.
Business activity is also expected to commence in Saudi Arabia by the end of 2012.