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Mint Corp V.MIT

Alternate Symbol(s):  MITJF

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

Bullboard Posts
Comment by imbirdon Feb 01, 2013 10:20am
138 Views
Post# 20923723

RE: Human ATM Network

RE: Human ATM Network

ark88 great post.

 

Guess they cannot stop an orginization from becoming a broker and doing the same thing.

 

Remember banks are already taking people deposits and lending those same deposits as loans.  So Mint can do the same with a combination of all their registered card and cell holders and have money for micro-financing.

 

Anyway, great article ark88.  Thanks

Bullboard Posts