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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
Post by panhandlephillipson Apr 27, 2012 10:05am
98 Views
Post# 19843406

Ubika, Right on Schedule

Ubika, Right on Schedule

Apr 27, 2012 (ACCESSWIRE-TNW via COMTEX) -- TORONTO, Canada: Ubika Research has released a new research bulletin on Mint Technology Corp CA:MIT0.00%(cve:MIT) on the recent announcement that Mint Global Processing LLC (subsidiary of MIT) has won the approval from UAE Central Bank to be the fourth Third Party Processor to be authorized to connect to the UAE Central Bank Switch.

Ubika Research analyst Vishy Karamadam says "With this certification MIT is joining an exclusive club (an oligopoly) of just three other third party processors who are licensed to process prepaid and ATM transactions in UAE".

To download the research bulletin please visit:https://www.smallcappower.com/companies/mint-technology-corp/research-reports.html

Bullboard Posts