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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Comment by soladadeson Aug 07, 2012 2:59pm

210 Views

Post# 20191025

RE: RE: FLUFF NEWS

Hardly think first card contract in new county i.e. QATAR is anything but "b.s." IMO.

Mint is demonstrating that it has a wide-reaching product throughout the region and isn't just a UAE or Egypt exposed stock. Now that they have a foothold, can grow much higher margin business (compared to Egypt). Egypt is such a mess that maybe foregoing Egypt altogether isn't such a bad thing. Anyways, it was always just "gravy" to their core business. Anyways, at least we got something.

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