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 panhandlephillipson Sep 03, 2012 5:46pm

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Post# 20312486

Digital-payment services are multiplying in the Mi

Once again Mint has perfectly positioned itself. But they need to start executing. Some points I took away from this article are that only 5% of Egyptians have a bank account - Very fertile ground for a WPS program. And that many payment operators have difficulty linking up with a bank. No issue for Mint. Of course having Carta Worldwide as your partner helps too.

These Managing Directors better start getting their butts in gear.

https://www.economist.com/node/21561928

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