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.

TSXV:MIT - Post by User

Mint Corp

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Post by panhandlephillipson Mar 11, 2013 4:51pm

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Post# 21112721

Just a Software Deal?

The Agreement provides for Mint to supply SAIB its software solution to permit the Bank, subject to regulatory approvals, to launch a prepaid card project and in particular to offer payroll prepaid cards in accordance with the recently announced Wage Protection System law

Good news non-the-less. Of course I'd like to see the financials for the deal.

Its my understadning that Ajman and Standard Chartered outsource their payroll to Mint.

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