The Mint Corporation, also known as Mint, is a financial technology company that operates in the credit services industry. The company provides globally certified financial services to employers, merchants and employees.
The company, since 2009, has been serving unbanked workers in the United Arabs Emirates (UAE) through its innovative fintech platform that offers tailored financial solutions. The UAE-led Wages Payment System demand that all the employees must be paid electronically to ensure fair and timely payment of wages/ salaries, which opened new doors for Mint.
The Toronto-based company customized payroll card management solutions to businesses, with a primary focus to serve payroll disbursement to workers and employees who don’t have a bank account or does not qualify for an account. Mint’s platform enables the receivers to get their payment via a Mastercard or UnionPay payroll card.
The company has developed world-class payment infrastructure that runs on system integration and is compliant to the Payment Card Industry Data Security Standard (PCi DSS). This platform uses Near Field Communication (NFC) tech and features hosted processing, personalization and support applications. The platform is flexible and allows the company to improve and upscale product features and deploy new offerings at a global level.
The company aims to offer all kinds of financial services, like conventional bank account holders receives, to the payroll cardholders via its companion mobile application. This application allows cardholders to check the account balance, send or receive money, loans and such solutions directly via the app.
The fintech firm along with its subsidiaries (collectively, the Mint Group) provides fully integrated financial solutions, such as issuance, processing, or acquisition of payments, etc. via its in-house platform. The Group is focused on developing products to provide value-added services to corporate clients and employees.
The Mint Corporation has its primary business in Dubai, UAE. The company has more than 400,000 cardholders, 800 plus employer clients and is associated with no less than 15 financial institutions.
It works in partnership with Mastercard, UnionPay, Thales, Omantel, STC, Interac, Oracle, ADIB, Noor Bank, Batelco, MTN, Ooredoo, PCi, IBM, First Gulf Bank, Equinix, Chinguitel, Fortinet, Etisalat, Ajman Bank, Mauritel, and many more.