|
Mint Wireless Limited (Mint) is a global payments and mobile transactions company listed on the Australian Securities Exchange (ASX: MNW). Mint Wireless’ core businesses include innovative mobile payment services for the developed and emerging markets. Intermoni, a wholly owned subsidiary of Mint Wireless, has an innovative and cost effective micro-transactions (pre-paid airtime reload and micro remittance) solution that provides a cost effective and efficient mobile money transfer service to the unbanked population in emerging markets globally. Mint Wireless also has a 51% interest in J&C Pacific Sdn. Berhad, a mobile airtime reload and transfer provider in Malaysia. Mint has won many hardware and software awards including Microsoft and IBM’s Consensus Awards in 2008. In 2009, Mint has been recognised amongst Australia’s best performing small-to-medium companies, winning two recent awards: ranking 4th in the BRW Fast 100 awards, and ranking 5th in the SmartCompany.com.au Smart 50 awards.
Our vision is “To become the largest, global micro-transactions processing company for the poorly banked and cash economy”.
Mint Wireless’ wholly owned subsidiary, Intermoni is unique and compelling from other mobile money solutions that are evolving globally:
– Intermoni is a ‘bricks and mortar’ deployment and front end, bridging market gaps between the developed online world and the poorly banked, cash economy.
– Intermoni enables the ‘cash to account’ segment of the micro transaction cycle for the poorly banked in developing economies through self-service 'plug-and-play' cash acceptance kiosks and mobile over-the-counter terminals
– Meeting the demands of the poorly banked migrant and developing world for financial services and micro (small) valued transactions and remittances below USD$20
– Intermoni uniquely enables the poorly banked to facilitate ‘cash to account’ micro transactions complementing the rapid growth and increased consumer demand for airtime and data usage due to the growth of content from mobiles
– Specific focus on poorly banked migrant market and emerging markets
* Caters to international migrants and migrant workers from regional areas with low levels of internet access / literacy
* Easier, convenient and less complex solution which is more competitively priced, compelling and disruptive to existing practices that are inconvenient, inefficient and not easily scalable
|
