Mint Electronic Payment Services

MERCHANT ACQUISITION

MEPS offers the most complete suite of point-of-sale (POS) merchant solutions, including merchant credit/debit processing, gift/loyalty cards, e-commerce, and mobile payment. We offer industry-specific merchant solutions that are tailored to your precise business needs.

All the private POS acquired, with the assistance of the Bank, shall be connected to a Transaction processing company and all such machines shall provide access to cards.

MEPS shall acquire at its own cost and expense, Private POS and provide it to the merchants under closed loop for the usage of Payment Cards of its Customers by allowing purchases by each User by use of the Card.
Solicit merchants to accept the network-branded payment cards and relevant electronic payment services
Ensure that merchant meets the network requirements for financial stability and other conditions
Provide merchant with the necessary PoS equipment and training
Sign merchant agreement

MEPS will do the maintenance of all those POS terminals and may absorb the cost and expenses pertaining to the same or charge the same to the merchant.

BILL AGGREGATION

Mint is implementing a cashless environment by providing payment means through multiple distribution channels.

For this purpose, MEPS is affiliating with the billers in the UAE to extend electronic payments of such bills through Mint distribution channels and create a platform for the end-user to consolidate all the bills and pay through the Mint platform.

The system will also have an automated reconciliation and reporting service, eliminate direct cash collection and cashiers, and reduce logistic and operational cost and high risk.