Mint has announced the issuance of its first EMV Chip based UnionPay Salary Cards in the GCC. UnionPay International has certified Mint as its Third Party Service Provider (TPSP). The launch of UnionPay’s EMV Chip based salary cards aims to provide more than 500,000 workers with electronic payments functionality along with other value added services including global withdrawal, global Point of Sales Purchases as well as global access to their finances. Mint with association with partner banks can provide micro credits at affordable rates, and assist workers in gaining the ability to choose the right savings and insurance. The issuance of this card aims to achieve financial and digital inclusion by creating awareness within workers and facilitating their way with the company’s partner banks to bring them up to date with the daily banking requirements.
Monday 28, March 2016 by Robin Amlôt