Ann: Mint Signs Leading Travel Solutions Provider Processing $4B, page-12

Here's my 2c:

- Mint are clearly focusing more on the Card Not Present market. Good volumes with the right business but low margins. Someone indicated that they might get 1% of total turnover. Sorry, won't be close to that.
- Their new guy - Jamie Collins - has a strong background - https://en.wikipedia.org/wiki/IP_Payments in this market.
- $43 million cap is probably about right for where they're at but there is bigger upside in their infrastructure. I wonder what they are going to do with their EFTPOS accreditation (harder to get that you would think).

A few more deals being announced and this one should double.