Interesting points in this Investor Report:1)  Page 27...

Interesting points in this Investor Report:

1)  Page 27 highlights the economics of each transaction that Mint posts through their payment system.

For a Direct merchant, Mint  recognises 1.2% to 1.6% of the transaction value.

Through their indirect channel this was only 0.3%.

You can see why they have been struggling over the past number of years with the indirect channel.

This is now a game changer in terms of revenue recognition and profitability for Mint, given their huge growth that is currently occurring in the direct to market travel segment, and in their direct market in general.

2) BNZ is real and happening next quarter. This will see a huge boost to transaction revenues from this initial $1M worth of  payment terminal HW. I can see all BNZ's major retailers and all merchants adopting this payment technology, since this will be the new payments technology BNZ will be supporting in the future.

3) Page 29  Outlook - Announcements of major customers and partnerships in the coming months 

... not to mention NETS and Singapore warming up.

Excellent seeds of growth planted here for a nice turnaround in the share price in the coming months