NETS to launch Unified mPOS in Singapore powered by Mint
• NETS is Singapore’s leading payments solutions group owned by Singapore’s largest banks (DBS, OCBC & UOB)
• As of 2018, NETS has over 100,000 merchant payment acceptance points in the country, as well as online payments
• Mint signed a 5 year + 5 year software license and distribution agreement with NETS. Product launch confirmed for Singapore on 30 April 2018 as most cost-effective unified POS solution in market
• Mint will commence earning software and transaction revenues in Singapore from NETS merchants and channel partners signed up to the payment service
Being on cash flow positive
MNW Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
