News: Rewardle Holdings starts field trial of Mint Payments payment platform

Rewardle Holdings (ASX:RXH) has launched a live field trial of the Mint Payments (ASX:MNW) mPOS terminal which facilitates card present payments for Rewardle Merchants.

Mint’s payments technology platform enables card payments to be made via a range of mobile devices.

This has the effect of extending the utility of Rewardle’s customer facing tablets by turning them into EFTPOS terminals capable of accepting tap and go or chip and PIN payments.

The integration offers the parties potential to disrupt the billion dollar payments sector.

A small number of Mint terminals have been provided to Rewardle Merchants.

Data and insight gathered from the field trial will be used to negotiate formal commercial partnership terms and assisting in the development of a go to market plan for the combined Rewardle/Mint solution.

Rewardle had $4.86 million in cash as at 30th June 2015.