Mint Launches EFT Payments Platform Designed for the Travel Industry

Mint Payments adds real-time electronic funds transfer (EFT) payments to provide the most innovative end-to-end payments platform dedicated to Travel.

Sydney, 30 July 2021 – Mint Payments will add EFT functionality to its payments ecosystem in order to deliver Australia and New Zealand’s first dedicated, end-to-end travel payments solution aimed at helping travel agents process payments from their customers and to their suppliers all from one platform.

To facilitate the new offering, Mint has partnered with Split Payments. This exclusive partnership will see the two travel-focused businesses come together to combine their expertise and offer a payment trading hub purposely built for the travel and tourism industry. The MintEFT payment solution will be launched in August 2021. It is an integrated B2B payments and remittance solution that will fill the need for making and tracking EFT payments efficiently. The platform will provide agents and operators with the ability to automate bookings, streamline reconciliation as well as offer a range of payment options, including electronic funds transfer (EFT) and credit card with real-time payments and immediate settlement.

“Partnering on this project felt very natural given the strong focus on travel that both Spilt and Mint have had over many years. Working together to build a platform that is designed to fill the bespoke needs our travel customers will see us be able to offer an end-to-end payments solution from customer to agent and on to operators while ensuring real-time visibility” said Mint CEO, Alex Teoh, of the partnership.

“Split Payments is excited to exclusively partner with Mint Payments to help support the industry get back on their feet. Split and its founders have over 20 years’ experience in tourism and are passionate about providing an end-to-end payments solution built for the industry by the industry.” said Split Co-Founder, Matt Cheers.

MintEFT Key Features:

A dedicated platform built for the needs of travel agents and tour operators.
The dedicated travel payments platform, using bank transfer, real-time payments and credit card payments to deliver the most secure and transparent travel payments platform available today.

Payments that just work.
Collectively we have a core team of highly experienced payments experts with direct knowledge of the travel and tourism sector. Because we understand the challenges, we can design the best solutions – with increased payment security, easy agreement management, and the ability to move money faster.

Fast and easy onboarding.
With a streamlined application and onboarding process, we will be able to get your business up and running quickly, plus you’ll have access to our local support team to train your team and assist you as needed.

Read the latest updates and register your interest in the MintEFT platform here.