Mint Partners with Electrolux

Electrolux adopts Mintegrate to introduce mobile payments for the convenience of its customers.

Sydney, 30 April 2014: Mint Wireless (ASX:MNW) (“Mint Wireless”) announced today that Australia’s leading household appliances company, Electrolux Home Products Pty Ltd has selected Mint Wireless to introduce a new mobile payments solution for its service technicians in Australia.

Electrolux will develop its mobile payments solution using Mintegrate, a simple yet powerful platform that Mint Wireless has created for developers to integrate mobile payments into mobile applications for iOS and Android devices. The solution includes a secure and bank-grade compliant Chip and PIN device that will allow Electrolux service technicians to accept card payments on their Android smartphones and automatically reconcile transactions with Electrolux’s backend systems.

Alex Teoh, CEO of Mint Wireless said, “We are delighted to partner with a global brand like Electrolux to rollout their mobile payments solution. Mint Wireless eliminates the complexities of reconciling payments from customers and improves the cash flow of businesses as payments are credited to their account on the next business day. Customers can also be assured that their card payments are being taken on a secure and compliant device, similar to any device a consumer would use in a retail environment.”

David Lee, Electrolux’s Senior Corporate Controller said, “Electrolux is committed to drive innovation globally and making the lives of our employees and customers easier. We have designed our appliances with our customers in mind and we are now working with Mint Wireless to make the lives of our customers easier by providing them with a hassle-free option to pay wherever they are. ”

Hundreds of Electrolux technicians attending to service calls from June 2014 will be equipped with an Android mobile device and a small Electrolux branded card reader. At the end of a service call, service technicians can enter the cost of the service call on a mobile device, swipe a credit card and get customers to confirm the transaction using a PIN or on-screen signature. After the PIN or signature has been verified, customers can choose to receive a receipt by SMS or email.

All transactions will be captured and accessible on a web-based admin portal allowing Electrolux’s administrative office employees the freedom to view transaction histories and report on all transactions. The solution will be integrated with Electrolux’s backend systems and this will significantly reduce the number of administrative tasks to be performed.

 

Investor & Media Enquiries

Alex Teoh  |  Co-Founder & Group CEO  |  alex.teoh@mintpayments.com  |  +61 2 8752 7888