Sydney, 21 December 2012: Mint Wireless Limited (ASX: MNW) (“Mint Wireless” or “The Company”) has signed an Memorandum Of Understanding (MOU) with SITA, under which the two organisations will collaborate to explore solutions and where Mint will assist, develop, go to market and deploy a turn-key solution with SITA to include an integrated mobile card payment technology from Mint, on Motorola MC75 mobile device and DCR card reader, smartphone and tablet (iPad) platforms for SITA’s members and customers with the initial focus in Europe and to eventually roll out the solution to other regions world-wide.
SITA is presently engaged with Mint and Motorola on a mobile services project called “Halo” for easyJet, the UK’s largest airline, which carries more than 58 million passengers each year. The five-year engagement initially included up to 100 devices being deployed at six airports which will enable the boarding of approximately 55,000 easyJet flights. Additional airports will be considered during the first six months of operation and easyJet plans to have up to 1,500 handheld terminals at 130 airports across Europe. Mint will be providing the mobile payment component through its mobile payment Enterprise software, the Mint Managed Payment Service and Motorola’s mobile computing devices and payment card readers.
Through this project, SITA identified a requirement for a mobile payments provider and expert to enable SITA to integrate mobile payments capability into its customer applications and services for the air transport industry.
The key objectives of the MOU will see Mint supplying and supporting the Mint Mobile Enterprise software and payment processing services on Motorola mobile devices and DCR payment card reader hardware for SITA members and customer business applications, which may include the following solutions:
- Excess baggage gate sales
- Priority boarding gate sales
- Seat upgrade gate sales
- Lounge access sales
- General aviation ramp fuel sales
- Tour operator mobile ancillary product sales
Mint will assist SITA in enabling the SITA iPad based cabin services software to accept secure chip and PIN card payments. Mint will assist SITA in selecting card reader hardware technology for use with the iPad tablet devices used for the SITA cabin services software. Mint will also assist SITA in integrating the Mint Mobile Enterprise software into the SITA cabin services application to enable passenger card payments both online and offline, with Mint processing all SITA mobile card payment transactions.
SITA provides complete end-to-end mobile solutions including integration to multiple applications for many of the world’s leading airlines and air transport companies. Through a partnership with Motorola and Mint these airlines have a single supplier for their global mobile services and mobile payment needs.
In a recent press release on the easyJet mobile services project, Rukmini Glanard, SITA Vice President, Communications and Infrastructure, said:
“The move across the industry is to mobile; our latest survey of airlines shows that by 2015 mobile will be beyond the tipping point – shaping every aspect of the travel experience. At SITA, we are ready to help airlines be fully mobile.”
Alex Teoh, Mint’s CEO commented:
“The Mint Mobile Payment solution is designed to provide a simple way of enabling secure chip and PIN card payments to be performed from within existing business applications. It performs the full end-to-end payments processes, including authorisation and settlement – in effect a complete card payments ‘black box’.
This is the basis for the investment we have made in our mobile payments technology that we are now looking to commercialise and we are very excited to be working with a market leader in the air transport industry such as SITA, as they will be the perfect partner to give scale to the solution. We believe this partnership will be mutually beneficial for all parties and will place Mint in a solid position in 2013.”
Investor & Media Enquiries
Alex Teoh | Co-Founder & CEO | alex.teoh@mintpayments.com | +61 2 8752 7888
