Mint Payments, an Australia-based mobile payments and transaction processing company, has rolled out a new online payments solution designed to cater the customer-not-present (CNP) sector of the payments market.

Dubbed as Minternet, the new platform will focus on the CNP based online and back office collections needs of small and medium sized enterprises (SMEs) to large corporates.

The solution features an integrated credit card merchant facility or a bank account direct debit facility all offered through Mint.

The company has integrated its Minternet product suite with its bank grade payments platform to expand its presence in the payments services market.

Mint Payments CEO Alex Teoh said: "The development of the Minternet suite enables us to service the full collections needs of SMEs and large corporates.

"Following the successful implementation of Mint’s face-to-face mobile payments solutions for our business clients and partners, it was a natural progression for Mint to evolve with online payments and a suite of innovative billing solutions."

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"This initiative is a core part of our omni-channel payments strategy that was communicated to the market last year."