Payment processor Mint Payments reported a loss of A$3.7 million for the six months to December - down from a loss of $4.4 million in the previous corresponding period.Revenue of $1.4 million was 20 per cent higher than the previous corresponding period.During the half the company had a strong increase in transaction volumes, after it completed a number of deals, including licensing agreements with the payment gateway company eWay and the taxi booking and payment service goCatch.Established distribution partners include MYOB and Bank of New Zealand.Earlier this week the company announced that it had signed a licensing and distribution agreement with the travel agency software company Tramada Systems that will allow Tramada to offer a payment processing service to its customers.During the half the company made a $4 million share placement to Vix Investments ad a $1 million placement to existing shareholders. At December it had $8.6 million of funds available.