About
Imagine you are a small/mid-size local business, working hard to grow in this tough economy. Now imagine not having any control over your 3rd biggest cost – credit/debit transaction fees. Card transaction cost eats into profits, by as much as 25% of profits. Consumers want the convenience of a “cash less” transaction. To provide that convenience to consumers, you accept the cost of card payments as part of doing business. What if there was an option? A payment network that’s on your side. One that provides you and your customers the convenience of an electronic transaction, and saves you on transaction fees. A system that empowers you, the merchant, with tools to promote your business and reward your customers. This is what M2 Labs (M2) is focused on. M2 is working to build a cloud based mobile payment network. Leveraging the power of the smart device and the ubiquitous banking rail. M2 Labs is founded on the simple idea: how to minimize the friction in the flow of money.