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Thursday, 05/08/2014 11:23:54 AM

Thursday, May 08, 2014 11:23:54 AM

Post# of 298910
Mj-pay will be great, but I'm honestly more excited about the p2p along with the merchant apps. Know this, Square processed $15 billion a year ago. That's with credit/debit card based product, which requires additional hardware be purchased and an almost 3% per transaction fee. That's a big hit on profit margin for any business. Not to mention every time someone uses that system they open themselves up to potential fraud.

In comes MYEC's p2p + merchant apps that will run on the already existing ipad terminals and phones that people are using to do business, with instant transaction and lower fee. How long do we think it will be before we process $15 billion annually in transaction? Not long IMO.

Ohhhh how I love me some MYEC!

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