The Merchant Advisory Group (MAG) was founded in 2008 as a collaborative platform aiming to drive positive change and innovation in the payments industry by advocating for merchants' interests. Representing 150 of the largest U.S. merchants, with an annual sales volume of over $4.8 Trillion, of which approximately 62% is electronic, MAG holds a significant position in the industry. With a mission to foster multi-stakeholder collaboration, education, and advocacy, MAG ensures that the merchant voice is included in crucial discussions about evolving payments. Their active participation in industry events and engagement with other merchant trade associations amplifies their influence. Although lacking specific investment details, the potential for growth and innovation in the payment industry, especially in representing merchant interests, makes MAG a noteworthy prospect for venture capitalists seeking to engage in transformative projects within the payments sector.
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