M1 Payments Corridor
An M1 ‘Digital Payments Cluster’ is a key part of the Government’s NorthEast Action Plan for Jobs which proposes the creation of a ‘digital payments hub’ along the M1 economic corridor with the potential to create hundreds of sustainable new jobs.
The M1 Payments corridor has been developed and proposed by The Mill Enterprise Centre, Drogheda, as a means of utilising and adding value to the geographic concentration of ePayments and Fintech transaction companies along the M1 corridor (i.e. PayPal, Vesta, State Street, Yapstone etc)
It is an industry grouping of ePayments / Fintech companies, and allied stakeholders (IDA, EI, DCU, DKIT, Louth Economic Forum), promoted by The Mill, that serves the wider geographic M1 corridor in a Fintech vertical known as ePayments.
Industry members of the M1 Steering Group include Vesta, PayPal, State Street, Aphix Software, Yapstone, and Coca-Cola International Services.
THE THREE STRATEGIC PILLARS
Enabling up/down stream interaction between the Startup/SME community and MNC to drive innovation and capability building
for Foreign Direct Investments