Senators Announce New Bipartisan Payments Innovation Caucus

April 8, 2015 -U.S. Senators Mike Rounds (R-S.D.), Gary Peters (D-M.I.), Johnny Isakson (R-G.A.) and Tom Carper (D-D.E.), today announced the formation of the bipartisan Senate Payments Innovation Caucus. The Senate Payments Innovation Caucus will explore new and innovative technologies in the payments industry and address issues concerning data security, consumer protection and electronic payments.

“As the trade association of more than 500 U.S. payments technology companies, ETA applauds the leadership of Senators Tom Carper, Johnny Isakson, Gary Peters and Mike Rounds in forming the Senate Payments Innovation Caucus,” said Jason Oxman, CEO of ETA. “ETA member companies are the world’s leading payments innovators, deploying mobile payments and other technology that powers commerce for merchants and their customers.  We look forward to working with caucus members to advance policies that promote innovation and economic growth through payments technology.”

The Senate Payments Innovation Caucus will focus on educating staff and Senators on the dynamic issues surrounding this growing industry, including data security and consumer protection, innovation in electronic payment technologies and consumer access to electronic financial services.

Reps. Lynn Westmoreland (GA-03), Randy Neugebauer (TX-19), David Scott (GA-13), and Kyrsten Sinema (AZ-09) recently formed the Congressional Payments Technology Caucus in the House of Representatives.