ETA Honors Congressional Payments Leaders at Annual Hill Reception
7-7-2016
Last night, ETA hosted its annual reception on Capitol Hill honoring both Congressional Payments Caucuses- the House Congressional Payments Technology Caucus and the Senate Payments Innovation Caucus. The mission of both caucuses is to explore the new and innovative technologies in the payments industry, discuss issues like data security and new technologies, use technology to help the underserved access electronic payments, and help educate lawmakers and staff about the crucial role the payments industry plays in the American economy.
The event attracted almost 200 attendees including ten members of Congress, congressional staffers, and ETA member companies. Several Members of Congress spoke to attendees about the importance of supporting the payments industry which is vital to the American economy. Speakers included Chairman Neugebauer (R-TX), Congressman Bishop (D-GA), Congresswoman Sinema (D-AZ), Congressman Scott (D-GA), and Senator Isakson (R-GA). Other Members of Congress in attendance include Rep. Susan DelBene (D-WA), Rep. Rick Larsen (D-WA), Rep. Robert Pittenger (R-NC), Rep. Doug Collins (R-GA), and Rep. Barry Loudermilk (R-GA).
The event was generously sponsored by ETA Members MasterCard, OnDeck, PayPal, TSYS, and Visa.
The House Congressional Payments Technology Caucus is co-chaired by Reps. Lynn Westmoreland (R-GA), David Scott, Randy Neugebauer, and Kyrsten Sinema and the Senate Payments Innovation Caucus is co-chaired by Sen. Johnny Isakson, Sen. Tom Carper (D-DE), Sen. Mike Rounds (R-SD) and Sen. Gary Peters (D-MI).
About ETA
The Electronic Transactions Association (ETA) is the world’s leading advocacy and trade association for the payments industry. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $56.75 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers.
ETAs membership spans the breadth of the payments industry to include independent sales organizations (ISOs), payments networks, financial institutions, transaction processors, mobile payments products and services, payments technologies, and software providers (ISV) and hardware suppliers. For more information, visit electran.org.
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