ETA Statement by Jason Oxman, Chief Executive Officer, Electronic Transactions Association (ETA), Regarding Global Payments Recent Agreement with BitPay

August 6, 2014 – “We applaud ETA members Global Payments and BitPay on their innovative new partnership.  BitPay was the first virtual currency company to become an ETA member, and we expect more such partnerships as the payments industry innovates for the future. Today’s announcement further demonstrates the commitment of ETA and the payments industry to embracing new technologies.”

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About ETA

The Electronic Transactions Association (ETA) is the global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $4.5 trillion in purchases in the U.S. and deploying payments innovations to merchants and consumers.