Transaction Trends

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ETA Congratulates Victorious Midterm Candidates

11-7-2018

WASHINGTON, D.C. – November 7, 2018 – The following statement is attributed to Jason Oxman, CEO of the Electronic Transactions Association (ETA), following the 2018 midterm elections:

“The voters have spoken. As the voice of the payments industry, ETA will continue to work with policymakers on both sides of the aisle to protect and support innovation in payments.  ETA’s 500 member companies power more than $6 trillion in commerce in this country, and we support a policy environment that encourages the payments industry to develop and deploy new products and services that provide consumers and merchants with safe, reliable, and fast payments.”

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 $6 trillion in purchases in the U.S. and deploying payments innovation to merchants and consumers.

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 $6 trillion in purchases in the US and deploying payments innovations to merchants and consumers. Learn more: www.electran.org.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

OREGON

  • 17,500 total employment
  • $1.7B total labor income
  • $2.7B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MINNESOTA

  • 36,000 total employment
  • $3.6B total labor income
  • $5.8B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MICHIGAN

  • 43,900 total employment
  • $3.8B total labor income
  • $5.8B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MONTANA

  • 5,000 total employment
  • $400,000,000 total labor income
  • $700,000,000 total GDP contribution
  • To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NEBRASKA

  • 15,600 total employment
  • $1.4B total labor income
  • $2.2B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NEVADA

  • 22,400 total employment
  • $1.9B total labor income
  • $3.2B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NEW HAMPSHIRE

  • 6,400 total employment
  • $700,000,000 total labor income
  • $1.0B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NEW JERSEY

  • 53,400 total employment
  • $6.4B total labor income
  • $8.2B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NEW MEXICO

  • 5,900 total employment
  • $400,000,000 total labor income
  • $800,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NORTH CAROLINA

  • 71,000 total employment
  • $7.1B total labor income
  • $13.9B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NORTH DAKOTA

  • 4,600 total employment
  • $400,000,000 total labor income
  • $700,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

OHIO

  • 80,400 total employment
  • $6.9B total labor income
  • $16.6B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

OKLAHOMA

  • 18,600 total employment
  • $1.4B total labor income
  • $2.2B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MISSISSIPPI

  • 10,100 total employment
  • $600,000,000 total labor income
  • $1.2B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

PENNSYLVANIA

  • 64,500 total employment
  • $6.3B total labor income
  • $9.7B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

RHODE ISLAND

  • 5,800 total employment
  • $500,000,000 total labor income
  • $900,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

SOUTH CAROLINA

  • 22,500 total employment
  • $1.7B total labor income
  • $2.7B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

SOUTH DAKOTA

  • 15,300 total employment
  • $1.1B total labor income
  • $3.2B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

TENNESSEE

  • 38,800 total employment
  • $3.5B total labor income
  • $5.5B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

UTAH

  • 28,700 total employment
  • $2.4B total labor income
  • $4.9B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

VERMONT

  • 2,600 total employment
  • $200,000,000 total labor income
  • $300,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

VIRGINIA

  • 73,600 total employment
  • $8.5B total labor income
  • $12.8B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

WASHINGTON

  • 34,000 total employment
  • $4.6B total labor income
  • $7.8B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

WEST VIRGINIA

  • 4,800 total employment
  • $300,000,000 total labor income
  • $600,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

WISCONSIN

  • 28,100 total employment
  • $2.4B total labor income
  • $4.0B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

WYOMING

  • 2,500 total employment
  • $200,000,000 total labor income
  • $300,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

HAWAII

  • 4,900 total employment
  • $400,000,000 total labor income
  • $700,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

TEXAS

  • 209,100 total employment
  • $20.0B total labor income
  • $29.8B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

ALABAMA

  • 21,000 total employment
  • $1.6B total labor income
  • $2.8B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

ALASKA

  • 2,200 total employment
  • $200,000,000 total labor income
  • $400,000,000 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

ARIZONA

  • 63,600 total employment
  • $5.6B total labor income
  • $8.5B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

ARKANSAS

  • 12,000 total employment
  • $900,000,000 total labor income
  • $1.6B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

CALIFORNIA

  • 193,800 total employment
  • $26.6B total labor income
  • $41.1B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

COLORADO

  • 40,000 total employment
  • $4.2B total labor income
  • $6.2 total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

CONNECTICUT

  • 16,400 total employment
  • $2.1B total labor income
  • $3.3B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

DELAWARE

  • 38,400 total employment
  • $4.0B total labor income
  • $9.3B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

DISTRICT OF COLUMBIA

  • 4,200 total employment
  • $800,000,000 total labor income
  • $1.1B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

FLORIDA

  • 161,100 total employment
  • $14.5B total labor income
  • $18.5B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

GEORGIA

  • 70,700 total employment
  • $6.6B total labor income
  • $12.7B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

IDAHO

  • 7,800 total employment
  • $600,000,000 total labor income
  • $1.0B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

ILLINOIS

  • 87,300 total employment
  • $9.6B total labor income
  • $14.6B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

INDIANA

  • 27,300 total employment
  • $2.2B total labor income
  • $3.7B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

IOWA

  • 22,000 total employment
  • $1.8B total labor income
  • $3.3B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

KANSAS

  • 16,300 total employment
  • $1.4B total labor income
  • $2.1B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

KENTUCKY

  • 22,300 total employment
  • $1.7B total labor income
  • $2.7B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

LOUISIANA

  • 16,400 total employment
  • $1.2B total labor income
  • $2.2B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MAINE

  • 9,200 total employment
  • $900,000,000 total labor income
  • $1.3B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MARYLAND

  • 25,500 total employment
  • $2.4B total labor income
  • $3.6B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MASSACHUSETTS

  • 39,600 total employment
  • $5.3B total labor income
  • $8.0B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

MISSOURI

  • 31,900 total employment
  • $2.7B total labor income
  • $4.5B total GDP contribution

To learn more, download the report.

The payments industry is a powerful economic driver, creating high-paying jobs and contributing to GDP in every state while supporting a wide range of industries across the economy.

NEW YORK

  • 147,600 total employment
  • $24.4B total labor income
  • $54.0B total GDP contribution

To learn more, download the report.