ATLANTA (PRWEB) April 09, 2015
The American Transaction Processors Coalition (ATPC) is applauding the creation of the bipartisan U.S. Senate Payments Innovation Caucus. The caucus, led in part by Sen. Johnny Isakson, R-Ga., will explore innovative technologies in the payments industry, including addressing issues in data security, consumer protection and the electronic payments industry.
“Senator Isakson has already gone to bat for Georgia’s 40,000 financial technology employees, and we look forward to working with this caucus to forge broad and bipartisan support for the industry among his Senate peers,” said ATPC Executive Director H. West Richards. “The payments industry is a vital part of Georgia’s economy, and we are grateful that our delegation in Congress is working in a united front to support it.”
“I am very pleased to co-chair a caucus to support the payments industry that is so centralized in Georgia,” Isakson said. “The Senate Payments Innovation Caucus will work to educate others in the Senate on how to support industry innovation and related policy issues to keep our payments industry number one in the world.”
More than 60 percent of the electronic payments industry companies are based in Atlanta and 70 percent of all U.S. payments processed run through Georgia.
The creation of the Senate Payments Innovation Caucus follows the founding of the Payments Technology Caucus in the House of Representatives last month. Two Georgia congressmen, Lynn Westmoreland and David Scott, are founding members of that caucus.
About the American Transaction Processors Coalition
The ATPC was created to protect, promote and preserve the interests of this critical Georgia industry through proactive public relations and government affairs activities. Member companies include: Worldpay US; Elavon; FIS; InComm; Merchant e-Solutions (a Cielo Company); Ingenico; Bluefin; and Vesta. Sponsors include: Hunton & Williams (Founding sponsor); VCE; and Brightwell Payments. Learn more at http://www.atpcoalition.org.