ETA Hosts Payments Innovation Day on Capitol Hill

Panel of Industry Leaders to Discuss How Mobile Payments are Accelerating Commerce

WASHINGTON, Dec. 2, 2013 /PRNewswire-USNewswire/ -- The Electronic Transactions Association (ETA), the global trade association representing the payments technology industry, is hosting a Payments Innovation Day on December 3 to educate lawmakers and their staff about mobile payments innovation that is revolutionizing commerce. The event will feature a panel of industry experts who will discuss new technologies that are creating more convenient, secure and rewarding payment options for consumers.

"Electronic payments reached $4.6 trillion in 2012 in the U.S. and the projections for growth are astronomical," said Jason Oxman, CEO of ETA. "As the trade association of the payments industry, ETA is offering a unique opportunity to policymakers and media covering the payments technology industry to join us and hear from the leaders in mobile commerce about the innovations driving this vital segment of our economy."

The panel, entitled How Mobile Payments are Accelerating Commerce, will take place Tuesday, December 3 at 12:00pm in the Rayburn House Office Building.  Following opening remarks from Representative Shelley Moore Capito (R-WV), the panel will be moderated by Nela Richardson, Senior Economist, Bloomberg Government. Panelists will include Jay Hansen, Counsel, Intuit, Tom Gannon, VP Public Policy, MasterCard, Ali Gabel, Manager of Government Affairs, PayPal and Jackie Moran, VP Information Technology and Services, Verizon.

"Without the payments industry, global commerce would literally grind to a halt, and we need to make sure Congress understands that," said Tom Gannon, VP Public Policy, MasterCard. "By sharing our expertise with policymakers, we can directly impact the competitiveness of U.S. payments technology-based businesses, help sustain and grow payments industry jobs in America, and facilitate the advancements necessary to ensure continued momentum in mobile payments."

In addition to the briefing, the day will include meetings with members of Congress and high-level government officials. For details and registration information, contact Jaime Graham, Senior Government Relations Manager, at Jaime.Graham@electran.org or 202-677-7409.

For media inquiries, contact Meghan Cieslak, 202.677.7406 or meghan.cieslak@electran.org.

About ETA

As the only organization leading and representing the payments technology industry, ETA offers cutting edge news and information, facilitates business connections and growth, provides a standard of industry certification, and advocates on issues critical to their members' success. ETA's more than 500 members represent over $4 trillion in payments processed across the payments supply chain.

Contact:
Meghan Cieslak
202.677.7406
meghan.cieslak@electran.org

SOURCE ETA



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