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Table of Contents

Lead Story

The ACH, staking new channel claims

News

Industry Update

Tepid summer for many Gulf Coast merchants

Can the IRS legally attach levies to ISO reserve accounts?

Trade Association News

Features

GS Advisory Board:
Merchant retention, taking the initiative - Part 2

Selling Prepaid

Prepaid in brief

Dynamics of the youth card market

Gift cards: Value multiplier for merchants

Thom Aldredge
World Gift Card

Views

Securing a place for electronic payments

Patti Murphy
The Takoma Group

The allure of end-to-end encryption

Scott Henry
VeriFone Inc.

Uncle Sam might want to pin worker misclassification on you

Sarah Weston
Jaffe, Raitt, Heuer & Weiss PC

Education

Street SmartsSM:
Who will benefit when the Durbin Amendment dust settles?

Ken Musante
Eureka Payments LLC

The importance of PCI DSS compliance

Nicholas Cucci
Network Merchants Inc.

Is there any such thing as loyalty?

Nancy Drexler
SignaPay Ltd.

Need intelligence? Tap the feet on the street

Dale S. Laszig
Castles Technology Co. Ltd.

Succeeding at PCI compliance - Part 3: Implementing the rollout

Dawn M. Martinez
First Data Corp.

Global acquiring and fraud Q&A

Caroline Hometh
Payvision

Company Profile

Netcom PaySystem

New Products

RDC on the fly

QwikDeposit To Go
Bluepoint Solutions

Multipayment and multimedia at the POS

iSC350
Ingenico

Inspiration

Nothing fancy needed

Departments

10 Years ago in
The Green Sheet

Forum

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

July 26, 2010  •  Issue 10:07:02

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Trade Association News

ETA's Voice of Payments fosters advocacy

#dcf_During the Electronic Transactions Association's 2010 Annual Meeting & Expo held in Las Vegas in April, the ETA launched a new website with the mission of strengthening its core member legislative advocacy program at both state and federal levels.

The Voice of Payments website, www.voiceofpayments.org, actively informs payment professionals, government officials and the media as to the potential effects of proposed legislative and regulatory actions on the payments industry.

Immediate activation

"Normally when you launch a new program like this, there would be a big opening push to educate members about what the site can do and its intrinsic value," said Mary Bennett, ETA Director of Government & Industry Relations. "However, we did not have time to do that because almost immediately we had the Durbin Amendment surface in the Senate. Before we could properly introduce the site to everybody, we really had to activate it immediately."

Despite the lack of initial promotion, the website gained immediate popularity among payment professionals seeking information about the Durbin Amendment. For the first two months, The Voice of Payments focused almost entirely on notifying registered users about new developments in the proposed legislation. Throughout the process, the ETA encouraged the site's visitors to contact elected officials directly.

Direct link to elected officials

"A very essential part of government relations is to have members know what is going on in the legislative world, so they can contact their congressional representatives and voice their opinions. The site is designed to help members do exactly that," Bennett said. The new site is open to everybody. Even nonmembers can register for action alerts, which provide details on proposed legislation and regulations, next steps and the ETA's suggested actions.

"The Voice of Payments has helped organize and concentrate the voice of people in the electronic payments industry on a level that has not been done before," Bennett noted. "We represent a lot of people in a variety of businesses throughout the payments chain that until now didn't have a central resource for learning about what is happening in Congress. Now, with the click of a button, registered users can voice their opinion directly to members of Congress."

Spreading awareness

The website currently features a number of key issues, such as data security legislation, the newly created Consumer Protection Agency, and the progress of the IRS's proposed revisions to the 6050W Internal Revenue Code, which will change the method of reporting payment card transactions and are scheduled to go into effect in 2011. New content is being added to the website every day, including expanded coverage of state issues.

According to Bennett, who meets regularly with congressional staff in Washington, the new website has made members of Congress even more aware of issues pertaining to ETA members. "I definitely see a raised profile for ETA," she said.

To learn more about The Voice of Payments website, visit www.voiceofpayments.org.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | USAePay | Super G Capital LLC | Humboldt Merchant Services | Impact Paysystems | Electronic Merchant Systems