About the ATPC
HOW WE FORMED
Before the American Transaction Processors Coalition (ATPC), payments processing companies were squeezed out of the political and regulatory chain of influence, and few Georgians and politicians understood the importance of the industry to the state’s (and nation’s) economic success.
Payment processing currently equals the entire U.S. movie industry (worldwide annual sales) and is dominated by Atlanta, just as Los Angeles dominates films. Most people don’t know about the industry and its impact, which is why the ATPC was developed…to tell the story of more than 40,000 employees right here in the state and an additional 105,000 people around the world on the payroll of Georgia companies.
WHAT WE DO
The ATPC was created to protect, promote and preserve the interests of this critical Georgia industry through proactive public relations and government affairs activities.
The ATPC focuses on Georgia’s Congressional Delegation to build broad Congressional support for protecting the payments processing industry, and ensuring Georgia and the U.S. are recognized as the global center of the digital economy.
In addition, the ATPC works with member companies, community leaders, and government officials to raise the profile of the payments processing industry in a positive light.
WHAT WE’VE ACCOMPLISHED
- Met with 100 Congressional offices to become the “go-to” payments resource
- Secured Georgia Congressional delegation support to challenge CFPB Prepaid rule
- Helped pass Cybersecurity Information Sharing Act through lobbying, placed articles, and Congressional meetings
- Supported launch of House Payments Technology Caucus (now 26 members) and Senate Payments Innovation Caucus – both co-chaired by Georgia Delegation
- Held the first Payments 101 Congressional Staff briefing
- Participated in 11 Congressional hearings on payments, cybersecurity, and others
- Briefed the Obama Administration, Department of Homeland Security and Department of Treasury and the National Cybersecurity and Communications Integration Center
- Co-Sponsored the Congressional Payments Technology Caucus Meet‐and-Greet
- Featured ATPC editorials in The Hill and PaymentsSource urging passage of Cybersecurity legislation, and demanding comment period extension for onerous proposed CFPB Prepaid Card Rule
- Established relationships and became resource for growing number of Committees that claim Payments jurisdiction: Financial Services, Small Business, Homeland Security, Energy & Commerce, and Judiciary
- Became an incubator for key industry platforms related to economic development, cybersecurity, a U.S. payments advisory council, and an international payments conference. This is illustrated through the ATPC Incubator Universe graphic
- Inspired the creation of FinTech Atlanta in partnership with the Metro Atlanta Chamber and Technology Association of Georgia
- Organized an ongoing cybersecurity platform, Transaction Alley Cyber Forum, bringing together public and private sector issue experts
- Started PeachPay – a payments advisory council that regularly meets under the direction of the Federal Reserve Bank of Atlanta
- Organized the P20 Conference to bridge a relationship between the U.S. and the U.K. focused on payments and financial services. The conference began in 2017 and rotates between London and Atlanta every year