Electronic Transactions Power Growth and Opportunity
For businesses, consumers, and the U.S. economy.
Electronic Transactions Fuel Growth Across Every Part of the Economy
Electronic transactions don’t just support how we live, work and shop — they move America’s economy forward
in transactions move through the U.S. electronic payments system each year
added to the U.S. economy through e-commerce
saved by businesses since 2006 by accepting electronic payments instead of cash
Payments that just work. Because an entire industry makes them happen.
Every second, millions of payments happen without a hitch. That’s no accident. Behind every transaction is a complex coordinated system — built over decades to be fast, secure and seamless. From tapping a card to paying a bill online or sending money through an app, every payment runs on a network of technology providers, processors, and platforms working behind the scenes
Electronic Transactions Support Small Business Success
Digital payments give small businesses the tools to grow, compete and thrive. They help owners reach more customers, run more efficiently and sell the way people want — online, in person, or on the go.
9 out of 10 Small Business Owners
say selling online helps them compete with larger retailers.
I couldn’t run my business without digital payments…that’s what is driving our ability to receive payments fast, quickly as well as safely. And I think that’s so important if we want to say that we’re supporting small businesses will help us make money faster, and that’s what digital payments allows us to do.
Rahama Wright
Founder and CEO of Shea Yeleen
Cash Only
Slower Lines
Higher Theft Risk
Counting &
Deposit Fees
Single Payment Method
Hard to Expand
DigitalPayments
Faster Checkouts
Reduced
Theft Risk
Minimal Overhead
Multiple Payment Options
Easy to Grow
Electronic transactions help small businesses do more.
Electronic Transactions Come with Built-in Benefits for Consumers
From buying groceries to sending money to family, Americans rely on digital payments every day. They get more than an easy way to pay – they get benefits like no-fault fraud protection, rewards, flexibility and cash back.
REWARDS
Cash back and rewards programs offer real value, encouraging consumers to spend and boosting business revenue.
CHOICE
Consumers can pay how, when and where they want — online, in-store or person-to-person.
FRAUD PROTECTION
Built-in security like advanced encryption and no-fault fraud protection keeps their money and data safe.
Over 50% of Americans Use Mobile Payments
at least once a week. These apps provide a lightning-fast way to transfer money between friends and family.
Want to stay in the loop?
Advancing a smarter, safer payment system
The Electronic Transactions Association (ETA) represents the companies behind America’s digital payments system. From payments networks and processors to mobile platforms and hardware providers, our members are building the future of commerce seamlessly and securely.