The Merchant Advisory Group (MAG) was founded in 2008 by a small visionary group of merchants in the payments field dedicated to driving positive change and innovation in the payments industry through multi-stakeholder collaboration, education, and advocacy. The MAG represents 150 of the largest U.S. merchants which account for over $4.8 Trillion in annual sales at over 580,000 locations across the U.S. and online. Roughly $3.5 Trillion of those sales and over 100 Billion card payments are electronic which represents approximately 62%* of total U.S. card volume. MAG members employ over 14 million associates. *Source of Total U.S. card volumes: Federal Reserve Payments Study 2019 Mission: Driving positive change and innovation in the payments industry that serve the merchants’ interests through collaboration, education and advocacy. Vision: An improved and equitable payments ecosystem. The MAG is a key participant in industry events and ensures that the merchant voice is a part of the critical and timely dialogue surrounding evolving payments and related matters. *The MAG actively engages with other prominent merchant trade associations in order to enhance and leverage the merchants’ voice in payments issues. * The MAG regularly attends most of the largest payments industry and network-hosted events and often is the sole representative of the merchant voice. * The MAG participates in a variety of meetings sponsored by regional Federal Reserve Banks, and is a member of the Fed’s Mobile Payments Industry Workgroup.
View Top Employees from Merchant Advisory GroupWebsite | http://www.merchantadvisorygroup.org/ |
Employees | 43 (37 on RocketReach) |
Founded | 2008 |
Address | 4248 Park Glen Rd, Minneapolis, Minnesota 55416, US |
Phone | (952) 928-4648 |
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Industry | Non-profit Organizations, Finance General, Non Profit, Finance, Payments, Financial Services |
Web Rank | 9 Million |
Keywords | Visa Vts Specifications, Merchant Advisory Group, Payments Forum Chicago, An 1712 —Revised Standards—Mpos Signature And Receipt Requirement Update, David Ades Columbia |
Competitors | Intercope, OMT - Online Money Transfer, PIASC - 13 State Graphic Communications Association, Recycler Publishing & Events Ltd, Start Up Loans Company |
SIC | SIC Code 86 Companies, SIC Code 861 Companies |
NAICS | NAICS Code 813 Companies, NAICS Code 81 Companies, NAICS Code 81391 Companies, NAICS Code 813910 Companies, NAICS Code 8139 Companies |
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37 people are employed at Merchant Advisory Group.
Merchant Advisory Group is based in Minneapolis, Minnesota.
The NAICS codes for Merchant Advisory Group are [813, 81, 81391, 813910, 8139].
The SIC codes for Merchant Advisory Group are [86, 861].