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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.
External link for Merchant Advisory Group
4248 Park Glen Rd
Minneapolis, Minnesota 55416, US
Register for MAG Payments Conference 24 today! https://lnkd.in/gidqNV4n
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The Merchant Advisory Group is excited to announce that MAG CEO John Drechny, has been re-elected to the 2024-2025 U.S. Faster Payments Council Board Advisory Group! We would like to extend our congratulations to everyone elected to be apart of this robust group of leaders. Read the full announcement below!
The U.S. Faster Payments Council is thrilled to announce the members of the 2024-2025 FPC Board Advisory Group! This dynamic group of leaders will provide the FPC with unique perspectives to help us achieve and further amplify our vision of ubiquitous and secure faster payments in the United States. Read the full announcement: https://lnkd.in/gUCiMT5K #FPC2024 #FasterPaymentsCouncil #FasterPayments #InstantPayments #RealTimePayments
Check out our latest #MAGInsights article by Meg Thaxton where you will learn about the MAG's various sponsorship options. Gain insights into the benefits of each type of sponsorship and how you can show off your brand at our upcoming #MAGPayments Conference! Click 👇 to learn more: https://lnkd.in/gUYFQPDH #AdvancingPaymentsTogether #KnowYourPayments #Sponsorship
🌟 The countdown is on—just under two months until the #MAGPaymentsConference in Orlando, FL! Join us for the MAG Tech Forum, a premier event crafted just for payments IT professionals. We’ll explore the hottest topics in payments technology like tokenization, AI, payments orchestration, data sharing, and so much more! These tech-focused sessions are designed to spark collaboration, deliver cutting-edge insights, and forge powerful connections among merchants, payments IT and business teams, and technology-focused sponsors. Get ready for an experience you won’t want to miss! Register now using the link 👇: https://lnkd.in/gidqNV4n #AdvancingPaymentsTogether #KnowYourPayments #OrlandoFL #MAGTechForum
Registration is closing this Friday, 2 August, for the MAG Merchant Meet-up 2024 in Singapore! Join us at the Visa Innovation Center on 13 August for in-depth conversations on payments hot-topics like social commerce, co-brand issuance, and payments fraud. This exclusive event is your chance to fine-tune your payment strategies and forge connections that drive success in the dynamic payments landscape! We can't wait to see you there! Secure your spot now by clicking the link 👇: https://lnkd.in/gPtSX7KG #AdvancingPaymentsTogether #KnowYourPayments #Singapore
Meet Leah Collins, Senior Director, Education and Design at the MAG. Continue reading below to learn some fun facts about her: 1. How long have you been in the payments industry? 5 years but I still consider myself learning about payments everyday! 2. What do you enjoy most about working at The MAG? The best part of working at the MAG is being part of a collaborative work environment alongside motivated and supportive colleagues. 3. From your insight's discovery, tell us a key strength that most resonates with you: Curious about processes, task-focused, and resourceful. 4. Best book/podcast you've read/listened to: I primarily read memoirs because I appreciate being able to immerse myself in an author's life. 5. Best movie you've seen: Too many to mention but I especially love independent movies. 6. Last TV show you binge watched: It isn't a TV show but I love all things Olympics! Trials, Prelims, and full broadcasts... All of it. Last cycle around I got up at 2AM multiple days to catch some of my favorite sessions because I didn't want to see them in replays. 7. Favorite junk food: Chips and dip 8. If you could have dinner with any celebrity (dead or alive), who would it be? All of my favorite musicians 9. Best advice you've ever received: Surround yourself with people who know more than you do. 10. What you'll most often find in my cup: Coffee 11. Favorite activity outside of work: Spending a summer day at our cabin with my family 12. Where is your hometown and what was your favorite thing to do growing up there? I grew up on a dead-end street in a quaint neighborhood in Minneapolis, MN. My favorite activity as a kid was to play in the creek in the summer. We would leave after breakfast and had to be home when the streetlights came on at night. Want to learn more about Leah? Read her bio on our website: https://lnkd.in/gnXtUYEB
👇 Check out our latest #MAGInsights article by Paul Tunstall for a recap of our inaugural MAG Payments Summit-London24. https://lnkd.in/g2XJB57u #AdvancingPaymentsTogether #KnowYourPayments
At the 2024 MAG Staff Strategic Planning in Minneapolis, MN, our team was thrilled to volunteer in partnership with Hands on Twin Cities. The MAG staff put together 90 gift boxes to be donated to Granny's Closet. As a company, one of our MAG values is community connection. We strive to build connections that foster relationships and create quality engagements and a safe environment. Thank you, HandsOn Twin Cities and Slow Road Photo for partnering with us in these efforts. #AdvancingPaymentsTogether #KnowYourPayments #Volunteer #CommunityConnection
Check out our latest #MAGInsights article by Lisa C. and learn about the MAG's latest microlearning course, "Brand Release Essentials". This course is now available to MAG Merchant Members. Click 👇 to learn how you can get started: https://lnkd.in/grt6Cc_z #AdvancingPaymentsTogether #KnowYourPayments
The Merchant Advisory Group is growing! Please join us in welcoming: 🌟Leslie Crisp, Director of Public Affairs We're so excited to have her join our team! #KnowYourPayments #AdvancingPaymentsTogether