While Georgia’s burgeoning film industry gets a lot of attention, few people know that the state is the nation’s hub for the less visible but far more lucrative electronic payments processing industry.
Seventy percent of the country’s credit, debit and gift card transactions are run through Georgia, said Robert Green, a lawyer at Hunton & Williams who does regulatory and lobbying work for payments companies. That added up to 52 billion card swipes last year, totaling $4.4 trillion.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
