MAG Insights

Announcements from the MAG & Featured Articles

MAG Membership News: A Decade of Growth and Fuel for Much More (MAG Quarterly- Volume Six, Issue Two)

By Kari Hartley, Director of Member & Administrative Services, Merchant Advisory Group

June 7, 2018

New Member ChartJames Cash Penney is famous for having said “Growth is never by mere chance; it is the result of forces working together.” As the MAG reflects on its 10th Anniversary, there’s no doubt that “growth” has been an essential element of the MAG’s success. Much like the forces cited in Penney’s quote, the MAG’s growth stems from its foundational idea of driving positive change through collaboration.

While the MAG has experienced rapid growth in members and sponsors, growth is happening in other significant ways. The MAG’s growing educational offerings have armed merchants with insights to help them address evolving challenges. Even better is education coupled with the wealth of opinions and strategies shared among MAG members. Having a network the quality of MAG you can contact any moment for advice is powerful asset to members and their companies!  We have also seen the expertise and education of MAG’s payment professionals extend to our sponsors, our trade association partners, lawmakers, international merchants and beyond. 

The MAG has become a valued repository of information. From webinars to white papers to best practices and updates on prominent issues affecting merchants, the MAG's resources are a benefit that has improved in value the past 10 years.

Member Growth_MAGMAG has seen the voice of its members grow tremendously.  MAG now has 9 of the top 10 and 19 of the top 20 retailers as members. * (reference NRF Stores Magazine). The MAG represents over 130 of the largest U.S. merchants which account for over $3.3 Trillion in annual sales at over 900,000 locations across the U.S. and online. Roughly $2.6 Trillion of those sales and over 66 Billion card payments are electronic which represents approximately 59%* of total U.S. card volume. MAG members employ over 12 million associates.  *Source of Total U.S. card volumes:  Federal Reserve Payments Study 2016

MAG members often share reasons why they joined and have remained long-time MAG members.  Networking with peers, having a resource to stay on top of payments issues and most importantly, influencing positive change in the industry.  We’d love to hear from you why YOU joined the MAG.  If you are just learning about the MAG and have a desire to learn more about membership or getting more involved, contact me to learn how you can enjoy all these benefits. papers to best practices and updates on prominent issues affecting merchants, the MAG’s resources are a benefit that has improved in value the past 10 years.

We look forward to celebrating our 10th anniversary at the Annual Conference September 12-14, 2018 in Denver Colorado.  We hope you can join us!