Atlanta is a top payment processing market.

Georgia is 3rd in the nation, just behind New York and California in FinTech revenue. Georgia FinTech companies have produced more than $83 billion of shareholder value since 1995 and revenues are more than $34 billion annually.

Wages in Atlanta’s financial and IT industry are lower than competitive markets. Here, there is a convergence of three key sectors: finance, IT, and software, all of which have a strong presence in Atlanta, along with an abundant IT, software and financial labor force.

Atlanta’s Payment Processing Sector (Georgia Power 2011)

  • Metro Atlanta’s payment processing employs nearly 40,000 workers
  • More than 250,000 people work in finance-related occupations
  • 80,000+ work in IT-related occupations in metro Atlanta
  • Newly-located Fortune 500 headquarters such as First Data and NCR
  • Wages in Atlanta’s financial and IT industry are lower than competitive markets.
  • Convergence of three key sectors: finance, IT, and software, all of which have a strong presence in Atlanta (Georgia Power 2011).
  • Abundant IT, software and financial labor force and competitive wages compared to competitive markets (Georgia Power)

Georgia’s FinTech Ecosystem (Georgia Power 2011)

  • Trade Payment
  • Electronic Billing & Presentment
  • Retail Banking Solutions
  • Capital Markets
  • Identity/Analytics/Risk
  • Prepaid/Loyalty & Points
  • Gateways/Alternative Payments
  • Card Processing/POS

Top ranked programs supporting FinTech:

  • Goizuetta Business School- Emory University
  • Georgia Tech College of Management
  • Terry College of Business- University of Georgia

Top Payment Processing Employers:

  • ADP, Inc.
  • Fiserv, Inc.
  • LexisNexis RIAG
  • Macy’s Systems & Technology
  • RBS WorldPay
  • First Data Corp.
  • GE Money
  • Elavon
  • Global Payments, Inc.
  • S1 Corp.
  • TSYS | Total Systems Services, Inc.
  • Fidelity National information Svcs.
 

Your Payment Processing Experts

 

David Hartnett

Chief Economic Development Officer
 

David serves as MAC's Chief Economic Development Officer Read More