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        <ExplanationTxt>THE ORGANIZATION HAS A SINGLE CLASS OF MEMBERS. MEMBERS OF THE ORGANIZATION ARE CORPORATE ENTITIES PERFORMING PAYMENT PROCESSING SERVICES OR SERVING AS MONEY TRANSMITTERS WITHIN THE INDUSTRY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>A MAJORITY VOTE OF THE MEMBERS PRESENT AT THE MEETING OF THE MEMBERS IS NECESSARY TO ELECT EACH OFFICER AND DIRECTOR OF THE ORGANIZATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>APPROVAL OF SPENDING RESERVE FUNDS REQUIRES A 2/3 VOTE OF THE MEMBERS IN ATTENDANCE AT THE MEEETING OF THE MEMBERS. APPROVAL OF ENGAGEMENT ON POLICY PROPOSALS, DEVELOPMENT OF POSITIONS, OR RETENTION OF A CONTRACT LOBBYIST OR OTHER ADVOCACY PROFESSIONAL, REQUIRES A 3/4 VOTE OF THE MEMBERS IN ATTENDANCE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 8B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT DOCUMENT THE MEETINGS OF COMMITTEES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S FORM 990 IS PREPARED BY A NATOINALLY RECOGNIZED ACCOUNTING FIRM. IT IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A COMPLETE COPY IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY FOR THEIR REVIEW PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS OR DIRECTORS. CONFLICTS ARE DETERMINED AND REVIEWED BY THE BOARD OF DIRECTORS, THE INTERESTED PERSON MUST NOT BE PRESENT NOR VOTE ON THE PROPOSED TRANSACTION OR ARRANGEMENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>