Eligibility Requirements

Potential board members must first meet the eligibility requirements for either merchant or non-merchant membership and be in good standing in the industry.

• Merchant Board members serve a three year term.
  • Elected to a three year term by a majority vote of the merchant board.
  • May serve up to three consecutive three year terms (9 years total).
  • At least 12 months must elapse before they are considered eligible for re-election.
  • Voting done at annual forum to fill open board positions.
• Elected to a three year term by a majority vote of the merchant board.
• May serve up to three consecutive three year terms (9 years total).
• At least 12 months must elapse before they are considered eligible for re-election.
• Voting done at annual forum to fill open board positions.
• Provide at least eight (8) hours/month towards PaymentsEd activities and projects.
• Given the time and travel obligations, merchant board members should obtain the support of their management.
• Merchant board members must sign a Mutual Non-Disclosure Agreement regarding the care of confidential PaymentsEd information.

Advisor Board Members receive a full range of additional benefits listed here. Advisors applications are reviewed and appointed by the PaymentsEd Forum Merchant Board.