--- a/latest/charters/payments-wg-charter.html	Sat Jul 18 14:48:56 2015 -0500
+++ b/latest/charters/payments-wg-charter.html	Sat Jul 18 14:58:31 2015 -0500
@@ -505,7 +505,7 @@
             </dd>
         </dl>
 
-	<p>In addition, for the Card Payments 1.0 specification, the Working Group will need to collaborate with the owners of existing global card schemes.</p>
+	<p>In addition, for the Card Payments 1.0 specification, the Working Group will need to collaborate with the administrators of existing global card schemes.</p>
 
     </div>
     <div class="participation">