Cash remains an indispensable part of the payment system.
Cash remains an indispensable part of the payment system.
Dear Amber,
   
Earlier this week a major service outage prevented many small businesses across the country from processing EFTPOS payments. This meant a significant inconvenience for customers and lost transactions for businesses. The message is clear: cash remains an indispensable part of the payment system and only cash can offer a universally accepted, safe, secure, and discrete method of payment.
Members have now received a draft copy of our Industry Position Paper on calling for a ban on Cashless Retail Establishments. The main objective of the paper is to protect the role of cash in the Australian Payment System. We welcome any feedback from our members on this Position Paper no later than 14th July.  Moving forward, ATMIA's next step will be to lobby various groups and Associations to gain their support on a ban on refusing cash at retail outlets.
The next Strategic Direction Committee teleconference is scheduled for August. All details related to SDC will be forwarded to members in the coming weeks. In the interim, if there is a topic you would like to be discussed at this forum, please contact sandra.smith@atmia.com no later than 14th July. 
A reminder that exhibitor stands and sponsorship packages are still available at the Next-Gen ATMs and Payment event being held in Sydney on 9th-10th December. If you would like to showcase your products and services then please contact Reena Kaur, Conference Director, for further details.  
Finally, as we continue to see some nations successfully getting the pandemic under control and some less so, our thoughts are with everyone affected or suffering during these times.
Stay safe and stay strong.
Thanks

Sandra Smith
Executive Director, Asia Pacific 
ATMIA
sandra.smith@atmia.com
C: +61 424 300 660

Member of the Month

Point of Interest

Education


MEDIA RELEASE
AUSTRALIANS SAY CASH IS SAFE, PREFERRED 
AND RELIABLE DURING COVID-19

23 June 2020
Australians have endorsed cash as a safe, preferred, and reliable form of payment during COVID-19, according to new research.
According to the Next Payments Consumer Sentiment Survey of over 1,000 participants on Payment Preferences, an overwhelming majority of Australians of all ages want businesses to accept cash payments – and four out of 10 Australians avoid businesses that do not accept cash payments.
Key findings from the survey of Australians’ sentiments on payment preference are:
• More than 95% of Australians want the freedom of choice to pay for goods and services with cash, and 82% consider it unfair that some businesses do not accept cash.
• 74% of Australians are concerned at hidden fees associated with card payments.
• 63% consider cash payments surcharge-free at point of purchase.
• 40% of Australians avoid businesses that do not accept cash.
Nearly half consider paying with cash to be safer and cleaner than paying with cards.
• 77% consider cash to be the most reliable form of payment.
• More than half of Australians consider it easier to budget with cash.
Next Payments CEO Tim Wildash said that while COVID-19 is disrupting businesses and lifestyles, cash is safe, secure and remains key to economic stability.
“Australians say cash is safe, preferred and by far the most reliable payment method,” said Mr Wildash.
“Our research shows that businesses that reject cash are losing customers. Customers do not want to pay hidden fees on card payments. There are no hidden fees or surcharges at point of purchase with cash. In a difficult trading environment, businesses need to do everything they can to keep and win over more customers. In this instance, business success means accepting and encouraging customers that pay with cash.”
“The Royal Australian Mint, the World Health Organisation, the Reserve Bank of New Zealand and many medical experts conclude there is no connection between cash and the spread of COVID-19. Our research shows that Australians agree,” Mr Wildash said.
Click here for the full survey results.



ATMIA Member Benefit
Featured Reports

Featured Reports


ATMIA recently published premium reports on a wide variety of topics from security to the future of the industry – to provide you with a competitive edge in growing your ATM business in the ever-changing ATM marketplace.

ATM Industry News and Items of Interest.


Have You Seen This Special Offer?  Published Wednesday, June 24, 2020 
Report shows COVID-19 will accelerate Asia’s path to the center of global economy
Published Wednesday, June 24, 2020    The global economic recovery from the COVID-19 pandemic is likely to accelerate an an existing trend which will place Asia firmly at the center of the world economic order, according to a new report by ANZ and Eurasia Group.
Commonwealth Bank of Australia: Business Activity Shows Signs of Growth
Published Wednesday, June 24, 2020   Business activity grows as optimism about economic conditions improves, according to initial results of the latest CBA Purchasing Managers Index.
Mastercard to buy Finicity for open banking push  Published Tuesday, June 23, 2020
Mastercard is accelerating its open banking strategy through the $825 million acquisition of real-time financial data aggregation service Finicity.

Global


Attackers steal online shoppers’ payment details using popular web analytics service
Published Wednesday, June 24, 2020 
TRSYS AND AURIGA TOGETHER IN A STRATEGIC PARTNERSHIP   Published Wednesday, June 24, 
The crisis, our freedom and our money  Published Tuesday, June 23, 2020
Unlimited availability of our money and its ability to be used as a medium of exchange create certainty and lead to personal freedom. But which payment method is proving to be the most robust in any crisis? A reflection on the value of cash in a free...
Join Us Tomorrow For a FREE Webinar!   Published Monday, June 22, 2020 
ATMIA Next Gen ATM Deployer Guide   Published Monday, June 22, 2020 

Visibility

Member to Member Introduction Service

Connecting with ATMIA members is easy with our member to member introduction service.
Sign into your account on the ATMIA website home page. Then go to the Member Directory and search for new contacts by keyword, company type, country or region. Full contact and other pertinent information is displayed for each ATMIA member.
Simply click the Request Introduction button to email a personalized message with your contact information. Recipients will know that ATMIA sanctioned your outreach. Try it Now...

Brand Building Opportunity


Sponsoring ATMIA's Asia Pacific newsletter can help your company build brand awareness, stay top of mind, increase customer loyalty and drive new sales.  

Member Rate = $1000 for 1 Issue, or $1500 for 2 Issues- 

Sponsorship includes:
  • Logo and website link in newsletter top box, right column
  • 500-word company backgrounder article with two photos placed in media library on ATMIA website for two years with distribution to global and regional members
  • Banner Ad and website link 
  • Ad supplied by sponsor and sized to 420 x 200 pixels
Email sandra.smith@atmia.com for more information.

A Terrific Resource 


Is ATMIA's Executive Director, Sandra Smith, for the Asia Pacific region. Feel free to reach Sandra by email at sandra.smith@atmia.com or telephone +61 424 300 660 anytime. 
Asia Pacific Board Members
Asia Pacific Regional Sponsors
Global Sponsors
ASIA PACIFIC GLOBAL BOARD MEMBERS
Glory Global SolutionsGunneboLoomis ABPole Premium S.A.S.IBMCitibankTransaction Network Services (TNS Inc)EuroTechzam S.A.Axis Communications ABG4S CashGuangzhou GSM Banking Co Limited
powered by emma