“Cash is one of the most successful human technologies of all time,” states Mike Lee, CEO of ATMIA. “And today it represents 84% of all global transactions. We wanted to convey cash’s important role.”
The idea for the video was conceived by ATMIA’s ATM Cash Council whose mission is to portray the truth about cash by tracking global cash demand, circulation and usage today, whilst protecting the freedom of the world’s citizens to choose to use cash if they so wish.
“Unfortunately, some of the global card schemes, in particular, Visa, have aggressively declared war on cash in order to increase the sale of their plastic cards,” Lee explained, “whereas we believe in the peaceful co-existence of cash, cards and other payments such as online and mobile transactions. We are calling for an end to this war in payments. Let’s get human about this issue.”