The ATM Industry Association has joined the International Currency Association, according to an ATMIA press release.
“In the light of sustained attacks on the role of cash from the anti-cash lobby, our trade association is very happy to join the ICA to ensure that the voice of cash remains as strong as possible,” ATMIA CEO Mike Lee said in the release. “The two associations can share information, exchange contacts, provide speakers for industry events, conduct joint advocacy where needed and even conduct research together.”
ATMIA and ICA are both international organizations focused on representation and advocacy for members around the world.
ATMIA serves more than 9,000 members from more 650 participating companies in 67 nations. The association’s member roster spans financial institutions, independent ATM deployers, equipment manufacturers, processors and a cross-section of ATM service and value-added solution providers, the release said.
“Cash is already the most socially inclusive payment method, and we are delighted that ATMIA are joining the ICA, as they are pivotal in enabling the distribution of cash across the world, and into local communities,” ICA Chairman Barna Barabas said in the release. “Working together on advocacy and education activities, our joint efforts will only enhance, support and promote currencies worldwide as the most universal and inclusive means of payment.”