ATMIA Times July 2007

ATMIA Africa Announces New 2007 Membership Rates

Brian McLean, Executive Director of ATMIA Africa, has announced reduced member rates for ATMIA Africa members with immediate effect. These new rates form part of ATMIA’s currency compensation policy and willl lead to savings ranging from $125 to $850 for ATMIA Africa members depending on the level of membership chosen.

ATMIA recognises that countries whose currencies are weak relative to the US dollar, particularly those in emerging markets, will find the global fees less affordable.

2007 ATMIA Africa Member Rates

Type of Membership	Global Fee	Discounted Fee	Saving	SA Rand Cost
Start-up	US$ 350	US$ 225	$125	R 1,575
Small Business	US$ 475	US$ 300	$175	R 2,100
Entry Level	US$ 785	US$ 500	$285	R 3,500
Board Member	US$2,350	US$1,500	$850	R10,500
Regional Sponsorships	Negotiable
Additional option:
Level 3 Advantage*	US$1,650	US$1,000	$650	R 7,000

*(This option gives provides companies with 3 years of Entry Level membership at a heavily discounted rate. It needs to be paid in advance).

“As ATM markets tend to be much smaller in the developing world, the companies themselves are smaller, or are local agents or distributors for the multi-nationals,” explained Brian.”They therefore don't have the infrastructure or ready access to finance that is common-place in Europe, USA, etc. We are a capital intensive business, after all. These new rates make the offering attractively more affordable for such companies in these markets.”

Enquiries to Brian at brian@atmia.com.