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Sandra Smith, Executive Director Asia Pacific
E: [email protected]
T: +61 4 24 300 660
What to expect in June 2022
This strong recovery is evidence that despite the claims of some that the lockdowns and pandemic have pushed us toward a cashless society, there is still strong demand for cash. More than ever, people are turning to cash for its anonymity, reliability, and ease of use. As the recovery continues it is essential that we continue to promote the importance of cash as a payment option and push back against attempts to limit payment choices.
ATMIA continues its support with the Cash Welcome Group on promoting a petition to the Australian Government calling for theGovernment to secure the right for Australians to choose cash as a payment method. With over 80,000 Aussies signed the petition to stand up for our right to choose cash. For more details click here.
A gentle reminder Our Call for Speakers to both events is now open for submissions. We encourage global experts to come and discuss a path forward for the future of the industry. Sessions are allotted 30-40 minutes if time and can be in the form of a sole presenter, joint presentation, or panel discussion. For more information on either event please contact [email protected]
Updates Next Generation Banknotes in 2022
Updates Next Generation Banknotes in 2020 / 2021
Updates Next Generation Banknotes in 2019
Important dates: The Reserve Bank of Australia: Next Generation Banknotes
Asia Pacific Industry Position Paper: Calling for a mandate on cash transaction below $10,000- (effective July 2020)
Some retailers have gone cashless, which denies members of the public the freedom to choose how they wish to pay for goods and services. Cash, as public money, is guaranteed as legal tender and yet cannot be used at these cashless retail outlets. In addition to being public money, cash is a back-up when systems fail or malfunction. With the recent introduction of a $10,000
limit on cash transactions in Australia, it is essential to secure the role of cash as a payment option for transactions below this amount. The ATM Industry Association proposes a mandate for cash as a payment option for in-person transactions below $10,000. To read the full paper click here.
ATMIA in conjunction with Cash Welcome continues our fight against a cashless society to ensure cash remains part of the Australian payment system.
Following months of building a board base support for the cash mandate, to protect the option to use cash at retail establishments, a petition is now open to members of the public to sign. This represents a new phase in the campaign to have cash-secured as a payment option for all citizens. ATMIA will continue to advocate strongly for a cash payment option in order to guarantee long-term security, stability and accessibility of the Australian payment system to all.
To sign the Cash Welcome.org petition click here
ATMIA will continue to reach out to numerous associations and organisations outside the ATM Industry to gain their support for a ban on cashless retail outlets, in order to keep payment choice alive.
Online library of resources for ATMIA members on current issues and trends in the global marketplaces of our industry.
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