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The essential role of cash in the economy has once again been brought to the forefront. A major power outage last month, in Brisbane following a turbine fire at the Callide Power Station resulted in hundreds of thousands of homes and businesses losing power. The importance of cash as a safe and reliable payment method was shown in plain sight as businesses that were cashless were unable to continue trading unless they accepted cash.
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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.
- Message from the Kuala Lumpur event.
-What's on offer to ATMIA members
The minutes from the Strategic Direction conference forum is now available for members only.
Speaking submission to present at the Sydney event being held on 29th to 30th July is now open.
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