October 29, 2013
The ATM Industry Association recently announced that it has formed an agreement with the National Payments Corp. of India, designating the company as regional sponsor of the newly established ATMIA India chapter.
In its sponsorship role, NPCI will promote ATMIA interests in the sub-continent, which ranks as one of the world's most promising developing economies and fastest-growing ATM markets.
"Our goal for India will be to develop new memberships of at least 50 organizations by December 2014," said Pat Cunningham, ATMIA executive director for Africa, India and the Middle East. "When this is achieved then it will be feasible for India to have its own executive director and be a region in its own right within ATMIA.
"This is an exciting challenge for both ATMIA and NPCI and we are looking forward to developing a strong and long standing relationship with NPCI and the ATM industry in India."
ATMIA CEO Mike Lee said that the establishment of the partnership with NCPI and the prospect of the first-ever ATMIA conference in India this December represented significant milestones for the organization's India chapter.
"Our association is well-positioned to play an important role — for example in the field of security best practice and ATM operator online training — in this country's progress towards its ambitious goal of 700,000 ATMs by 2020."
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The ATM Industry Association, founded in 1997, is a global non-profit trade association with over 10,500 members in 65 countries. The membership base covers the full range of this worldwide industry comprising over 2.2 million installed ATMs.