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ATMIA CEO sees cash remaining critical as financial institutions embrace digital

Payments Dive

ATMIA CEO Mike Lee sits down at ATMIA Europe in Rome for a conversation about the war on cash and the future of mobile banking, bitcoin and ATMs.

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Lithuania’s Lasting Love Of Cash

PYMNTS

Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, agreed. Cash usage in Lithuania can be characterized by the following ratio, according to Karpavičius: “For every euro spent via debit or credit cards at the POS, we have more than €2 being taken out from the ATM.”. What’s To Come For Cash?