Electronic Payment and Services (EPS) has become the first Indian organization to join the ATM Industry Association (ATMIA) as a board level member. This membership further strengthens EPS’s commitment as stakeholder, in encouraging the ATM penetration in the country to fulfil the Digital India vision. Founded in 2011, EPS specializes in the retail banking & technology domain and is highly adept at end-to-end Automated Teller Machine (ATM) Operations & Outsourcing Services, ATM Managed Services, Transaction Processing Services and Card Management Services, thereby enabling banks to concentrate on core banking functions.
Recently, EPS successfully deployed over 4200 ATMs in urban and rural locations, in union with the Ministry of Finance (Govt. of India) led mission for Financial Inclusion and Pradhan Mantri Jan Dhan Yojana (PMJDY) Scheme in India between 2012 – 2014.
Richard Canday, Associate Vice President – Corporate Affairs at EPS, asserted on the membership, “Our ATMIA membership helps us gain access to the global ATM and Payments industry giving birth to cross-border business opportunities, as well as insights into new technology, market intelligence, industry trends and best practices. EPS looks forward to working closely with ATMIA in supporting the growth of the ATM sector in India and aiding the national government on ATM deployment policies, with our expertise based on practical experience and facts.”
As an independent, non-profit trade association ATMIA is engaged in non-competitive promotion of the ATM industry with its mission to promote ATM convenience, growth and usage worldwide, to protect the ATM industry’s assets, interests, good name and public trust and to provide education, best practices, political voice and networking opportunities for member organizations.
ATMIA offers its members, amongst other services, access to a library of industry best practices, free educational webinars, discounted certified online international industry training and to a new Market Intelligence Library.
Pat Cunningham, Executive Director for ATMIA Africa, India and Middle East Region elaborated, “The decision by EPS to become Board level members of ATMIA for the India region is a clear indication of the need for the emerging payments industry in India to be associated with a global organization of more than 5000 members and with worldwide expertise not found in regional bodies. ATMIA looks forward to working in close co-operation with EPS to developing the membership base in India for the benefit of not only individual member organisations but for the industry in general.”