The Atlanta merchant processor Global Payments Inc. has acquired from Comerica Inc. the 49% stake in Cash and Win that it did not already own.
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Cash and Win provides credit and debit card cash advances to gamblers. Global Payments acquired the initial 51% stake in its 2001 purchase of Imperial Bank's merchant portfolio.
Global Payments said last week that Cash and Win will become part of the gaming industry product group, which also offers a player check guarantee, an electronic check-cashing service, and a player tracking and credit reporting service.
