ATLANTA, Sept. 30 /PRNewswire-FirstCall/ -- Global Payments Inc. (NYSE:
GPN), a leader in both payment processing and gaming cash access services
today announced agreements to provide its VIP LightSpeed(R) suite of cash
access products and services to nine additional U.S. casinos.
(Logo:
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)
Global Payments will provide services to Casino Queen in East St. Louis,
Illinois; San Pablo Casino in San Pablo, California; as well as seven
locations for Oneida Casino in Green Bay, Wisconsin.
These gaming establishments have signed contracts to offer a number of
Global Payments' innovative products including PlayerCash @dvantage(R) credit
and debit card cash advance services, VIP Preferred(R) check-cashing services,
and ATM Cash @dvantage(R), which allows patrons to initiate electronic check
transactions at ATMs without casino cage assistance.
"We look forward to developing these new relationships as we expand our
cash access services business. Our innovative products continue to provide
performance and service levels that ensure optimal speed of transaction, ease
of use, and convenience, while significantly building satisfaction and
customer loyalty across the United States," said Senior Vice President of
Global Payments Gaming Services, Dean DeCristoforo.
VIP LightSpeed is an Internet-accessible, PC-based platform that provides
cash access services for traditional and electronic check cashing, ATM check
cashing, credit and debit card cash advances and credit reports. In addition,
VIP LightSpeed provides high-speed processing of cash access transactions,
reduction of risk associated with check-cashing and cash advance services, and
a full spectrum of management and legal compliance reporting tools.
Global Payments Inc. (NYSE: GPN) is a leading provider of electronic
transaction processing services for consumers, merchants, Independent Sales
Organizations (ISOs), financial institutions, government agencies, gaming
establishments, and multi-national corporations located throughout the United
States, Canada, Latin America, Europe, the United Kingdom, and the
Asia-Pacific region. Global Payments offers a comprehensive line of
processing solutions for credit and debit cards, business-to-business
purchasing cards, gift cards, electronic check conversion and check guarantee,
verification and recovery including electronic check services, as well as
terminal management. The company also provides consumer money transfer
services from the U.S. and Europe to destinations in Latin America, Morocco,
and the Philippines. For more information about the company and its services,
visit
www.globalpaymentsinc.com
.
This announcement may contain forward-looking statements pursuant to the
"safe-harbor" provisions of the Private Securities Litigation Reform Act of
1995. These forward looking statements involve risks and uncertainties such
as product demand, market and customer acceptance, the effect of economic
conditions, competition, pricing, development difficulties, foreign currency
risks, costs of capital, continued certification by credit card associations,
the ability to consummate and integrate acquisitions, and other risks detailed
in the Company's SEC filings, including the most recently filed Form 10-Q or
Form 10K, as applicable. The Company undertakes no obligation to revise any
of these statements to reflect future circumstances or the occurrence of
unanticipated events.
Contact: Phyllis McNeill
SOURCE Global Payments Inc.
CONTACT: Phyllis McNeill of Global Payments Inc., +1-770-829-8245,
phyllis.mcneill@globalpay.com
