Global Payments Announces Agreements with U.S. Casinos for VIP LightSpeed(R) Cash Access Services

Oct 12, 2009, 09:15 ET from Global Payments Inc.

ATLANTA, Oct. 12 /PRNewswire-FirstCall/ -- Global Payments Inc. (NYSE: GPN), a leader in both payment processing and gaming cash access services, today announced agreements to provide four U.S. casinos with its comprehensive suite of cash access products.

(Logo: )

Global will provide services to FireKeepers Casino in Battle Creek, Michigan; Fortune Bay Resort Casino in Tower, Minnesota; Twin River Casino in Lincoln, Rhode Island and Mohawk Bingo Palace & Casino in Akwesasne, New York.

These casinos have signed contracts to utilize various LightSpeed products including VIP Preferred® check-cashing services, PlayerCash @dvantage® credit and debit card cash advance services, and ATM Cash @dvantage®, which allows gaming patrons to initiate electronic check transactions at the ATM without casino cage assistance.

"We look forward to providing the highest level of service through LightSpeed's technology," said Dean DeCristoforo, Senior Vice President of Global Payments Gaming and Check Services. "Our products continue to provide performance and service levels that ensure optimal speed of transaction, ease of use and convenience, while significantly building customer loyalty and satisfaction through our VIP Preferred card program."

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 and multi-national corporations located throughout the United States, Canada, Latin America, Europe 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

    Contact: Phyllis McNeill

SOURCE Global Payments Inc.