ATLANTA, June 11 GA-GlobalPaymentsInc
ATLANTA, June 11 /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 South Point Hotel, Casino & Spa in Las
Vegas, Nevada; as well as California gaming establishments Chumash Casino
Resort in Santa Ynez, Table Mountain Casino in Friant and Hawaiian Gardens
Casino in Hawaiian Gardens, California.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )
These casinos have signed contracts to broaden their scope of services and
to offer Global Payments' suite of products including VIP Preferred(R)
check-cashing services, PlayerCash @dvantage(R) credit and debit card cash
advance services, and ATM Cash @dvantage(R) services.
Global Payments continues to show substantial gains in market share in the
cash access services business with the announcement of these new
relationships. "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," said Senior
Vice President of Global Payments Gaming Services, Dean DeCristoforo. "We
look forward to partnering with these gaming establishments to provide our VIP
LightSpeed software suite of services."
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 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
770-829-8245
phyllis.mcneill@globalpay.com
SOURCE Global Payments Inc.
