ATLANTA, Jan. 13, 2011 /PRNewswire/ -- Global Payments Inc. (NYSE: GPN), a leader in both payment processing and gaming cash access services, today announced an agreement with Caesars Entertainment Corporation to provide select Caesars' resorts with Global Payments' PlayerCash @dvantage credit and debit card cash advance service, through Global's VIP LightSpeed® platform.
Global Payments continues to enhance its position in the cash access services market with the announcement of this new relationship. "We are very excited to work with Caesars Entertainment and deliver our leading technology and cash access services to 19 gaming resorts," 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, and credit and debit card cash advances. In addition, VIP LightSpeed provides high speed transaction processing, reduction of risk associated with check-cashing and cash advance services, and a full spectrum of casino management reporting tools.
Global Payments Inc. (NYSE: GPN) is a leading provider of electronic transaction processing services for merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, Europe, and the Asia-Pacific region. Global Payments, a Fortune 1000 company, offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. Visit www.globalpaymentsinc.com for more information about the company and its services.
SOURCE Global Payments Inc.
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