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Global will provide services to the following U.S. casinos: Downstream
Casino Resort in Quawpaq,
"These new relationships enable Global Payments to continue expanding
acceptance of our LightSpeed products throughout
These gaming establishments have signed contracts to offer a number of Global's innovative products including PlayerCash @dvantage(R) credit and debit card cash advance services, VIP Preferred(R) check-cashing services, and ATM Cash @dvantage(R).
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
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 Global Payments Inc. 770-829-8245 phyllis.mcneill@globalpay.com
SOURCE Global Payments Inc.