Global Cash Access rolls out new terminals

SUNNYVALE, Calif.-- Global Cash Access, the country's largest provider of cash access services to casinos, is preparing a first quarter 1999 roll-out of QuikCash™, a stand-alone credit card cash advance terminal that also offers POS debit to gaming patrons.

Kirk Sanford, executive vice president of Global Cash Access, said patrons can access POS debit themselves through these kiosks, reducing the time cage operators must spend on this task. The new devices also incorporate the "debit on a check" feature in high demand by gaming operators.

A touch screen interface replaces the traditional keypad, resulting in faster transaction time. A new client-server platform is faster and more reliable than the former mainframe system. Manufactured by Hypercom Corporation, the terminals are Y2K compliant, offer customizable screen messages and are smart-card ready.

In advance of the national roll-out to all GCA customer properties, Bally's Atlantic City and the Claridge Casino Hotel in Atlantic City have installed and are using the new terminals. "We are prepared to launch the product at more than 1,000 other properties," Sanford said.

Global Cash Access was formed in mid-1998 through a joint venture of Bank of America, First Data Corporation and USA Processing, Inc. The company provides a full range of electronic funds transfer and other services to more than 1,200 gaming properties nationwide.