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Arriva Card arrives at a milestone
February 1, 2007
LAS VEGAS - Less than six months after initial introduction, holders of the Arriva Card, the first credit card designed for use in casinos, have completed more than $15 million in cash-advance transactions at more than 800 casinos whose ATM, cash-advance and check-cashing services are provided by Global Cash Access, parent of Arriva Card Inc.
To date, the average in-casino cash advance done on an Arriva Card is significantly larger than those done on all other credit cards. More specifically, Arriva Card cash advance transactions at casino ATMs are 115 percent larger, and signature-based cash advance transactions are 72 percent larger, than these kinds of transactions with other cards.
Further, even though the Arriva Card is in the early stages of marketing, casinos have seen significant percentages - in some cases more than 16 percent - of cash-advance transactions coming from Arriva Cards.
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