Global Cash Access Chooses VeriFone Wireless Payment Solutions for Macau Gaming Industry.VeriFone's V(x) 610 and V(x) 670 Systems Ideal Platform for Convenient Consumer Cash Authorization in Asia's Booming Casino Center SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Fifth graph, first sentence of release should read: "...cash advance transaction options," said Omer Sattar... (sted "...cash advance transaction options," said Omer Satter...). The corrected release reads: GLOBAL CASH ACCESS CHOOSES VERIFONE WIRELESS PAYMENT SOLUTIONS FOR MACAU GAMING INDUSTRY VeriFone's V(x) 610 and V(x) 670 Systems Ideal Platform for Convenient Consumer Cash Authorization in Asia's Booming Casino Center VeriFone Holdings, Inc. (NYSE NYSE See: New York Stock Exchange :PAY) announced today that its wireless payment solutions have been selected by Global Cash Access, Inc. (GCA GCA, ground-controlled approach: see instrument-landing system. ), as the portable cash authorization platform it will provide in Macau's booming casinos and other locations worldwide. GCA, a leading provider of cash access products and related services to the gaming industry, has been beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the its portable cash authorization application in Atlantic City Atlantic City, city (1990 pop. 37,986), Atlantic co., SE N.J., an Atlantic resort and convention center; settled c.1790, inc. 1854. Situated on Absecon Island, a barrier island 10 mi (16. locations using VeriFone's V(x) 610 portable powerhouse with Wi-Fi communications. GCA is completing development of the application for VeriFone's V(x) 670, the industry's smallest all-in-one payment solution. "GCA's cash authorization application reflects yet another innovative and creative use of VeriFone's payment solutions to change the way people pay in a wide range of activities that have traditionally been resistant to electronic transactions," said William G. Atkinson, VeriFone executive vice president, Payment Systems. "We're very enthusiastic about the impact that GCA's use of wireless payment authorization will have on the gaming industry." GCA recently announced its entrance into the Macau and Asia Pacific region with a commitment to deliver new technologies and products that result in more transactions, more cash on the casino floor and increased convenience for gaming patrons. Macau is often referred to as the Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. of Asia, with an economy focused on tourism and gaming and related activities accounting for about one-third of economic activity. "VeriFone's wireless systems will be a vital component of our consumer-facing QuikCash debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and credit card cash advance transaction options," said Omer Sattar, GCA senior vice president, Cash Advance Services. "The V(x) 610 has performed admirably in rigorous real-world testing in Atlantic City locations and we're anxious to adapt it to the V(x) 670 so we can provide our casino customers more advanced and convenient payment authorization operations." The V(x) 670 is the smallest all-in-one wireless handheld payment device designed for consumer-facing payment use in places such as restaurants, bars and stadiums, as well as delivery operations. The V(x) 610 is a robust portable payment system that is available for use with Wi-Fi, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. , and GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. . Additional Resources: http://www.verifone.com/products/devices/portable/index.html About Global Cash Access, Inc. Las Vegas-based Global Cash Access, Inc., a wholly-owned subsidiary of Global Cash Access Holdings, Inc. (NYSE: GCA - News), directly, or through its wholly-owned subsidiaries, is a leading provider of cash access products and related services to approximately 1,060 gaming properties and other clients in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. , the United Kingdom, Canada and the Caribbean. GCA's products and services provide gaming establishment patrons access to cash through a variety of methods, including ATM cash withdrawals, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale debit card transactions, credit card cash advances, check verification and warranty services and Western Union money transfers. GCA provides products and services that improve credit decision-making, automate cashier operations and enhance patron marketing activities for gaming establishments. With its proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide, GCA is recognized for successfully developing and deploying technological innovations that increase client profitability, operational efficiency and customer loyalty. More information is available at GCA's web site at www.globalcashaccess.com. About VeriFone Holdings, Inc. (www.verifone.com) VeriFone Holdings, Inc. ("VeriFone") (NYSE:PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion