Global Cash Access Signs Processing Deal With TSYS

LAS VEGAS (AP) — Global Cash Access Inc., which provides gaming industry customers with access to cash via credit card advances and Western Union transfers, said Monday it has agreed to a processing services agreement with TSYS Acquiring Solutions.

Global Cash Access will use TSYS' processing services to connect with card associations and electronic funds transfer networks to complete ATM cash withdrawals, credit card cash advances and point-of-sale debit card transactions for Global Cash Access' casino customers.

TSYS, a unit of Total System Services Inc., will provide processing services for the majority of GCA's operations.

Global Cash Access shares closed down 13 cents at $7.92. Total System shares closed up a penny at $15.37.