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How Cashless Is Transforming Payments In The Gaming Industry

by Global Payments Gaming Team / June 26, 2020

The American Gaming Association recently released its principles to modernize payments inside casinos, supporting the idea that a shift from a largely cash-based environment to digital is in the best interest of the house, guests, security and law enforcement.

For years, the gaming industry has explored the idea of modernizing its payments environment and following the example of so many other industries by incorporating cashless alongside traditional payment methods. The sudden impact of the COVID-19 pandemic has brought this need to the forefront as casinos are now reopening under social distance guidance and catering to contactless gaming preferences from guests.

Global Payments Gaming Solutions leads the way in facilitating cashless gaming environments. While others in the industry may speak conceptually about cashless, Global Payments Gaming Solutions’ VIP Mobility is a cashless solution that is already in use on the casino floor – and one that carries the benefit of Global Payments’ more than 50 years of experience in securely managing 50 billion transactions annually for more than 3.5 million businesses worldwide.

We understand that the key to successfully incorporating cashless is in providing guests with a truly seamless experience from funding through cash-out. With VIP Mobility, casino guests create digital TITO tickets on their mobile devices by scanning an existing voucher or via their VIP Preferred e-check accounts. They can then easily pair their mobile device to any slot or table game by simply scanning a QR code and can just as easily reload from their phone and retrieve their funds once playing is complete.

Because play is never interrupted to get cash, casinos can better ensure an enjoyable player experience on their floors. For casino operators, VIP Mobility provides a more cost-effective, secure payment method that operates within the casino’s existing technology infrastructure, and an immediate path to cashless implementation.

Click here to learn more about our Cashless Gaming solutions.

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