MCAM Renews Contract
PENNSYLVANIA – Today MoneyCenters of America (OTC Bulletin Board: MCAM), a provider of cash access,transaction management systems, and financial networks for the gamingindustry, announced it has renewed a multi-year contract with one of itsexisting Native American casinos by providing the casino with the option toconvert to the ONSwitch(TM) Transaction Management System at any timeduring the contract renewal term. ONSwitch(TM) empowers casino operators toseize control of the customer experience while driving increasedprofitability by insourcing the processing of cash access services andmerchant card processing.
"The economics are too compelling for gaming operators not to embraceONSwitch(TM) and consider eliminating third-party vendors by internalizingcash access operations in order to generate additional revenue and profits,especially when these operations are virtually identical to a gamingoperator's core competencies," said Chris Wolfington, Chairman and CEO ofMoney Centers of America. "Our renewal demonstrates the value gamingoperators place on working with innovative companies with acustomer-centric approach to cash access solutions," stated Wolfington.
2006-06-30
