
Case Study: Palace Casino
The globalVCard Network helps Palace Casino move vendors away from checks
Overview
The globalVCard Network, CSI’s proprietary payment network, provides customers with the ability to convert more of their paper-loving suppliers to electronic payment. For vendors that are unwilling to accept credit card payments, the globalVCard Network is a compelling, lower cost option with guaranteed funds that settle similar to ACH but with full accounting details behind every transaction.
Success Stories
Working in partnership with CSI’s globalVCard team, the company has begun presenting the Network option to the remaining 33% of vendors still receiving check payments, in an effort to convert more vendors to the electronic program. Just two months after introducing the Network option, Palace Casino’s electronic spend has grown $500,000 and is expected to continue growing.
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“For our suppliers that have been resistant to card payments, they’re more amenable to the Network. It’s a lower fee and settles much like ACH.”