A method for conducting a checkless cash advance settlement is provided,
including the following steps: (1) a customer initiates a Debit or Credit
POS transaction via a gaming machine; (2) the customer receives
authorization or denial; (3) the customer provides his identification and
the credit/debit card to a cashier/attendant at the gaming station; (4)
the cashier or attendant validates the customer's identity, retrieves the
transaction information, and completes the cash advance application; (5)
the application prints a non-negotiable instrument, such as a transaction
receipt; (6) the customer signs the receipt confirming the transaction
with a physical receipt or electronic capture; (7) the receipt image is
stored electronically for subsequent transmittal to a central server; (8)
the transaction information, including the receipt image if applicable,
is recorded on the central server; and (9) the central server generates
an ACH file and electronically transmits the ACH file to the casino's
designated financial institution.