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| Press Release | Source: Payment Data Systems, Inc. |
United Way of San Antonio and Bexar County to Realize
Benefits of On-line Giving
SAN ANTONIO, April 13 /PRNewswire-FirstCall/ -- Payment Data Systems, Inc. (OTC
Bulletin Board: PYDS - News) announced today it has delivered the capability for
United Way of San Antonio and Bexar County to enhance charitable giving from
individuals through on-line credit card merchant services. United Way of San
Antonio's new online donation site is located on the home page of its public Web
site at www.unitedwaysatx.org .
Payment Data Systems President and COO Louis Hoch said, "We anticipate that our
systems would enhance charitable giving from the local community throughout the
year, due to the flexibility and convenience these solutions provide. It appears
based on early results that transaction dollars processed could exceed our
expectations."
Hoch continued, "The community will clearly be the beneficiary of this increased
giving. The services delivered through the United Way-funded agencies work to
enhance the quality of life for thousands of children and families in San
Antonio. We are proud to be a facilitator in raising support for United Way's
very important programs."
Payment Data Systems provides a superior payment processing solution to a range
of companies that process a significant number of payments across multiple
platforms because its technology allows for management within a single
comprehensive storage and retrieval system that provides customers consolidated
tracking and reporting of all payment types regardless of source or channel.
About United Way of San Antonio and Bexar County
Since the first campaign in 1939, United Way has grown into the largest and most
respected, private health and human care service organization in Bexar County.
They fund 120 high-quality programs at 70 agencies. These programs help the
disabled and elderly, provide affordable childcare, strengthen families and
reduce family violence, improve mental and physical health, and invest in
children and youth. For additional information on United Way, visit
www.unitedwaysatx.org or call Leslie Sapadin, (210) 352-7000 or lsapadin@unitedwaysatx.org
.
About Payment Data Systems, Inc.
Payment Data Systems, Inc. is an Integrated Payments Solution Provider that
delivers comprehensive, cost-effective solutions to billers and retailers for
the processing and management of electronic payments via the Internet, point of
sale, or payments taken by Customer Service Representatives or an Interactive
Voice Response (IVR).
Payment Data Systems' solutions include services and products that can be
implemented more quickly and less expensively than traditional methods of
utilizing multiple payment companies to process different types of payments,
because its solutions offer a full range of payment processing capabilities, all
managed within a single platform. Current service offerings include: one time
and recurring ACH debits and credits, ACH lockbox and RCK services, Web pay
acceptance of credit cards and checks, telephone pay acceptance of credit cards
and checks, Interactive Voice Response systems which automate the payment
receiving process, and data warehousing that enables the storage and retrieval
of an entire payment history from one location.
For more information, visit www.paymentdata.com or www.otcfn.com/pyds or ir@paymentdata.com
.
Contact: Geoffrey Eiten, Investor Relations, (781) 444-6100 x613 or geiten@otcfn.com
.
With the exception of historical information contained in this release, this
release includes forward-looking statements made under the "Safe Harbor"
provisions of the Private Securities Litigation Reform Act of 1995. These
statements involve risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements.
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Source: Payment Data Systems, Inc.