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SAN ANTONIO, Dec. 20, 2016 -- Payment Data Systems, Inc. (NASDAQ:PYDS), an integrated electronic payments solutions provider, today announced that it recently partnered with Applied Business Software (ABS), as a payment processor for ABS’ The Mortgage Office™ suite of products.
Applied Business Software, founded in 1978, is an industry leader in loan servicing software. The partnership with Payment Data Systems was part of the recently released new version of The Mortgage Office™. “This partnership takes us into the new vertical of consumer mortgage loan servicing software and further diversifies our customer base,” said Louis Hoch, President and CEO of Payment Data Systems. “We are excited to be a part of ABS’ new version of the The Mortgage Office™ suite of products.”
Jerry Delgado, CEO and Co-founder of ABS commented, “We are pleased to be partnering with Payment Data Systems, as we believe their high-touch model and strong customer service will be beneficial to our customers.”
About Payment Data Systems, Inc.
Payment Data Systems (NASDAQ:PYDS), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid and ACH payment processing platforms to deliver convenient, world-class payment solutions and service to their clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector. Payment Data is headquartered in San Antonio, Texas, and has offices in New York, New York; and Long Beach, California. For additional information please visit www.paymentdata.com. Websites: www.akimbocard.com and www.ficentive.com. Find us on Facebook®.
About Applied Business Software
Applied Business Software, founded in 1978 and creator of The Mortgage Office™, is a market leader and global provider of software systems and solutions to the lending industry. The Mortgage Office™ is a complete suite of software products designed from the ground up to specifically address the needs of those who originate and administer loans. The Mortgage Office™ has consistently rated superior in design, system interface, expandability, and ease of use. This Windows application collaborates fully with the Microsoft Office suite of products and is designed to make loan servicing more profitable and your overall business run more efficiently. ABS is based in Long Beach, California. For additional information about ABS’s products and services, visit www.themortgageoffice.com, www.theloanofficesoftware.com or call (800) 833-3343.
Investor Contacts: Allyson Pooley Financial Profiles, Inc. [email protected]
