Payment Data Systems Announces Record Transaction Growth for January 2015
2015年2月5日 - 9:30PM
Payment Data Systems (OTCBB:PYDS) (OTCQB:PYDS), an integrated
electronic payments solutions provider announced today that it is
continuing to experience high growth in transactions processed.
January 2015's electronic check transaction volumes were up 22%
and returned check transactions were down 4% as compared to
December 2014 and was the best month of electronic check processing
in the history of the company.
Total dollars processed for January 2015 set a new record for
the company exceeding $302,000,000 and breaking the previous record
that was achieved in December 2014.
Credit cards dollars processed during January 2015 were up 9%
over the same time period in 2014. Credit cards transactions
processed during January 2015 were up 5% over the same time period
in 2014.
Michael Long, CEO, said, "We are excited about the early results
for the first quarter of 2015.If the trend continues, we should be
able to extend the dramatic growth we experienced in the fourth
quarter of 2014 into the first quarter of 2015. Also, we
believe that we will continue to experience high growth in
transactions processed and associated revenues and income for
current year. 2015 should be an exciting year for our company."
Mr. Long continued, "I am pleased to announce that we have
already achieved all the financial metrics required for an
up-listing to NYSE market. We will file our application for
listing with the NYSE shortly after filing our 2014 10K annual
report. We will file the annual report on or before March
30th, 2015. We continue to believe our stock is undervalued
and is trading below valuation multiples that our industry
receives."
About Payment Data Systems, Inc.
Payment Data Systems is an integrated payment solutions provider
to merchants and billers. The organization provides an extensive
set of products to deliver world-class payment acceptance. Payment
Data has solutions for merchants, billers, banks, service bureaus
and card issuers. The strength of the company is its ability to
offer specifically tailored solutions for card issuance, payment
acceptance and bill payments.
For additional information, visit www.paymentdata.com. Contact
Michael Long for Investor Relations information at 210.249.4040 or
email at ir@paymentdata.com.
Website: http://www.paymentdata.com, www.ficentive.com,
www.zbill.com
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FORWARD-LOOKING STATEMENTS DISCLAIMER:
Except for the historical information contained herein, the
matters discussed in this release include certain forward-looking
statements, which are intended to be covered by safe harbors. Those
statements include, but may not be limited to, all statements
regarding our and management's intent, belief and expectations,
such as statements concerning our future and our operating and
growth strategy. Investors are cautioned that all forward-looking
statements involve risks and uncertainties including, without
limitation, the factors detailed from time to time in our filings
with the Securities and Exchange Commission. One or more of these
factors have affected, and in the future could affect our
businesses and financial results in the future and could cause
actual results to differ materially from plans and projections. We
believe that the assumptions underlying the forward-looking
statements included in this release will prove to be accurate. In
light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such
information should not be regarded as a representation by us or any
other person that our objectives and plans will be achieved. All
forward-looking statements made in this release are based on
information presently available to our management. We assume no
obligation to update any forward-looking statements, except as
required by law.
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