Payment Data Systems (OTCBB: PYDS)
Dear Members,
Payment Data Systems Announces “Debit Only” Payment Product Offering
Payment Data Systems(OTCBB:PYDS.OB - News), an integrated electronic payments solutions provider announced today the availability of a “Debit Only” card payment method product.
This product is particularly oriented to organizations that do not want their customers to incur debt as a result of their payment but still want to offer the processing security and convenience of a card.
This capability is available through all our payment acceptancechannels including Customer Service Representatives, IVR, our program interface technology (API), our gateway services, and our soon to be released iPhone®application iRemotePay™.
Michael Long, PDS CEO, said, “Many churches believe that creating debt in order to tithe or contribute to the church for other needs such as building programs go against the teachings of their faith. Heretofore, the congregation members could only make these contributions by check or


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