Payment Data Systems Announces New Office Location in Franklin, TN

4/11/18

SAN ANTONIO, April 11, 2018 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ:PYDS), an integrated electronic payments solutions provider, today announced the opening of a new office located in Franklin, Tennessee. Headquartered in San Antonio, Texas, Payment Data Systems is celebrating its 20th year of service. This new Franklin, Tennessee office is home to the payments integration team under the brands Singular Payments and Payfac in a Box™.

The new Tennessee location will house a variety of important inside sales and merchant support positions including Activation Specialists, Team Leaders, and Business Development professionals who will specialize in ACH, Pre-Paid and other payment vehicles. The Activation Specialist positions are dedicated to activating merchants that are batch boarded using the enrollment API in connection with integrations to PDS’ Payfac in a Box™ platform. This role will be critical in ensuring a high level of adoption within each ISV partnership, which is central to the value proposition associated with the Payfac in a Box™ offering.

Commenting on the announcement, Vaden Landers, EVP & Chief Revenue Officer for Payment Data Systems said, “The opening of our office in the Franklin, Tennessee area allows us to capitalize on the fact that Nashville is a major hub for both payments and healthcare. Since the founding of Singular Payments back in 2009, our focus has remained on the delivery of sophisticated payment solutions into hospitals, clinics, and providers of all varieties, and other players across the healthcare sector.” Landers added, “Our expansion into the Nashville area through the opening of this office demonstrates our commitment to addressing the Revenue Cycle Management challenges that plague the healthcare community today.”

Payment Data Systems has already begun its search for experienced, highly motivated sales professionals who will work from the new Franklin, TN payments headquarters. A ribbon cutting ceremony for the new office will take place on Thursday, April 12, 2018, at the new facility located at 4037 Rural Plains Circle, Suite 230, in Franklin beginning at 11:00am and concluding at 1:00pm. Representatives from the Williamson County Chamber of Commerce as well as other local officials, company staff, clients and partners will be on hand to participate in the festivities, which will mark the official opening of the branch.

About Payment Data Systems, Inc.

Payment Data Systems, Inc. (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; Long Beach, California; St. Augustine, Florida and Nashville, Tennessee. Websites: www.paymentdata.com, www.singularpayments.com, www.payfacinabox.com, www.akimbocard.com, and www.ficentive.com. Find us on Facebook®.