Payment Data Systems, Inc. (PYDS) Announces Record Month
Payment Data Systems yesterday announced that the company had set a record for processing transactions during the month of August, 2011, including transactions for electronic checks and credit cards. Payment Data Systems provides payment solutions to merchants and billers, developing products to meet the needs of customers in such industries as banking and credit card issuers. PDS prides itself on offering customized solutions for card issuance and payment acceptance for services and bills. During August, electronic check processing (ACH) volumes reached the highest point in the company's history, up 64% from July. ACH returned transactions were up 50% over the…