Payment Data Systems Fulfills Initial Order for 50,000 Debit Cards

Saturday 13 November 2004 09:05 CET | News

Credit Payment Services (CPS) has selected Payment Data Systems to provide and support stored value cards as a supplement to traditional ACH credits.

The current agreement should create approximately one million dollars in gross revenue for PDS with over $130,000 of that amount being generated this quarter. The functionality of the offering will provide an immediate funding of the loan rather than experience the customary delays associated with the ACH credit process. This rapid access to the loan amount should ensure higher service levels for consumers and opportunity of new revenue for CPS.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce