This is the first entry of PDS into the rapidly growing telecommunications industry. The products that NII has chosen from us include IPS*CSRView, a web based application which allows their Customer Service Representatives to accept and enter ACH or Credit Card payments taken from their customer over the telephone, IPS*Re-Debit Express, a process for handling and recovering NSF checks and electronic returns, IPS*Credit Card Gateway, a web based application which allows for uploading/processing and reporting of batch loaded recurring credit card payments. The anticipated initial transactional value of the agreement is approximately $12 million per year based on current volumes.
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