Payment Data Systems Launches Corporate Responsibility Program

Payment Data Systems Launches Corporate Responsibility Program

SAN ANTONIO, May 30, 2018 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ:PYDS), an integrated electronic payment solutions provider, announced the launch of a Corporate Social Responsibility program aimed at improving the lives of children in their local communities.

Payment Data Systems has recently partnered with the Children’s Rehabilitation Institute TeletonUSA (CRIT-USA), which is one of the largest private pediatric rehabilitation systems in the world. CRIT-USA provides comprehensive care for children with neurological, muscular, and skeletal disabilities. Their state-of-the-art rehabilitation center empowers kids to reach their full potential regardless of their ability to pay for services. Visit paymentdata.com/giving-back to learn more.

“We are thrilled to partner with CRIT-USA. Helping children in our communities is a cause that everyone at Payment Data Systems is excited about. We are very impressed with their mission and their success with helping children. We are extremely fortunate to have their only location in the USA here in San Antonio, Texas. We are humbled by the large investments from Mexican companies and individuals to help children in the United States. We look forward to helping CRIT-USA advance its amazing cause and to help raise awareness of this special organization,” stated Louis Hoch, President and CEO of Payment Data Systems. 

“It is such an honor to partner with Payment Data Systems, Inc.,” said Federica Soriano, CRIT-USA’s CEO. “Their sponsorship is another opportunity for us to give back to all the children and families who attend our facility. We look forward to working with them in the future.”

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. For additional information please visit paymentdata.com. Websites: singularpayments.com, payfacinabox.com, akimbocard.com and ficentive.com. Find us on Facebook® and Twitter.

About the Children’s Rehabilitation Institute of TeletonUSA 

CRIT-USA is part of the largest private pediatric rehabilitation system in the world. They provide a comprehensive one-of-a-kind model of care. CRIT-USA is a state-of-the-art pediatric rehabilitation facility in San Antonio, Texas that offers services to children and families from birth to 18 years of age with neurological and musculoskeletal disabilities. They treat children with cerebral palsy, muscular dystrophy, genetic disorders, congenital diseases, spinal cord injuries, amputations, and babies in need of early intervention – regardless of a family’s ability to pay. More information at critusa.org.

Forward-Looking Statements Disclaimer

Except for the historical information contained herein, the matters discussed in this release include forward-looking statements which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. These forward-looking statements are identified by the use of words such as "believe," "intend," "look forward," "anticipate," "schedule", and "expect" among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the Company's business that could cause actual results to vary, including such risks related to the realization of the anticipated opportunities from the Singular acquisition, the management of the Company's growth, the loss of key resellers, the relationships with the Automated Clearinghouse network, bank sponsors, third-party card processing providers and merchants, the security of our software, hardware and information, the volatility of our stock price, the need to obtain additional financing, risks associated with new tax legislation, and compliance with complex federal, state and local laws and regulations, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission including its annual report on Form 10-K for the fiscal year ended December 31, 2017. One or more of these factors have affected, and in the future, could affect our businesses and financial results in the future and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.

Investor Contact:
Scott Gordon
scottg@coreir.com
Core IR
516 222 2560
www.coreir.com