SAN ANTONIO, May 03, 2016 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ:PYDS) today announced its launch of Kind Hand, a giving and registration management solution for churches and charitable organizations built on Spark Development Network’s Rock RMS open source system.
“We are excited to introduce Kind Hand, which is the first of our vertical solutions for church communities and non-profits that is built on the Rock RMS platform,” said Louis Hoch, president and chief operating officer of Payment Data Systems. “Churches and charitable organizations have always represented a key market for us, and through Kind Hand, we provide a secure, cloud-based environment specifically for this vertical that removes compliance risk so the merchant can focus on running their ministry or organization.”
Commenting on the partnership agreement announced in late February, Hoch added, “We are proud to be a premier payments and hosting partner to Rock RMS, who we believe is well-positioned to become the industry leader in church management system technology.”
Jon Edmiston, Executive Director of Rock RMS, stated, “We are thrilled to have Payment Data Systems as a premiere payment processing and now hosting partner through Kind Hand, a hosted Rock RMS platform. We are excited about Payment Data’s commitment to the ministry industry and to our joint partnerships.”
Kind Hand offers multiple donation processing solutions for church member communities and charitable giving organizations with competitive credit, ACH, debit, check and credit card processing rates. The platform also offers full-featured online event registration and website content management as well as hosting services for users that are not PCI compliant. Learn more by visiting www.kindhand.com.
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 Systems is headquartered in San Antonio, Texas, and has offices in New York, New York; and Long Beach, California.
About Rock RMS
Rock RMS is a project of the Spark Development Network, an official 501(c)(3) non-profit organization that promotes collaboration, innovation and openness for church technology. For more information, visit www.rockrms.com and www.sparkdevnetwork.com.
FORWARD-LOOKING STATEMENTS DISCLAIMER
Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. 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: Julie MacMedan Elizabeth Brossy Financial Profiles PYDS@finprofiles.com
Source:Payment Data Systems, Inc.