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Accomplished Industry Veteran Kyle Ruschman Joins FiCentive as VP of Sales and Business Development

SAN ANTONIO, Oct. 16, 2018 (GLOBE NEWSWIRE) — FiCentive, a wholly-owned accessory of Acquittal Data Systems, Inc. (NASDAQ: PYDS), is aflame to advertise the accession of two new prepaid partners, SVM and UniTeller.  FiCentive additionally announces the accession of Kyle Ruschman as VP of Sales and Business Development, area he will advance the organization’s advance initiatives.

Houston Frost, SVP of Prepaid Articles for Acquittal Data Systems, said, “These two new partnerships acutely authenticate that our FiCentive prepaid agenda belvedere continues to action the appearance and versatility that prepaid agenda issuers see as best accordant in today’s activating marketplace.  In addition, Kyle brings the acquaintance and industry adeptness to advantage this technology and spearhead our prepaid advance initiatives.”

“I couldn’t be added aflame to accompany the FiCentive and Acquittal Data Systems ancestors of companies, and I attending advanced to architecture on the able foundation already in place,” said Kyle Ruschman.

SVM, a arch all-around provider of allowance and prepaid agenda solutions for businesses, afresh appear through the cardinal affiliation with FiCentive their adeptness to action a basic open-loop prepaid agenda that can be acclimated at retail locations application Apple Pay, Android Pay, or Samsung Pay.  SVM’s articles are acclimated by arch incentive, rewards, loyalty, and added companies to incent and accolade their customers, employees, and prospects.

UniTeller is a baton in international money alteration processing services, alms remittance solutions to business ally and individuals. UniTeller will use FiCentive to actualize a full white-labeled prepaid agenda offering, alleged uLinkcard (ulinkcard.com), for its uLink Digital Remittance affairs (ulinkremit.com), area barter will be able to accelerate remittances application the agenda at adopted rates. UniTeller supports a arrangement of added than 110,000 advantageous locations common aing their customers living in the U.S. with their families abroad.

About FiCentive FiCentive, a accessory of Acquittal Data Systems, Inc., quickly and deeply delivers customized prepaid agenda programs for corporations, banking institutions, affection groups and added organizations that charge to bear a banking band-aid to their customers, vendors, or employees.  FiCentive has all-encompassing adeptness and acquaintance acquired by processing prepaid agenda programs for over ten years with awful efficient, secure, cost-effective, and chip acquittal solutions.  Website: http://ficentive.com/

About Acquittal Data Systems, Inc.Payment Data Systems, Inc. (NASDAQ: PYDS), a arch chip acquittal solutions provider, offers a advanced ambit of acquittal solutions to merchants, billers, banks, account bureaus, and agenda issuers. The Company operates credit, debit/prepaid, and ACH acquittal processing platforms to bear convenient, world-class acquittal solutions and account to their clients. The backbone of the Company lies in its adeptness to accommodate tailored solutions for agenda issuance, acquittal acceptance, and bill payments as able-bodied as its different technology in the prepaid sector.  Acquittal Data is headquartered in San Antonio, Texas, and has offices in Nashville, Tennessee.

Websites: www.singularpayments.com, www.payfacinabox.com, www.akimbocard.com, and www.ficentive.com. Find us on Facebook®.

Forward-Looking Statements DisclaimerExcept for the absolute advice independent herein, the affairs discussed in this absolution accommodate advanced statements which are covered by safe harbors. Those statements include, but may not be bound to, all statements apropos management’s intent, acceptance and expectations, such as statements apropos the accretion of Singular Payments, our approaching and our operating and advance strategy. These advanced statements are articular by the use of words such as “believe,” “intend,” “look forward,” “anticipate,” “schedule,” and “expect” amid others. Advanced statements in this columnist absolution are accountable to assertive risks and uncertainties inherent in the Company’s business that could account absolute after-effects to vary, including such risks accompanying to the ability of the advancing opportunities from the Singular acquisition, the administration of the Company’s growth, the accident of key resellers, the relationships with the Automated Clearinghouse network, coffer sponsors, third-party agenda processing providers and merchants, the aegis of our software, accouterments and information, and acquiescence with circuitous federal, accompaniment and bounded laws and regulations, and added risks abundant from time to time in the Company’s filings with the Securities and Exchange Commission including its anniversary address on Form 10-K for the budgetary year concluded December 31, 2017. One or added of these factors accept affected, and in the future, could affect our businesses and banking after-effects in the approaching and could account absolute after-effects to alter materially from affairs and projections. We accept that the assumptions basal the advanced statements included in this absolution will prove to be accurate. In ablaze of the cogent uncertainties inherent in the advanced statements included herein, the admittance of such advice should not be admired as a representation by us or any added being that our objectives and affairs will be achieved. All advanced statements fabricated in this absolution are based on advice anon accessible to our management. We accept no obligation to amend any advanced statements, except as appropriate by law.

Investor Contact:Joe [email protected]

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