Once again, news just released by Payment Data Systems, Inc. (OTCBB: PYDS) may have the attention of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, an integrated electronic payments solutions provider, issued a press release announcing that the Carmen Electra Prepaid MasterCardÂ® and the Carmen Electra Gift MasterCardÂ® are anticipated to be available for purchase on Monday July 17, 2006.
News of the cards availability should get the attention of investors! The Carmen Electra Prepaid MasterCard and Carmen Electra Gift MasterCard cards are the first series in the company's celebrity prepaid card portfolio. Louis Hoch, President and COO of Payment Data Systems, Inc. said, "We are excited to partner with such a talented personality as Ms. Electra to offer this exciting card program. The Carmen Electra Prepaid MasterCard and Carmen Electra Gift MasterCard cards are unlike any others because of their extremely competitive pricing, exclusive Carmen Electra content and continuously evolving features and benefits."
Continue to watch this company! The Carmen Electra Prepaid MasterCard and the Carmen Electra Gift MasterCard are issued by MetaBank pursuant to a license by MasterCard International. To view the card and be notified of its availability please see http://www.carmencard.com.
Wall Street News Alert continues to place Aggressive Investors on alert to monitor the progress of Payment Data Systems! As we previously announced, the United States Patent and Trademark Office has issued Patent Number 7,021,530 for the company's technology and method for managing and processing bill payment via a stored-value debit card, check card, signature debit card, PIN based card or automatic teller machine (ATM) card from a variety of access points.
Payment Data Systems has also reported continuing the steady growth in revenue year over year, and significant improvements in the overall traction of its business.
Prior to the latest press release, the stock closed yesterday at around Nine cents a share.
For an in-depth profile of Payment Data Systems, visit http://www.thenewssvc.com/PYDS071106.html
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In case you are not familiar with the company: Payment Data Systems is an integrated payment solutions provider to merchants and billers. The organization provides an extensive set of products to deliver world-class payment acceptance. Payment Data has solutions for merchants, billers, banks, service bureaus and card issuers. The strength of the company is its ability to offer specifically tailored solutions for card issuance, payment acceptance and bill payments. Payment Data is the owner of the electronic bill payment portal, http://www.billx.com, which has the ability to transmit payments to thousands of national billers.
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"Consumer spending and their borrowing rose in May as reported by the Federal Reserve. Credit card and other revolving debt jumped the most since October of 2004. Non-mortgage borrowing rose by 2.5% or $4.4 billion. At an annulized rate this will add up to $2.174 trillion dollars according to the Fed," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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