Payment Data Systems set to grow its software

Favicon The San Antonio Business Journal

San Antonio-based Payment Data Systems Inc. plans to scale its proprietary technology and is focused on software developers adopting its tools. The software — called Pay-Fac, which is short for payment facilitator — is a payment processing tool for businesses. It enables businesses to open merchant accounts and accept automated clearing house payments and credit cards online. Payment Data Systems then charges a flat fee for the amount processed. "It is the largest driver for top-line revenue...

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