- 8500 Faith-Based Organizations Are Now Able to Accept Credit Card Payments - SAN ANTONIO, Feb. 6 /PRNewswire-FirstCall/ -- Payment Data Systems, Inc. (OTC:PYDS) (BULLETIN BOARD: PYDS) , an integrated electronic payments solutions provider, announced today that it has signed a contract with Shelby Systems, Inc. with headquarters in Cordova, Tennessee. Shelby is a leader among software solutions providers to this community of clients. Shelby Systems serves over 8500 faith-based organizations. Most of these clients are churches with memberships in excess of 1,000. The purposes of forging a partnership between Payment Data Systems and Shelby is to allow members to make online donations and to pay for the many ancillary services being offered by these organizations such as camp registrations, adult seminars, etc. The agreement defines a process in which a church contacts Shelby, the software provider, and indicates an interest in providing credit card payment capability to the congregation. After receiving this notice of interest, Payment Data completes a contract with the church. The church can then begin processing credit cards using Shelby's "e-Give" or "e-Registrations" software. "We are very enthusiastic about being able to provide our innovative solutions to Shelby and their very significant base of customers," said Michael Long, Chairman and CEO. Long added, "Clear benefits to the church staff come in the form of increased accuracy and a reduction in manual processes." Frank Canady, president of Shelby Systems, said, "Being able to make online payments has been requested by our client churches and their congregations for some time now. We are pleased to offer this convenience for payments through Payment Data Systems. We expect members will be able to maintain their patterns of giving regardless of illness, work, or vacation that may hinder regular attendance." About Payment Data Systems, Inc. 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, processing, and risk/fraud management. 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. For additional information, visit http://www.paymentdata.com/ . Contact Michael Long for Investor Relations information at 210.249.4040 or email at . About Shelby Systems For more than 30 years Shelby Systems has provided quality software to over 8500 churches and other faith-based organizations in over 40 countries. The 100+ employees and agents pledge outstanding products, innovation, customer support and training to help faith-based organizations achieve their ministry goals. Shelby provides a total management solution. The innovative programming addresses specific needs related to ministry efforts, such as effectively using volunteers and supporting small group leaders with online planning tools. Financial record management, based on fund accounting for non-profits, regularly receives accolades from discriminating CPAs for ease of use and accountability. Judged on stability of software and customer satisfaction ratings, Shelby Systems is the only church management company to be designated a Microsoft Gold Certified Partner. 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. DATASOURCE: Payment Data Systems, Inc. CONTACT: Michael Long, Investor Relations of Payment Data Systems, Inc., +1-210-249-4040, or Web site: http://www.billx.com/ http://www.paymentdata.com/

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