Payment Data Systems Inc (PYDS)

[paymentsrule]

I believe Stream will be a Prepaid MasterCard under the FiCentive platform that, at the Share Holders' meeting, Houston Frost said he hopes would be developed by the end of the year. He spoke about it like an upscale prepaid card for the banked population that could be tied in to your checking or savings account but without all the fees the bank charges. The Stream card would enable the cardholder to share money, transfer between accounts and use as a budgeting tool. It would be great for young adults, college students, teens, etc. I hope my notes from the meeting are accurate, but that is what I think Stream is. He also said that the launch of Stream and Apple Pay and Mobile 2.0 are just the beginning of new upscale product announcements for us. He said we would use smart marketing direct to the consumer. In addition, processing one billion transactions a day is our goal! Sounds exciting!