Payment Data Systems Inc (PYDS)

[TechKim]

The main driver today? Credit/debit card transactions are experiencing record revenue growth for the company. Acquisitions helped to stimulate that growth which paid off. I would say that is what stands out, but I am certain other factors figure in. We might also consider that PYDS is underexposed to the market place. Greater exposure will be one highlighted driver going forward.


Will NACHA be a the main driver?
Well I would not want to be part of a company that was not of NACHA quality. Besides the ease of being able to work between financial institutions. NACHA will be a main driver, as I look at it as a mandate for all companies in the business going forward. Why would a customer really want to shop out of the network?
Main driver? Yes and no for now. Going forward I would say yes it will be a main driver to even being considered as a company to engage with.

What do you believe in the future of payment systems market?
That is a very broad question. For instance fast food restaurants are pushing the market forward. I do not see that going away in the near future. The use of physical money is slowly going away. I would add that it is slowly going away is actually healthy as the market gets tested and safe guards get in place. This slow going away of using cash might not be what PYDS and other companies want to hear as they stretch to meet their bottom lines, but it is coming and it could very well pick up pace, as the older generations that are use to physical cash deplete.

The future is changing the way we pay as consumers is the bottom line.