It also supports
the processing of credit card, debit card and electronic check
(ACH/ATM) transactions, which can be processed in real time or
scheduled to occur on future dates. Louis Hoch, said, "We are
very pleased to be able to deliver this solution to this relationship with XL
Payment Systems. These service offerings include: one time
and recurring ACH debits and credits, electronic lockbox and returned check
services , Web pay acceptance of credit cards and checks, telephone pay to
Customer Service Representatives for acceptance of credit cards and checks,
Interactive Voice Response systems which completely automate the payment
receiving process, and data warehousing that enable the storage and retrieval
of all payment history from one location.bills.

intelec lonestar

With assets
of $40. We look forward to more
implementations with PDS.

innovators debt

Business Editors/Banking Writers

WALNUT CREEK, Calif.
We provide a turn -key solution including card production, PIN generation,
customer service, Regulation E, funds management , settlement, network access,
bank issuance/sponsorship, transaction processing, and transaction reporting .
Payment Data Systems, Inc. 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.

recoveries efinance

A state-of-the-art billing application will be based on ACH
Direct's Virtual Terminal product, the most advanced Web-based
platform for processing electronic payments available today., is an Integrated Payments Solution Provider
delivering comprehensive, cost-effective solutions to billers and retailers
for the processing and management of electronic payments via the Internet,
point of sale, or payments taken by Customer Service Representatives or an
Interactive Voice Response (IVR).
For additional information, visit http://www. All forward-looking statements made in this release
are based on information presently available to our management.

recoveries cmss

ABOUT BANK OF THE WEST

Bank of the West offers retail, small business and corporate
financial services throughout the western United States.NET Connected Logo program relieved any
concerns about compatibility with our systems.xlcard.com or (800) 510-1314.com .

fermat intelec

The gateway will be used to debit consumers' checking and/or
savings accounts when loading funds on their XL Payment Systems Debit Card for
worldwide usage."
XL Payment Systems President and CEO, Robert Cannon, said, "We are
thrilled with the solution that PDS created for our card programs.

debt comtech

1 billion , Bank of the West is a subsidiary of BancWest Corp. ACH Direct has been providing
payment-processing solutions to a wide mix of clientele since 1998 and
continues to develop ways to help clients who face an increasingly
complex and competitive business environment.
PDS qualifying for the Microsoft (R) .
For more information visit http://www.

recoveries predictive

XL Payment Systems also chose to utilize Payment Data's IPS
CSR*View product for tracking and reporting as well as customer relationship
management for their in-house call center.

merged bureaus

Where checks are processed in a back-office environment, the check
conversion application will allow customers to convert paper checks to
electronic transactions , increasing collection speed and reducing many
of the costs associated with electronic payments processing .
"We're very excited to work with Bank of the West to expand and
extend their product offerings ," said Jeff Thorness, chief executive
officer of ACH Direct.1 billion
headquartered in Honolulu , with an administrative headquarters in San
Francisco.
All Cards are issued by First Federal Bank .
Additional products available from PDS include services and products that
can be implemented more quickly and less expensively than the alternative of
adding multiple payments companies as these solutions offer a full range of
payment processing capabilities.paymentdata.com .

deductions advantedge

ABOUT ACH Direct

ACH Direct is one of the largest privately held electronic funds
processors in the United States with over $2. XL Payment Systems implemented
Payment Data's IPS ACH*Gateway which is a Microsoft(R) .com has the ability to transmit electronic
payments to thousands of national billers . We assume no
obligation to update any forward-looking statements, except as required by
law .

hutchins innovators

"
"ACH Direct is a good fit for us, as they have been a longtime
customer of Bank of the West , and proven themselves to deliver
state-of-the-art products with the high quality of service we require
from a vendor.

adtec howland

(OTC Bulletin Board: PYDS) today announced the signing of a
multi-year agreement with XL Payment Systems, Inc.

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.

mercantile starmark

SAN ANTONIO, Texas, Payment Data
Systems, Inc.
XL Payment Systems is a VISA ISO and is a leading provider of prepaid
debit cards worldwide.
These are all managed within a single comprehensive storage and retrieval
system thereby providing the customer consolidated tracking and reporting of
all payment types regardless of source or channel.

automating recoveries

BillDirect enables merchants to schedule single or a series of
recurring transactions with a few simple keystrokes. There are also re-presentment
options, which can be configured to re-attempt or even use a secondary
payment method to collect items that are returned unpaid. "By combining Bank of the West's core services
with ACH Direct's offerings, Bank of the West will be positioned to
better serve their existing customers and will have a very powerful
competitive edge that will allow them to significantly increase their
customer base and market share. Contact
Michael Long for Investor Relations information at 210. 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.

efinance howland

fermat recoveries

predictive debt

Positioned as one of the top 50 ACH originating institutions in
the country, Bank of the West continues to grow in cash management and
the payments industry by delivering innovative products. XL Payment Systems has done well issuing VISA branded cards
and we believe our risk + fraud systems will provide effective loading of
funds for their consumers while minimizing the risk for all participants.

advantedge mercantile

Bank of the West and ACH Direct Collaborate to Increase Payment Solutions to Cash Management Customers

+ CATHEDRAL CITY, Calif.
To enhance their existing electronic payment offerings within its
cash management suite of services, Bank of the West will be utilizing
ACH Direct services to expand its product line, which will now include
multiple payment billing, check conversion, remote deposit and
verification applications. We
selected PDS due to their deep experience in payment origination, risk
management, account verification, security, technology, and customer service.
The XL Payment Systems Card Program is sponsored by First Federal Bank.249.4040 or email at
ir@paymentdata .

debt bureaus

NET Connected
webservice.
President and COO of Payment Data Systems , Inc.
This is all performed at the Card level, merchant level, and distributor
level.

Software used by businesses such as collection agencies and tenant screening services to manage accounts and retrieve credit bureau reports.

merged deductions

,
a bank holding company with total assets of $50. to provide payment services
for debit card loading and risk management. Based in Houston, Texas, XL Payment Systems is able to
provide a prepaid debit card solution for every need.

mercantile lonestar

Payment Data Systems Inc. Contracts with XL Payment Systems Inc. for Funds Loading Services

The PDS solution provides payment origination for debit card loading that
can come directly from an XL Payment Systems Customer Service Representative
or an XL Payment Systems branded website. 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. We believe that the assumptions underlying the forward-
looking statements included in this release will prove to be accurate.

bureaus fermat

About Payment Data Systems, Inc.com . 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.

starmark automating

The verification product utilizes both local and nationwide
databases to validate accounts, identify negative check writers and in
some cases may verify funds prior to sending transactions into the ACH
network, therefore reducing risk for both customers and the bank. There is no doubt this union will be mutually
beneficial," said John M. Curtis, Bank of the West vice president and
senior product manager for electronic payment solutions. Bills.

lonestar debt

7 billion in ACH
transactions processed in 2004."

About XL Payment Systems , Inc.
Payment Data is the owner of the electronic bill payment portal,
http://www.

lonestar predictive

--(BUSINESS
WIRE)--Bank of the West has signed an agreement with
ACH Direct to bring increased payments solutions to customers of the
California-based bank. Bank of the West operates 480 banking locations with a
presence in 16 states from California to Wisconsin.