PAYMENT DATA SYSTEMS, INC. (NASDAQ:PYDS) Files An 8-K Financial Statements and Exhibits

PAYMENT DATA SYSTEMS, INC. (NASDAQ:PYDS) Files An 8-K Financial Statements and Exhibits
item 9.01(a)(4) and 9.01(b)(2), respectively.

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Item 9.01

Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired.

The audited financial statements of Singular Payments, LLC at December 31, 2016 and December 31, 2015, and unaudited financial statements at August 31, 2017 are attached as Exhibit 99.1 to this Current Report on Form 8-K/A.

(b) Pro Forma Financial Information.

The unaudited pro forma condensed consolidated financial information of Payment Data Systems, Inc. at September 30, 2017 and December 31, 2016 reflecting the acquisition of Singular Payments, LLC are attached as Exhibit 99.2 to this Current Report on Form 8-K/A.

(d) Exhibits.




EX-23.1 2 pyds_exhibit231.htm EXHIBIT 23.1 Exhibit Exhibit 23.1  CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMWe consent to the use in this Current Report on Form 8-K/A of Payment Data Systems,…
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Payment Data Systems, Inc. is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers. It operates through two operating entities: Payment Data Systems, Inc. and FiCentive, Inc. Payment Data Systems, Inc. provides integrated electronic payment processing services to merchants and businesses, including credit and debit card-based processing services and transaction processing through the ACH network. Its ACH processing services enable merchants or businesses to both disburse and collect funds electronically using e-checks to transfer funds instead of traditional paper checks. The Company provides prepaid card processing services for merchants and consumers through its subsidiary, FiCentive, Inc.

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