Applied Business Software Announces Partnership with Payment Data Systems

LONG BEACH, Calif., Jan. 24, 2017 /PRNewswire/ -- Applied Business Software Inc. (ABS), developer of The Mortgage Office® the leading loan servicing software solution for the lending industry, is excited to announce a partnership with Payment Data Systems, a leading integrated electronic payments solutions provider, to offer enhanced functionality for processing electronic payments via its ACH module, as well as online payment processing by check or credit/debit card.

Users of The Mortgage Office have a powerful collection tool enabling them to effortlessly process electronic payments from borrowers, either by phone or 24/7 via ABS's subscription based web portal. With an easy signup process, competitive fees, real time verification, and world-class security, The Mortgage Office® users continue to enjoy cutting edge software. Jerry Delgado, President and Co-Founder of ABS said, "We are excited about this partnership with Payment Data Systems as it falls directly under our goal of providing our clients with the most user-friendly, state-of-the-art loan servicing software solution in the industry." Louis Hoch, President and CEO of Payment Data Systems added, "This partnership takes us into the new vertical of consumer mortgage loan servicing software and further diversifies our customer base."

About Applied Business Software

Applied Business Software is a market leader and global provider of software systems and solutions to the lending industry. ABS offers a complete suite of software products designed from the ground up to specifically address the needs of those who originate and service loans. All our products are consistently rated superior in design, system interface, expandability, and ease of use. ABS is based in Long Beach, California. For additional information about ABS's products and services, visit www.themortgageoffice.com or call (800) 833-3343.

About Payment Data Systems

Payment Data Systems, a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid and ACH payment processing platforms to deliver convenient, world-class payment solutions and service to their clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector.  Payment Data is headquartered in San Antonio, Texas, and has offices in New York, New York; and Long Beach, California. For additional information please visit www.paymentdata.com

Press Contacts
For Applied Business Software, Inc.:
Elizabeth Morales
Director of Business Development
(800) 833-3343
[email protected]
www.themortgageoffice.com

SOURCE Applied Business Software