PDS Announces the Availability of iRemotePay(TM), the Secure iPhone Mobile Payment App for iPhone, iPad, and iPod touch

PDS Announces the Availability of iRemotePay(TM), the Secure iPhone Mobile
Payment App for iPhone, iPad, and iPod touch

SAN ANTONIO, Texas, Jan. 7, 2013 (GLOBE NEWSWIRE) -- Payment Data Systems,
Inc. (OTCQB:PYDS), an integrated electronic payments solutions provider, today
announced that its iRemotePay™ App is now available on the App Store^SM. The
app has been developed for the iPhone^®, and is also compatible with the
iPad^®, and iPod touch^®.

iRemotePay™, when coupled with a compatible card reader and an iPhone, iPad,
or iPod touch, enables a merchant to securely process credit cards, ACH
payments (e-Checks) and cash over cellular or Wi-Fi networks from remote
locations and view these payment transactions while away from the office. It
operates as a true point-of-sale (POS) terminal.

iRemotePay™ is appropriate for large or small organizations, such as HVAC or
plumbing services, or churches that have a need for wireless payment
applications.It is also completely compatible with PDS' market strategy which
focuses on large enterprises with large customer bases and which have a need
for remote payment processing applications on a full time basis or at special

iRemotePay™ is unique from other mobile payment solutions in three key ways:

  *it is targeted to merchants that have a need for one or multiple devices
    in their service market but also have a need for a common settlement
  *in addition to accepting all card types, iRemotePay™ will allow the entry
    and processing of ACH payments (e-Checks) and cash; and
  *it is processor independent which means iRemotePay™ can act as a gateway
    to the merchant's existing merchant processor who may not be Payment Data.

iRemotePay™ is fully integrated with PDS' back-office applications which
provide real time access to view the completed transaction by the merchant's
accounting department or at the remote location by the person that entered the

iRemotePay™ also is a secure app with fully encrypted end-to-end
transactions.Therefore it is designed to be fully compliant with all current
and future PCI security requirements.

iRemotePay™ is specifically designed for remote wireless POS applications.The
following serves only as a list of examples:

  oSpecial remote events;
  oConcerts and sports arenas;
  oTaxis and Limousines;
  oService Industries such as Plumbers, Electricians, Installers, and
  oDoor to Door Sales;
  oUtility Companies' On-Site Collections;
  oFlea Market Vendors;
  oAny Remote Sales Merchant.

iRemotePay™ features include:

  oSecure Payment Processing with end to end encryption of transaction data;
  oAllows our customer to leverage their existing wireless plan if using a
    cellular network;
  oInternet based reporting;
  oBack office support for corporate office or remote personnel so each can
    immediately view transactions as soon as a sale is made;
  oIntegrated telephone and Web based transaction reporting through all of
    the PDS back-office applications such as fraud control and our CSR View
  oFast merchant setup time - as fast as 24 hours;
  oSupports all card association brands;
  oSupports entry and payment for ACH processing (e-checks);
  oCaptures, tracks and reports cash payments.

Michael Long, Payment Data Systems, Inc CEO said, "We are very excited to be
at this point with the deployment of iRemotePay and its availability to
merchants of all sizes.We believe the product defines for merchants a new
wireless POS platform for the processing of payments wherever the merchant and
their customers happen to come together."

The iRemotePay™ App is available for free from the App Store on iPhone, iPad,
and iPod touch or at www.itunes.com/appstore.

About Payment Data Systems, Inc.

Payment Data Systems is an integrated payment solutions provider to merchants
and billers. The organization provides an extensive set of products to deliver
world-class payment acceptance. Payment Data has solutions for merchants,
billers, banks, service bureaus and card issuers. The strength of the company
is its ability to offer specifically tailored solutions for card issuance,
payment acceptance and bill payments.

For additional information, visit www.paymentdata.com. Contact Michael Long
for Investor Relations information at 210.249.4040 or email at

Website: www.paymentdata.com, www.ficentive.com, www.zbill.com,

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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. 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. 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. 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. We
believe that the assumptions underlying the forward-looking statements
included in this release will prove to be accurate. 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. All forward-looking statements made in this release are based on
information presently available to our management. We assume no obligation to
update any forward-looking statements, except as required by law.

CONTACT: Michael Long
         Investor Relations
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