Payment Data Systems (OTCBB:PYDS), an integrated electronic payments solutions provider, announced today that November 2011 set another record for transactions processed by the company. November’s ACH (electronic check) processing volumes were the highest in the history of the company. The month’s ACH transaction volumes were up 43% and ACH returned check transactions were up 40% compared to October of 2011. For the fourth quarter of 2011, we have already surpassed the record volumes we set in the third quarter of 2011. In just the first two months of the current quarter, we have already processed 90% more ACH transactions and 72% more in returned check transactions than we processed in the complete third quarter. Michael Long, CEO, said, “The combined transactions processed in October and November have nearly doubled the volume processed in the whole third quarter of 2011 and returned check processing was 72% in the same period. We anticipate that the large transaction growth will produce yet another record quarter and record annual results in terms of revenues, gross profit, operating income, cash generation and net income. 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 email@example.com. Website: http://www.paymentdata.com, www.ficentive.com, www.zbill.com Find us on Facebook® 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. 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.