Pipeline Data renews First Data card processing agreement

Source: Pipeline Data

Pipeline Data Inc. (OTCBB:PPDA), a valued-added provider of merchant payment processing services and other related software products, announced today that is has renewed its merchant processing agreement with CTS Holdings, LLC, a subsidiary of First Data Corp. (NYSE: FDC).

First Data will continue to provide comprehensive card processing services to Pipeline's merchant account base.

"We are very pleased to continue our successful partnership with First Data," said Pipeline's chief executive officer, MacAllister Smith. "As an acknowledged leader in the card processing industry, First Data provides the advanced technology and dedicated service that helps us meet the needs of our merchants."

"We look forward to extending our relationship with Pipeline Data through the continued inclusion of First Data card processing in its integrated suite of merchant services," said Rick Learch, senior vice president, First Data Commercial Services.

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