Bowen Center to provide Payment Data’s Akimbo Commercial Prepaid Mastercard to employees at its locations throughout Indiana
SAN ANTONIO, April 01, 2019 (GLOBE NEWSWIRE) -- Payment Data Systems (PYDS), a tech-enabled payment solutions provider, announced today that FiCentive, a wholly owned subsidiary of Payment Data Systems, has signed an agreement with the Bowen Center, a Warsaw, Indiana-based behavioral health company, to provide its Akimbo Commercial Prepaid Mastercard® product to Bowen’s employees at its locations in 20 counties across the state. This agreement represents continued strategic expansion and penetration of the targeted healthcare vertical.
Houston Frost, Senior Vice President of Prepaid at Payment Data Systems, noted, “Our Akimbo Commercial prepaid card product was developed for organizations just like the Bowen Center. Traditionally, companies have used petty cash processes or issued credit cards to employees for managing day-to-day expenses. With the exception of setting basic credit limits, companies have limited spending controls on corporate credit cards issued to employees. The Akimbo Commercial card provides administrators with greater control and flexibility, including the ability to load cards, transfer money, review spending, and enable/disable cards. We are excited to be serving the Bowen Center as they positively impact those in their communities.”
Jay Baumgartner, Senior Vice President of Financial Services at the Bowen Center, said, “Our workforce is widely dispersed across Indiana, which presents many challenges in effectively managing our employees spending and its potential detrimental impact on morale. We have been looking for a robust and reliable prepaid solution that can alleviate these concerns, both for employees as well as for the Bowen Center. The Akimbo Commercial card product has all of the features and functionality we need to more efficiently and effectively manage our electronic payments without burdening our employees. The Bowen Center is excited to begin this new relationship and we firmly believe the Akimbo Commercial card will provide the flexibility and security we need.”
About the Bowen Center
With locations spread across 20 counties in Indiana, Bowen Center’s mission is to positively impact the quality of life of those they serve by providing professional, caring, cost-effective behavioral healthcare services.
About Payment Data Systems, Inc.
Payment Data Systems, Inc. (PYDS), 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 services 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 Systems is headquartered in San Antonio, Texas, and has offices in Franklin, Tennessee, just outside of Nashville.
Websites: www.paymentdata.com, www.singularpayments.com, www.payfacinabox.com, www.akimbocard.com, and www.ficentive.com. Find us on Facebook® and Twitter.
About Sunrise Banks
Sunrise Banks, N.A., based in St. Paul, Minnesota, seeks to radically change the way urban communities and people thrive by empowering them to achieve financial wellness. Sunrise is certified by the U.S. Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. Sunrise Banks is also a member of the Global Alliance for Banking on Values, a public benefit corporation and is a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact. Visit Sunrise Banks at SunriseBanks.com, on Twitter @SunriseBanks, or on Facebook. Member FDIC.
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VP, Sales & Business Development