Pipeline Data Renews Agreement with First Data

QUINCY, Mass.--(BUSINESS WIRE)--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 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”

“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.

About Pipeline Data Inc.

Pipeline Data Inc. (PPDA) is a value-added provider of merchant payment processing services and other related software products. The Company currently delivers credit and debit card-based payment processing and related services to small to medium-sized merchants who operate either in a physical "brick and mortar" business environment or over the Internet. Pipeline's payment processing services enable merchants to process traditional card-present, or "swipe" transactions, as well as card-not-present transactions. For more information, please visit www.pipelinedata.com.

About First Data

First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving over 5 million merchant locations and 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.