Applied Business Software Partners With Payment Data Systems

Applied Business Software Inc. (ABS), developer of The Mortgage Office, has announced a partnership with Payment Data Systems, an electronic payments solutions provider to offer enhanced functionality for processing electronic payments via its ACH module, as well as online payment processing by check or credit/debit card.

Users of The Mortgage Office have a powerful collection tool enabling them to effortlessly process electronic payments from borrowers, either by phone or 24/7 via ABS’s subscription-based Web portal.

“We are excited about this partnership with Payment Data Systems as it falls directly under our goal of providing our clients with the most user-friendly, state-of-the-art loan servicing software solution in the industry,” said Jerry Delgado, president and co-founder of ABS.

Louis Hoch, president and CEO of Payment Data Systems, said, “This partnership takes us into the new vertical of consumer mortgage loan servicing software and further diversifies our customer base.”