pipeline data inc (PPDAQ) Details

Pipeline Data Inc., through its subsidiaries, provides merchant payment processing services and related software products in the United States. It delivers credit and debit card-based payment processing solutions primarily to small to medium-sized merchants, who operate in physical ‘brick and mortar’ business environment, over the Internet, or in mobile or wireless settings through cellular-based wireless devices. The company provides various services, including application evaluation/underwriting, merchant set-up and training, card transaction processing, risk management/detection of fraudulent transactions, merchant service and support, chargeback service, and merchant reporting to merchants accepting credit and debit-based payment cards. It also offers virtual terminal/gateway, a SecurePay product; electronic transaction authorization services; data capture and reporting services; shopping cart technology; and gateway and communication interfaces, as well as software application products and services. Pipeline Data Inc. markets and sells its products through Internet, direct sales, partnerships with independent sales organizations, bank alliances, and through association marketing and value added resellers, as well as cross sells its products. The company was founded in 1997 and is based in Alpharetta, Georgia. On November 19, 2012, Pipeline Data, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.

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