About US

 

 

 

 

 

 

 

 

 

 

CDS, headquartered in Lynnwood, Washington, manages and facilitates payment processing on behalf of retailers, financial institutions, associations,  government agencies, and Independent Sales Organizations(ISO's).

CDS provides service for credit and debit card processing, electronic check service which converts conventional checks to electronic forms, virtual terminal processing or Internet and PC-based credit card payment processing, money dispensable ATM machine as well as value added services such as Electronic Gift Certificates and Electronic Benefit Transfer program in the Unite States.

 

Choose an Industry Leader

Served more than 13,000 business entities

Over 35,000,000 transactions per year

Volume exceeding $1,400,000,000 annually

User friendly customer support

Advanced Technology

  • Wireless
  • High-speed transaction processing
  • State-of-the-art ATM machine
  • Fully redundant network

 
 Press Releases

 

 

 

 

 

 

 

April 2003, Los Angeles, California 
CDS purchases the merchant credit card service accounts of Chohung Bank

CDS purchased the merchant credit card service accounts of Chohung Bank. Chohung Bank located in Los Angeles, California had been operating as a credit card service provider since 1995  The bank decided to sell its credit card processing service to CDS  in April 2003 because of the outstanding reputation CDS has for servicing credit card merchants. Through this purchase, CDS added an annual processing volume of $50,000,000  to its current volume. CDS is recognized as  the topmost company in the South California area in both customer service and technology. CDS reinforced its employee base in its LA branch to support this added volume and to provide continued excellent service to its present and new customers.  

 

June 2003, Honolulu, Hawaii
Hawaii Federal Credit Union signs agreement with CDS for merchant service referrals

CDS entered into an agreement with HawaiiUSA Federal Credit Union(HiUSA) to provide merchant credit card services to the customers of HiUSA. Those companies that can and do accept credit cards and have a business checking account with HiUSA will have special rates and fees when they utilize CDS as their merchant service provider.

HiUSA had decided to link with CDS after negotiations with other providers did not satisfy HiUSA with the servicing level comparable to that which CDS would provide. The CDS Hawaii branch already has the reputation of providing excellent service to its existing customers.

The agreement is designed to expand the range of services that HiUSA can offer to its business banking customers. Now HiUSA can "offer" merchant credit card servicing to its business customers without the processing concerns.

 

January 2004, Honolulu, Hawaii
HI Saving Bank to utilize the services of CDS

Territorial Savings Bank(Territorial) will begin referring its business banking customers to CDS as part of its business banking features. As a billion dollars in assets kamaaina bank serving Hawaii since 1921, Territorial has been expanding into the business banking arena and realized the need for merchant servicing as an integral part of its services.

Although they had utilized another company to provide its merchant servicing then dealt directly with the processor, Territorial ultimately decided to join forces with CDS to provide continued excellent services to its business customers.