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.
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Served more than 14,000 business entities
Over 50,000,000 transactions per year
Volume exceeding $2,000,000,000 annually
User friendly customer support
March 2012, Los Angeles, California
CDS Joins Uniti Bank as a Referral Partner
CDS and Uniti Bank of Buena Park, CA has joined to welcome referral merchants for their merchant processing needs. This partnership has already allowed merchants to receive utmost service in the industry through CDS.
Uniti bank has been serving the Southern CA region since 2001 and CDS is proud to enter this new relationship to provide top notch customer service and innovative products.
May 2010, Los Angeles, California
Hanmi Bank Establishes Partnership with CDS
CDS has launched an alliance program to partner with Hanmi Bank, servicing the greater Los Angeles area since 1982 with 27 branch locations. The move will allow Hanmi Bank to refer future merchants to CDS working together to bring unsurpassed service with the state-of-the-art equipment and outstanding staff.
Currently known for excellent range of merchant services throughout California, CDS will be able to bring business solutions to merchants with innovative services to meet their needs. The partnership will continue to provide low cost and high quality electronic payment service vital to the merchants coming on board.
September 2008, Los Angeles, California
CDS Announces Alliance with Center Bank (BBCN)
CDS is proud to announce a newly established partnership with Center Bank, a full-service commercial bank to bring merchant service solutions to the referred clients.
With 44 branches throughout the US, Center Bank is to refer its merchant customers to CDS for all their payment processing solutions. The strategy will allow CDS to penetrate into already successful region to service the business owners with ATMs, traditional point-of-sale terminals, e-commerce, as well as loyalty and gift card programs.
January 2004, Honolulu, Hawaii
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.
June 2003, Honolulu, Hawaii
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.
April 2003, Los Angeles, California
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.