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Card Payment Direct Reports Results for Fourth Quarter And Full Year 2012

Card Payment Direct Reports Preliminary Results For Fourth Quarter And For Twelve Months Of 2012


WEBWIRE

Card Payment Direct, a Scottsdale-based provider of merchant services and electronic payment processing, today announced its preliminary financial results for the fourth quarter of 2012. When comparing the fourth quarter of 2012 (ending December 31, 2012) to the fourth quarter of 2011 (ending December 31, 2011), new merchant acquisition decreased by 27.9%, while total transaction volume increased by 281.2% and Company revenue increased by 67.1%.

For the full year of 2012 (ending December31, 2012), the Company’s new merchant acquisition increased by 52.1% and total Company revenue increased by 156.1% as compared to the same twelve month period of 2011 (ending December 31, 2011).

About Card Payment Direct

Headquartered in Scottsdale, AZ, Card Payment Direct is a registered ISO/MSP of Wells Fargo Bank, N.A., Walnut Creek, CA and is a leading provider of payment processing services to businesses nationwide. Card Payment Direct provides innovative solutions, personalized service and competitive pricing to businesses nationwide.

For more information about Card Payment Direct, contact us at 480-269-8650 or toll-free at 877-841-9382. Visit our website at http://www.cardpaymentdirect.com



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