Card Payment Direct Reports Its Third Quarter 2012 Results

Card Payment Direct, a Scottsdale-based provider of merchant services and electronic payment processing, today announced significant sales & revenue growth in the Third Quarter of 2012. When comparing the Third Quarter of 2012 (ending September 30th 2012) to the Second Quarter of 2012 (ending June 30th, 2012), new merchant acquisition grew by 13.6%, total transaction volume increased by 17.9% while company revenue decreased slightly by 6.1% due to a scheduled amendment in its income & pricing structure that took effect on July 1st, 2012 as well as a reduction in debit interchange fees.