Card Payment Direct Sets Record Sales for First Quarter 2011

Card Payment Direct announced that it has experienced very strong business growth and momentum for 2011 with March recording a record number of merchant applications and credit card processing activity.

Key highlights and company milestones for first-quarter include:

  • New merchant acquisition has increased 325% over the first-quarter of 2010.
  • In the first-quarter of 2011, revenue has increased 320% over the same year period.
  • Card Payment Direct has increased its Sales Force by 211% within the first-quarter of 2011.

Our sales channels are hitting on all cylinders and exceeding 2011 projections with March being our best month yet. The overwhelming success of Card Payment Direct is in large part, attributable to the expansion of our Independent Agent Program. A significant increase in sales opportunities and remuneration for Card Payment Direct agents has been fueled by the “$3,000 Signing Bonus,” significant “Upfront Account Bonus Program,” “Free Terminal Placement” and the substantial “Revenue / Residual Share Plan” we offer.

The comprehensive sales support and training we provide to our Sales Representatives and what we feel to be the most generous compensation plan in the industry has positively impacted our program and contributed to our success. We will continue to foster a culture that focuses on performance, leadership and innovation to ensure month after month growth for Card Payment Direct.