• 4th Quarter Processing Volume increased by 40% over the 3rd Quarter of 2011
• New Account Acquisition in the 4th Quarter of 2011 increased by 29% over the 3rd Quarter of the same year.
• Overall account attrition decreased by 5% in the 4th Quarter of 2011 as compared to the 3rd Quarter of the same year.
Contributing to the company's phenomenal growth has been the introduction of several innovative, industry-changing solutions for small and mid-sized business owners as well as the superior level of service and commitment that is provided to its customers.
“This very solid conclusion to 2011 is an encouraging indication that the effective execution of our strategy will drive great results not only in 2012, but in many years to come. In 2012, Card Payment Direct is hopeful that overall processing volumes will increase by at least 250% over 2011, revenues will continue to grow at a staggering rate and new merchant account acquisition will more than quadruple the number posted in 2011. The Company remains very focused on continuing to deliver positive results, and increased revenues as we look forward to building upon the substantial growth that was achieved in 2011," states Malone.
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
# # #
Card Payment Direct is a leading provider of merchant services to businesses nationwide. Offering all types of payment processing solutions including credit, debit, check services, gift cards and merchant loans.