iPayment, Inc. announced financial results for the second quarter and six months ended
June 30, 2008. Revenues increased to $212,580,000 for the second quarter
of 2008 from $192,674,000 for the second quarter of 2007. Revenues, net
of interchange, were $90,725,000 for the second quarter of 2008 compared
with $80,234,000 for the second quarter of 2007. Net income was
$5,772,000 for the second quarter of 2008 compared to $1,340,000 for the
same period last year. The Company today has filed its Form 10-Q for the
three months ended June 30, 2008, with the Securities and Exchange
iPayment, Inc. is a provider of credit and debit card-based payment
processing services to approximately 150,000 small merchants across the
United States. iPaymentâs payment processing services enable merchants
to process both traditional card-present, or âswipe,â transactions, as
well as card-not-present transactions, including transactions over the
internet or by mail, fax or telephone.
For complete details on iPayment’s latest results visit CardData ([www.carddata.com](http://www.carddata.com)).