Electronic Clearing House reported second calendar quarter revenue of $10.6 million, a 25.7% increase over the prior-year quarter. Bankcard processing and transaction revenue increased 24.1% to $8,612,000 for the quarter. The Company also reported net income of $308,000 for the quarter, compared to a net loss of $168,000 one year ago. ECHO says the revenue increase is due to the significant increase in bankcard and transaction processing revenue, and a reduction in research and development expenditures as the “VISA POS Check Service” program moved from beta testing to implementation. During the quarter, ECHO completed a full implementation of a major global specialty retailer, with close to 3,000 storefronts, into the VISA program. For complete details on ECHO’s second quarter results visit CardData ([www.carddata.com]).