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ILD Announces Revenue Growth in Payment Processing Services Division for 2006

ILD achieved 67 percent growth in its payment processing services division this year. The increase is a result of growth in its core LEC billing base, expansion into alternate channels (direct and prepay) and the emergence of IETB.

The strong gains were experiencing in payment processing are largely due to success in new market penetration, large client acquisitions and our ability to quickly deliver settlement funds to our customers, said CEO and Chairman Mike Lewis.

Highlights of ILDs payment processing include billing more than 7 million transactions each month, invoicing via 1,300 local phone companies across the United States and Canada and deploying IP technology to support its San Antonio customer care facility, resulting in improved redundancy, flexibility and efficiency for increased customer satisfaction.


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