NJ-based Heartland Payment Systems posted record revenues of $278 million for the second quarter, a 33% increase compared 2Q/05. Net income for the three months was $7.4 million an increase of 70%, compared to one-year ago. HPS says record merchant processing volumes, which grew 29% over the year ago period and reached almost $11 billion in the second quarter drove the growth. The Company says 78% of new merchants installed and 62% of total transactions processed during the quarter were on HPS Exchange. The Company’s active card processing merchant count rose to 124,800 at mid-year, a 23% increase over the past twelve months. However, same store sales at its installed base rose 4.8%, below the level of growth the company has experienced in recent years. For the year, HPS is raising its guidance, and now expects net revenue (total revenue less interchange, dues and assessments) to grow by 28% to 30%. HPS serves nearly 128,000 small to medium-sized merchants throughout the USA. For complete details on Heartland Payment Systems latest results visit CardData ([www.carddata.com]).