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CUSTOMER CONCENTRATION AND RISK
 9 Months Ended
Jun. 30, 2012
CUSTOMER CONCENTRATION AND RISK [Abstract]  
CUSTOMER CONCENTRATION AND RISK
NOTE 5-CUSTOMER CONCENTRATION AND RISK
We derive a significant portion of our revenue from a limited number of governmental customers.  Typically, the contracts allow these customers to terminate all or part of the contract for convenience or cause.  We have one client, the Internal Revenue Service, or IRS, which is the source of more than 10% of our revenues from Payment Solutions operations.

The following table shows the revenues specific to our contract with the IRS:
 
 
Nine months ended June 30,
 
(in thousands, except percentage)
 
2012
  
2011
 
Revenue
 
$
17,893
  
$
18,592
 
Percentage of Payment Solutions revenue
  
16.9
%
  
18.5
%
Accounts receivable, net.  We reported $4.4 million and $4.5 million in Accounts receivable, net on our Consolidated Balance Sheets for June 30, 2012 and September 30, 2011, respectively.  This item represents receivables from our customers and other parties that we expect to receive.  Approximately 4.1% and 7.0% of the balances reported at June 30, 2012 and September 30, 2011, respectively, represent Accounts receivable, net that is attributable to operations that we intend to wind down during fiscal 2013.  The remainder of the Accounts receivable, net balance is composed of receivables from certain of our Payment Solutions customers.  None of our customers have receivables that exceed 10% of our total receivable balance.  As of June 30, 2012 and September 30, 2011, Accounts receivable, net includes an allowance for uncollectible accounts of $0.2 million and $0.4 million, respectively.

Settlements receivable, net.  As of June 30, 2012 and September 30, 2011, we reported $12.8 million and $7.6 million, respectively, in Settlements receivable, net on our Consolidated Balance Sheets, which represents amounts due from credit or debit card companies or banks.  Individuals and businesses settle their obligations to our various clients, using credit or debit cards or via ACH payments.  We record a receivable for the amount due from the credit or debit card company or bank and an offsetting payable to the client.  Once we receive confirmation the funds have been received, we settle the obligation to the client.  See Note 8-Contingencies and Commitments for information about the settlements payable to our clients.