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Condensed Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 371,916 $ 787,147
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Stock option expense 258,929 224,392
Depreciation and amortization expense 735,606 620,620
Provision for doubtful accounts 160,893 26,711
Loss on disposal of equipment 2,950  
Changes in operating assets and liabilities    
Decrease (increase) in settlement assets 780,213 (164,716)
Decrease in accounts receivables, prepaid expenses and other current assets 143,279 414,406
Increase in security deposits and other assets (90,102) (4,146)
Decrease in accounts payable, accrued expenses and other long-term liabilities (1,590,373) (612,054)
(Decrease) increase in due to merchants (830,321) 205,391
Other (19,876) 13,068
Net cash (used in) provided by operating activities (76,886) 1,510,819
Cash flows from investing activities:    
Insurance proceeds 100,000  
Decrease in restricted cash   53,311
Purchase of property and equipment (405,739) (53,674)
Capitalized software development (375,066) (418,527)
Purchase of intangible assets (22,701) (21,951)
Net cash used in investing activities (703,506) (440,841)
Cash flows from financing activities:    
Proceeds from issuance of common stock 106,250 41,989
Principal payments on capital lease obligations (91,175) (105,614)
Payment of IPO costs   (103,980)
Net cash provided by (used in) financing activities 15,075 (167,605)
Effect of exchange rate changes on cash and cash equivalents(*) 0 [1] 0 [1]
Net (decrease) increase in cash and cash equivalents (765,317) 902,373
Beginning of period 6,002,457 7,671,963
End of period 5,237,140 8,574,336
Cash paid for:    
Interest 14,454 14,811
Income taxes 103,227 110,030
Non cash investing and financing activities:    
Assets acquired under capital leases 115,032 171,380
Accrued capitalized hardware, software and fixed assets 197,445  
Capitalized stock-based compensation 13,624  
Accrued IPO Costs   $ 111,806
[1] For the three months ended March 31, 2013 and 2012, the effect of exchange rate changes on cash and cash equivalents was inconsequential.