Usio, Inc.

Usio is a cloud-based financial technology payment processor that offers technology for payment acceptance and funds disbursement within a single, integrated system. The company provides payment acceptance through various methods, including payment facilitation, prepaid card, and electronic billing products and services to businesses, merchants, and consumers. Since 1998, Usio has operated merchant services business lines, which now include Automated Clearing House (ACH) and complementary services, credit card processing, and prepaid cards. These services target various market verticals within the payments industry across the United States. The company launched with its Electronic Bill Presentment and Payment (EBPP) product, entering the electronic funds transfer space via the ACH network. Usio developed ancillary products such as PINless debit in 2016, and Remotely Created Checks (RCC), account validation, and account inquiry in 2019. In 2017, the credit card payment offering expanded with the development of Payment Facilitation (PayFac), which integrates payment options into a single platform. Through its Prepaid Debit Card platform, Usio offers various prepaid card products, including reloadable, incentive, promotional, and corporate card programs. The company also provides printing and mailing services for physical and virtual document creation and distribution, including traditional paper checks.