PaySign, Inc. (PAYS)

NASDAQ: PAYS · IEX Real-Time Price · USD
+0.06 (2.40%)
At close: Jun 2, 2023, 4:00 PM
+0.12 (4.69%)
After-hours: Jun 2, 2023, 4:51 PM EDT

Company Description

PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications.

It offers various services, such as transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a proprietary card-processing platform.

The company also develops prepaid card programs for corporate incentive and rewards, including consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments, and pharmaceutical payment assistance; and payroll or general purpose reloadable cards, as well as gift or incentive cards.

In addition, it offers and Per Diem/Corporate Expense Payments that allows businesses, and non–profits and government agencies the ability to control employee spending while reducing administration costs by eliminating the need for traditional expense reports.

Further, the company provides payment claims processing and other administrative services; pharmacy-based voucher and copay, and medical claims and debit-based affordability programs; PaySign Premier, a demand deposit account debit card; and payment solution for source plasma collection centers, as well as customer service center and PaySign Communications Suite services.

Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and Mexico.

The company was formerly known as 3PEA International, Inc. and changed its name to PaySign, Inc. in April 2019.

PaySign, Inc. was incorporated in 1995 and is based in Henderson, Nevada.

PaySign, Inc.
PaySign logo
Country United States
IPO Date Apr 2, 1998
Industry Software - Infrastructure
Sector Technology
Employees 110
CEO Mark R. Newcomer

Contact Details

2615 St. Rose Parkway
Henderson, Nevada 89052
United States
Phone 702-453-2221

Stock Details

Ticker Symbol PAYS
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001496443
CUSIP Number 70451A104
ISIN Number US70451A1043
Employer ID 95-4550154
SIC Code 7389

Key Executives

Name Position
Mark R. Newcomer Co-Founder, Chairman and Chief Executive Officer
Jeffery B. Baker Chief Financial Officer and Treasurer
Robert P. Strobo Esq. General Counsel, Chief Legal Officer and Corporate Secretary
Joan M. Herman Executive Vice President of Operations and Exec. Director
Matthew Lanford Chief Operating Officer, President and Director
Brad Cunningham Chief Technology Officer
James McCroy Executive Vice President of Strategic Development/IR
Eric Trudeau Chief Compliance Officer
Dennis M. DiVenuta J.D. Executive Vice President of Strategy and Corporate Development
Alicia Ches Director of Marketing

Latest SEC Filings

Date Type Title
May 11, 2023 10-Q Quarterly Report
May 10, 2023 8-K Current Report
May 9, 2023 8-K Current Report
Mar 28, 2023 8-K Current Report
Mar 24, 2023 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 24, 2023 DEF 14A Other definitive proxy statements
Mar 22, 2023 10-K Annual Report
Mar 22, 2023 8-K Current Report
Mar 22, 2023 8-K Current Report
Feb 27, 2023 8-K Current Report