Usio, Inc. (USIO)

NASDAQ: USIO · IEX Real-Time Price · USD
3.30
0.30 (10.00%)
Jan 26, 2022 4:00 PM EST - Market closed

Company Description

Usio, Inc., together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States.

The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check, a consumer non-sufficient funds check that is presented for payment electronically rather than through the paper check collection system; and Accounts Receivable Check Conversion, a consumer paper check payment that is converted into an e-check.

The company also offers merchant account services for the processing of card-based transactions through the VISA, MasterCard, American Express, Discover, and JCB networks, including online terminal services accessed through a website or retail services accessed through a physical terminal.

In addition, it provides a proprietary web-based customer service application that allows companies to process one-time and recurring payments through e-checks or credit cards; and an interactive voice response telephone system to companies, which accept payments directly from consumers over the telephone using e-checks or credit cards.

Further, the company offers prepaid and incentive card issuance services; and operates a prepaid core-processing platform, as well as provides additional services, such as electronic bill presentment, document composition, document decomposition, and printing and mailing services for various industry verticals, including utilities and financial institutions.

It markets and sells ACH products and services primarily through resellers; and prepaid card program directly to government entities, corporations, and to consumers through the internet.

The company was formerly known as Payment Data Systems, Inc. and changed its name to Usio, Inc. in June 2019. Usio, Inc. was incorporated in 1998 and is headquartered in San Antonio, Texas.

Usio, Inc.
Usio, Inc. Logo
CountryUnited States
Founded1998
IndustryIT Services
SectorInformation Technology
Employees89

Contact Details

Address:
3611 Paesanos Parkway
San Antonio, TX 78231
United States
Phone210 249 4100
Websiteusio.com

Stock Details

Ticker SymbolUSIO
ExchangeNASDAQ
Fiscal YearJanuary - December
Reporting CurrencyUS Dollars
CIK Code1088034

Key Executives

NamePosition
Michael R. LongCo-Founder and Chairman
Louis A. HochCo-Founder, Vice-Chairman, President, Chief Executive Officer and Chief Operating Officer
Lowell Thomas Jewell CPA, CPASenior Vice President and Chief Financial Officer
Houston Korth FrostSenior Vice President of Corporate Development and Prepaid Products
Kenneth Wayne KellerChief Technology Officer and Senior Vice President
Joseph HassettInvestor Relations
Wayne Gonzales CFE, CFISenior Vice President of Risk Management and Compliance
Matt MorrisVice President of Marketing
Kyle Ruschman C.P.P.Vice President of Sales and Business Development
Joe Huch C.P.P.Vice President of Sales

Latest SEC Filings

DateTypeTitle
Jan 7, 20224Statement of changes in beneficial ownership of securities
Dec 30, 20218-KCurrent report
Dec 8, 20214Statement of changes in beneficial ownership of securities
Dec 3, 20214Statement of changes in beneficial ownership of securities
Dec 1, 20214Statement of changes in beneficial ownership of securities
Dec 1, 20214Statement of changes in beneficial ownership of securities
Nov 30, 20214Statement of changes in beneficial ownership of securities
Nov 26, 20214Statement of changes in beneficial ownership of securities
Nov 26, 20214Statement of changes in beneficial ownership of securities
Nov 26, 20214Statement of changes in beneficial ownership of securities
View All SEC Filings