Usio, Inc. announced it had entered into a Strategic Partnership with Genius Avenue. Genius Avenue has selected Usio to power their new, comprehensive FinTech solution focused on regulated enterprise businesses particularly in insurance, benefits, and healthcare. This unique new solution will leverage Usio?s state-of-the-art technology to deliver a comprehensive suite of payment capabilities, including ACH payment processing and a prepaid card program for digital disbursement, as well as other innovative financial management tools, such as commission automation.

All of these capabilities will be integrated with Genius Avenue?s advanced member management and sales platforms. This partnership will increase the value delivered to end users by enhancing the financial capabilities and improving the experience of customers. Genius Avenue powers the insurance and benefits industry with custom capabilities and innovative, customer-centric platform solutions that connect products to consumers and increase the bottom line. Through this partnership, Genius Avenue will now be able to offer businesses an array of enhanced financial technology solutions, including: Commissions & Incentives - an automated hub centralizing commission and incentive payment management, consolidating data from various platforms, elevating user experiences, reducing overhead costs and streamlining internal operations.

Payments Facilitation - a digital payment platform streamlining onboarding and management of ACH, credit & debit transactions; leverages Usio API and enhances operational efficiency. PayFac+ - A payment facilitation solution with dynamic fund issuing and acquiring, integrating solutions such as TPA/member management and upcoming functionalities like Genius Store Front, a product marketplace, as well as digital disbursements. Point of Sale Lending - An integrated lending platform for merchants, leveraging API integrations with Usio for payments and Tua for user lending, enhancing both merchant and user experiences.

Digital Disbursements - An adaptable digital payment platform that assists businesses in handling a range of disbursement methods, including prepaid cards, e-wallets, and virtual bank accounts. This platform provides clients and consumers with payment flexibility, seamlessly integrates with the Usio API, and enhances operational efficiency.