Usio, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 03, 2023 at 04:01 pm EDT
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Usio, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 21.45 million compared to USD 18.11 million a year ago. Net income was USD 0.014833 million compared to net loss of USD 1.62 million a year ago.
Usio, Inc. is a cloud-based, Fintech payment processor. It serves multiple industry verticals with technology that facilitates payment acceptance and funds disbursement in a single, full-stack ecosystem. It provides payment acceptance through multiple payment methods, including payment facilitation, prepaid card and electronic billing products and services to businesses, merchants and consumers. Through its Prepaid Debit Card platform, it offers a variety of prepaid card products, such as reloadable, incentive, promotional and corporate card programs. It provides integrated electronic payment processing services to merchants and businesses, including credit and debit card-based processing services and electronic funds transfer via the ACH network. Its card-based processing services enable merchants to process both traditional card-present, tap-and-pay, or swipe transactions, and card-not-present transactions. Its UsioCard platform supports Apple Pay, Samsung Pay and Google Pay.
USIO, INC. 
