Usio : rallies as it expects over 100% Y/Y growth in Q1 electronic payments volume
April 12, 2021 at 09:47 am EDT
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Usio rallies as it expects over 100% Y/Y growth in Q1 electronic payments volume
Usio ([[USIO]] +5.9%) has announced that it expects to report record total volumes for dollars processed; to exceed $1.8B, doubling of Q4 2020, previous record quarter of $920M. Its an excellent start to a year in which the Co. expect to see revenue growth of 50% and a significant improvement in profitability metrics."I am pleased to report that through our diverse payment channel strategy, all three of our segments, ACH, Card and Prepaid, are expected to report over 100% Y/Y growth in important key performance metrics." said Louis Hoch, President and CEO.
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Usio rallies as it expects over 100% Y/Y growth in Q1 electronic payments volume
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Usio Inc. published this content on 12 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2021 13:46:03 UTC.
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. 
