Usio, Inc. (USIO) NASDAQ

1.73

-0.03(-1.70%)

Updated at July 30 04:00PM

Currency In USD

Usio, Inc.

Address

3611 Paesanos Parkway

San Antonio, TX 78231

United States of America

Phone

210 249 4100

Sector

Technology

Industry

Information Technology Services

Employees

107

First IPO Date

February 22, 1999

Key Executives

NameTitlePayYear Born
Mr. Louis A. HochCo-Founder, Chairman, President, Chief Executive Officer & Chief Operating Officer1.07M1966
Mr. Kenneth Wayne KellerChief Technology Officer & Senior Vice President117,5431966
Mr. Larry Morrison C.P.P.Senior Vice President of Business Development164,5621960
Mr. Michael WhiteSenior Vice President, Chief Accounting Officer and Principal Accounting & Financial Officer194,8641997
Mr. Houston Korth FrostChief Product Officer240,2131982
Mr. Gregory Mark CarterExecutive Vice President of Payment Acceptance & Chief Revenue Officer281,5471964
Mr. Joseph Saahene AAP, C.P.P., CFE, J.D., M.B.A.Vice President & General Counsel0N/A
Mr. Paul M. ManleySenior Vice President of Investor Relations0N/A
Mr. Joe Huch C.P.P.Vice President of Sales0N/A
Mr. Wayne Gonzales AAP, CAMS, CFE, CFISenior Vice President & Chief Compliance Officer0N/A

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.