Usio Chosen as Program Manager and Processor for the Voyager Debit Mastercard®
19 Noviembre 2021 - 8:00AM
Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated payment
solutions provider, today announced that it has been selected by
Voyager Digital (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2), in a
three-year exclusive agreement, to be the program manager and
processor for their newly introduced debit card, the first USD Coin
(“USDC”) -based debit card that pays up to 9% annual rewards.
Louis Hoch, Usio’s President and Chief Executive Officer,
stated, “I am thrilled to announce the continued growth of our
relationship with Voyager Digital supporting the debit card needs
of their 2.7 million registered users. We are proud to have
developed the technology that enables Voyager to base their debit
card on USDC, a stable coin priced 1-to-1 to the US dollar, while
offering their customers a predictable and rewarding way to hold
and easily spend crypto as well as offering their Voyager Loyalty
Program members even higher rewards.”
Steve Ehrlich, CEO and co-founder of Voyager, said, “Usio is a
valued partner that continues to provide us with innovative
solutions to our growing electronic payment technology needs. The
Voyager Debit Card gives cardholders a rewarding way to hold crypto
and make it instantly available to spend on everyday purchases with
the convenience of a debit card around the world. Usio answered the
call with an elegant solution to this complex challenge. We look
forward to growing our mutually beneficial relationship.”Under this
agreement, Usio will support the new Voyager Debit Card that will
allow cardholders to spend cryptocurrency at the point of sale or
earn rewards in cryptocurrency from debit card spending. Using
Usio’s flexible APIs and industry leading technology, Voyager can
provide its users with a contemporary consumer experience. In
addition, Usio’s instant issuance will allow cards to be
immediately deployed into digital wallets.Consumers can
pre-register for the Voyager Debit Card through
www.investvoyager.com/debitcard.
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated payment
solutions provider, offers a wide range of payment solutions to
merchants, billers, banks, service bureaus, crypto exchanges and
card issuers. The Company operates credit, debit/prepaid, and ACH
payment processing platforms to deliver convenient, world-class
payment solutions and services to its clients. The strength of the
Company lies in its ability to provide tailored solutions for card
issuance, payment acceptance, and bill payments as well as its
unique technology in the prepaid sector. Usio is headquartered in
San Antonio, Texas, and has offices in Austin, Texas and Franklin,
Tennessee, just outside of Nashville. Websites: www.usio.com,
www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com.
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FORWARD-LOOKING STATEMENTS DISCLAIMER
Except for the historical information contained herein, the
matters discussed in this release include forward-looking
statements which are covered by safe harbors. Those statements
include, but may not be limited to, all statements regarding
management's intent, belief and expectations, such as statements
concerning our future and our operating and growth strategy. These
forward-looking statements are identified by the use of words such
as "believe," "intend," "look forward," "anticipate," "continue,”
and "expect" among others. Forward-looking statements in this press
release are subject to certain risks and uncertainties inherent in
the Company's business that could cause actual results to vary,
including such risks related to an economic downturn as a result of
the COVID-19 pandemic, the realization of opportunities from the
IMS acquisition, the management of the Company's growth, the loss
of key resellers, the relationships with the Automated
Clearinghouse network, bank sponsors, third-party card processing
providers and merchants, the security of our software, hardware and
information, the volatility of the stock price, the need to obtain
additional financing, risks associated with new legislation, and
compliance with complex federal, state and local laws and
regulations, and other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission
including its annual report on Form 10-K for the fiscal year ended
December 31, 2020. One or more of these factors have affected,
and in the future, could affect the Company’s businesses and
financial results in the future and could cause actual results to
differ materially from plans and projections. The Company believes
that the assumptions underlying the forward-looking statements
included in this release will prove to be accurate. In light of the
significant uncertainties inherent in the forward-looking
statements included herein, the inclusion of such information
should not be regarded as a representation by us or any other
person that the objectives and plans will be achieved. All
forward-looking statements made in this release are based on
information presently available to management. The Company assumes
no obligation to update any forward-looking statements, except as
required by law.
Contact:
Joe Hassett, Investor Relations
joeh@gregoryfca.com
484-686-6600
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