USIO Usio, Inc.

Margins & Returns

Usio, Inc., established in 1998 and headquartered in San Antonio, Texas, is a company specializing in delivering comprehensive electronic payment solutions to a diverse client base of merchants and enterprises throughout the United States. The company's offerings encompass a broad spectrum of automated clearing house (ACH) processing options, in addition to services for credit, debit, and prepaid card transactions. Key ACH services include the electronic re-presentation of non-sufficient funds (NSF) consumer checks, known as "Represented Check," and the conversion of consumer paper checks into electronic payments for accounts receivable, termed "Accounts Receivable Check Conversion." Usio further provides merchant account services, facilitating the processing of card-based payments across major networks such as VISA, MasterCard, American Express, Discover, and JCB. These services are accessible through online terminals via a website or through physical terminals for retail operations. The firm has also developed a proprietary web-based platform that enables businesses to manage both one-time and recurring payments using e-checks or credit cards. Complementing this, an interactive voice response (IVR) telephone system is available, empowering companies to accept direct customer payments over the phone, also utilizing e-checks or credit cards. Usio is actively involved in the issuance of prepaid and incentive cards and operates a dedicated platform for core prepaid processing. Beyond its primary payment solutions, the company extends its services to include electronic bill presentment, document composition and decomposition, and comprehensive printing and mailing services. These additional offerings cater to various industry verticals, including utility providers and financial institutions. Its ACH products and services are primarily distributed through a network of resellers, while its prepaid card programs are marketed directly to governmental bodies, corporations, and consumers online. The company adopted its current name, Usio, Inc., in June 2019, having previously operated as Payment Data Systems, Inc.