DGAP-News

Usio It Or Lose It: How This Company Says It Is Addressing Integrated Payment Solutions Needs

DGAP-News: USIO Usio It Or Lose It: How This Company Says It Is Addressing Integrated Payment Solutions Needs 15.08.2022 / 14:00 The issuer is solely responsible for the content of this announcement. E-commerce has been steadily growing for the past two decades.

Sales from retail e-commerce hit $919 billion in 2021 and are projected to top $1 trillion for the first time this year. People are spending more time visiting e-commerce sites, and while Amazon.com Inc. (NASDAQ: AMZN) dominates internet traffic as tracked by monthly visits, many companies are looking to expand their online options.

As retail sales and overall revenue continue to mount, companies are reportedly looking for better and more streamlined payment options that will allow them to give a better customer experience and a more organized internal revenue stream.

Several financial technology companies offer payment solutions and integration. While the largest of these remains Visa Inc. (NYSE: V), others such as Block Inc. (NYSE: SQ) and PayPal Holdings Inc. (NASDAQ: PYPL) offer various benefits in the market.

A Company Integrating Payment Solutions

Usio Inc. (NASDAQ: USIO) is one company that reports helping companies engage more seriously with the revenue stream demands of businesses that have both a physical and e-commerce presence.

A fintech company with over 20 years of experience serving a variety of verticals, Usio provides multiple solutions that are focused on streamlining the processes by which their customers accept or disburse payments— all customized directly to their clients needs. Usio says its turnkey payment solution platform is a one-stop answer to all a company’s in-going and out-going payments.

Usio’s products and services include ACH, Payment Facilitation, Prepaid Card Issuing, Electronic Bill Presentment and Payment (EBPP) as well as print and mail for those who elect to remit physical bills and invoices. By providing such a comprehensive suite of financial offerings, Usio has a wide array of clients, from software companies, merchants and billers to banks, service bureaus, municipalities and card issuers.