Usio Welcomes Payments Veteran Mr. Jerry Uffner as Senior Vice President of Card Issuing Sales

Usio, Inc: (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced the appointment of Mr. Jerry Uffner, an accomplished leader with a proven track record of driving payment operation revenue growth, as Senior Vice President of Card Issuing Sales.

Before joining Usio, Mr. Uffner held the position of President at Tern Commerce, Inc, an early-stage fintech payment company where he helped spearhead the launch of their Fintech Banking as a Service (BaaS) platform and established Tern as a Program Manager. Mr. Uffner previously served as Senior Vice President of Prepaid at FIS, successfully stabilizing revenue and increasing EBITDA in the Prepaid Division after a period of decline. In addition, Uffner was enlisted to rejuvenate FirstView Financial, achieving an impressive 100% increase in revenue during his tenure. Uffner has demonstrated his ability by developing numerous new prepaid products with market differentiation and unique positioning, earning him accolades in the form of payment industry product innovation awards. Jerry’s extensive sales leadership experience also includes serving some of the most notable publicly traded FinTech organizations such as Worldpay and First Data and privately held FinTech companies, such as TransCard and InComm.

Jerry also currently serves as President and a Board Member at BackPack Blessings in Marietta, GA.

Houston Frost, Usio Senior Vice President of Card Issuing, stated, “With record card issuing revenue growth anticipated in 2023, Jerry Uffner is a welcomed addition to our team. Uffner’s leadership and sales experience will contribute to our continued growth planned for 2024 and beyond. We eagerly anticipate his expertise in implementing innovative payment strategies, forging strategic partnerships and leading high-performing prepaid card issuing sales.”

About Usio, Inc.

Usio, Inc. (Nasdaq: USIO), is a leading Fintech that operates a full stack of proprietary, cloud-based integrated payment and embedded financial solutions in a single ecosystem to a wide range of merchants, billers, banks, service bureaus and card issuers. The Company operates credit/debit and ACH payment processing platforms, as well as a turn-key card issuing platform to deliver convenient, world-class payment solutions and services to its clients. The Company, through its Usio Output Solutions division, offers services relating to electronic bill presentment, document composition, document decomposition and printing and mailing services. 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 a development office in Austin, Texas.