Usio Reiterates Fiscal 2023 Revenue Growth Guidance of 18-20% - Seite 3

Full Year 2023 Processing Results

Card Processing, Including PayFac

v2022

Credit Card Dollars Processed

+6%

Credit Card Transactions Processed

+9%

Total dollars processed for Card was $1.4 billion for the year, a new full-year record.

Prepaid
		v2022
Prepaid Card Load Volume		+76%
Prepaid Card Transaction Volume		-10%
Prepaid Card Purchase Volume		+52%

Total dollars loaded on prepaid cards exceeded $371million in 2023, a new full-year record.

ACH
		v2022
Electronic Check Transaction Volume		-20%
Returned Check Transactions Processed		-15%
Electronic Check Dollars Processed		-35%

Output Solutions
		v2022
Transactions/pieces processed		+28%

Total pieces processed and mailed by Output Solutions in 2023 exceeded 25.6 million. Total electronic only documents, including statements, bills and other documents, processed and delivered exceeded 37.3 million. It is the first time that Output Solutions produced more electronic documents than paper ones. This led to increased gross margins for 2023 for Output Solutions.

For full year 2023, total dollars processed were $5.3 billion, down 26%, while total transactions processed were 37.2 million, down 9%, both due to a decrease in ACH arising from our exit from the crypto industry.

About Usio, Inc.

Usio, Inc. (Nasdaq: USIO), a leading, cloud-based, integrated FinTech electronic 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 their 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 offices in Austin, Texas. Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com. Find us on Facebook and Twitter.