Usio and Voyager Digital Extend Exclusive ACH Payments Processing Relationship for Another Three Years
08 December 2021 - 2:09AM
Usio, Inc. (Nasdaq: USIO), an integrated electronic payment
solutions provider, announced today that it extended an exclusive
agreement to provide Automated Clearing House (ACH) payment
solutions to leading cryptocurrency platform Voyager Digital (TSX:
VOYG; OTCQX: VYGVF; FRA: UCD2) for another three years, continuing
a relationship that began in 2018.
Louis Hoch, President and Chief Executive Officer of Usio, said,
“We are pleased to announce a three-year extension of this
exclusive agreement. It remains the foundation of our growing
relationship with Voyager, that now includes our role as program
manager and processor for their newly introduced debit card, as
well as incorporating Voyager’s technology into our card processing
solutions to enable the merchants Usio serves to accept
cryptocurrency as a form of payment in-person, online, via
electronic invoice and text-to-pay, among others. Voyager utilizes
our NACHA certified ACH platform to facilitate the movement of USD
in and out of Voyager accounts for their 1 million and growing
funded accounts. Whether via ACH, debit, or other forms of
electronic payment, we are honored that Voyager has expressed
confidence that Usio is responsive to their needs.”
Stephen Ehrlich, CEO and co-founder of Voyager, noted, “Usio has
been a trusted Voyager partner from the inception of our company.
ACH is an integral component of our app and Usio provides
efficient, secure transfers on behalf of our customers. As a NACHA
certified processor, Usio has the means to satisfy
the needs of our rapidly expanding customer base.
Extending this relationship for three years provides us with the
reliable payment technology and dedicated team we need to continue
to build out our platform. We are excited to continue working with
Usio to grow our partnership and deliver more exciting products and
solutions, like our innovative debit card that is based on the
stable coin USDC.”
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. Find us on Facebook® and Twitter.
About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a
fast-growing, publicly traded cryptocurrency platform in the United
States founded in 2018 to bring choice, transparency, and cost
efficiency to the marketplace. Voyager offers a secure way to trade
over 60 different crypto assets using its easy-to-use mobile
application and earn rewards up to 12 percent annually on more than
30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager
provides crypto payment solutions for both consumers and merchants
around the globe. To learn more about the company, please visit
https://www.investvoyager.com.
FORWARD-LOOKING STATEMENTS DISCLAIMERExcept 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
Relationsjoeh@gregoryfca.com610-228-2110
For VoyagerVoyager Public Relations
Teampr@investvoyager.com
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