Usio(NASDAQ) USIO

Usio helps businesses accept and send electronic payments quickly and securely. Its services let companies process card payments, issue prepaid cards, and manage bills online. Utilities, government agencies, and healthcare providers use Usio to simplify payments for their customers.

Products and Services

• ACH and Electronic Check Processing (26% of revenue): Enables businesses to accept payments directly from bank accounts, including converting paper checks to electronic payments.
• Credit and Debit Card Processing (35% of revenue): Lets merchants accept card payments in stores, online, or by phone, covering major card networks.
• Prepaid and Incentive Card Services (13% of revenue): Issues reloadable and single-use cards for payroll, rewards, or government disbursements, including cards for mobile wallets and wearables.
• Output Solutions (24% of revenue): Manages electronic and paper billing, document printing, and mailing for industries like utilities and finance.
• Payment Facilitation and Customer Service Tools: Offers a unified platform for onboarding, recurring payments, and customer support via web or phone.

Growth and Expansion

• Acquired PostCredit in 2025 to add expense management technology.
• Bought IMS in 2020, expanding document management and print/mail services.
• Launched wearable prepaid card program and expanded electronic bill presentment in 2025.
• Formed partnerships with Fifth Third Bank, Sunrise Bank, and TransPecos Bank for payment processing infrastructure.
• Invested in automation and new equipment for Output Solutions in 2025.

What Makes Usio Stand Out

Usio combines multiple payment types—ACH, cards, and prepaid—on one platform, making it easier for clients to manage payments. Its cloud-based technology and unified onboarding streamline operations for both businesses and their customers. The company’s NACHA certification and direct integration with the U.S. banking system set it apart in compliance and reliability.

Five Things You Need to Know

• Revenue was $85.4 million in 2025, up 3% from 2024.
• ACH services grew 33% year-over-year in 2025, reaching $22.2 million.
• Prepaid card revenue fell 22% in 2025 after losing a major customer.
• Processed $8.4 billion in payments in 2025, up 19% year-over-year.
• Net loss was $2.5 million in 2025, compared to $3.3 million net income in 2024.

Bottom Line

Usio has evolved by expanding its payment services and investing in automation. The company’s diversified offerings and partnerships help it adapt to changing client needs.