Usio Announces Partnership Agreement to Integrate its Best-in-Class Payment Facilitation Solution with eVisit’s Industry-Le...
September 03 2019 - 9:00AM
Usio (Nasdaq: USIO), a tech-enabled payment solutions provider,
announced today that eVisit, a provider of an industry-leading
virtual care platform, has completed its integration to Usio’s
‘PayFac-in-a-Box’ technology. The relationship with eVisit
represents continued commitment to the healthcare sector.
Vaden Landers, EVP and Chief Revenue Officer at Usio, said, “We
are excited to partner with eVisit, another in a growing list of
healthcare providers that have chosen to integrate with our
PayFac-in-a-Box technology. As demand for healthcare exceeds market
supply, eVisit offers enterprise level providers with access to
virtual care technology focused on increasing patient access,
driving patient engagement, and enhancing patient retention through
its innovative digital health platform. We are excited to be a part
of the eVisit value creation story through the delivery of fully
embedded payment automation tools. And, to facilitate broad
adoption across the eVisit portfolio of healthcare clients, we are
removing the friction commonly associated with standing up and
activating a merchant account through our enrollment API’s, which
will expedite the flow of transactions and processing volumes.”
Miles Romney, CTO and Co-founder of eVisit, noted, "We're proud
to announce our exclusive payments partnership with Usio. The
control and flexibility Usio gives our embedded payments systems
will be a boon for us, and gives the hundreds of health systems,
hospitals, and clinics we power expanded reporting and processing
functions, as well as offering a unified system for both virtual
and on-site care. Our mission is to simplify healthcare delivery to
everyone, everywhere. This gets us closer."
About eVisiteVisit simplifies healthcare
delivery to everyone, everywhere with its market leading virtual
care platform that includes digital scheduling, intake, video
visits, discharge, and analytics for multiple medical specialties
and service lines. eVisit’s innovative cloud-based software enables
healthcare organizations to deliver faster, more convenient care to
their patients resulting in better outcomes, revenue, and
efficiencies for their organization. Based in Mesa, Arizona, eVisit
helps more than 200 healthcare organizations, including the largest
systems in the US, innovate and succeed in today’s changing
healthcare market. For more information, visit evisit.com.
About Usio, Inc.Usio, Inc. (Nasdaq: USIO), a
leading integrated payment solutions provider, offers a wide range
of payment solutions to merchants, billers, banks, service bureaus,
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 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 Franklin, Tennessee, just
outside of Nashville.
Websites: www.usio.com, www.singularpayments.com,
www.payfacinabox.com, www.akimbocard.com, and www.ficentive.com.
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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," "schedule," 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 the realization of the anticipated opportunities from
the Singular 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 our stock price, the need to obtain
additional financing, risks associated with new tax 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, 2018. One or more of these factors have affected, and
in the future, could affect our businesses and financial results in
the future and could cause actual results to differ materially from
plans and projections. We believe 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 our objectives and plans will be achieved.
All forward-looking statements made in this release are based on
information presently available to our management. We assume no
obligation to update any forward-looking statements, except as
required by law.
ContactsInvestor Relations:Joe
HassettGregory FCAjoeh@gregoryfca.com484-686-6600
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