Usio Selected by Emphasys Software to Offer Best-in-Class Public Housing Authority Tenant Payment Solution
January 28 2021 - 9:00AM
Usio (Nasdaq: USIO), a tech-enabled payment solutions provider,
announced today that Emphasys Software, a leading provider of
software solutions to public housing authorities (PHAs), housing
finance agencies, local governments and financial lenders, has
partnered with Usio to create MyTenantPayments, a new portal that
will service Emphasys’ over 200 PHAs.
“Due to the COVID-19 pandemic, we have seen an
expressed desire from many of the PHA’s we serve to eliminate, as
much as possible, the in-person acceptance of paper checks and card
payments. The MyTenantPayments portal allows Emphasys to offer an
online payment solution to our 200+ Public Housing Authority
customers who process about $800 million in annual tenant
receivables,” said Larry Huckle, VP of Sales and Marketing at
Emphasys Software. He continued, “We have created an integrated and
electronic processing infrastructure inside of the Emphasys
software that can handle both card and ACH payments, affording
tenants the ability to easily and conveniently remit payments.
MyTenantPayments solves for these challenges and completely
mitigates in-person payments by providing PHA’s the ability to
collect tenant payments electronically via various payment methods,
including ACH (eCheck), credit and debit card. We’re confident PHAs
will embrace the technology of MyTenantPayments as accepting
payments electronically improves cash flows, eliminates the manual
processes of receiving and depositing paper checks, and reduces
costs overall.”
Commenting on the partnership, Greg Carter,
Senior Vice President of Payment Facilitation at Usio, said,
“Utilizing our proprietary Payfac-in-a-BoxTM technology, Emphasys
will now offer a truly integrated payments functionality that will
benefit PHAs, tenants, landlords, vendors, and the network of
related entities associated with supporting affordable housing.
With the beta testing phase successfully completed, we will now
begin to migrate additional PHA’s onto our platform, which should
lead to increased transactions and volume over the coming months.
This is an exciting opportunity for Usio to further penetrate a
large and growing vertical market where we are establishing a
strong foundation.”
About Emphasys Software
As a pioneer of enterprise software for public
housing authorities, Emphasys has set the standard for innovative
compliance-based business solutions since 1976. Emphasys’ software
is used to help manage and house nearly one million families
through over 200 of the nation’s leading and many of the nation’s
largest public housing authorities using our technology. Emphasys
offers a complete suite of enterprise software applications with
service and support that automates business processes efficiently
and effectively.
Website: http://www.emphasys-software.com/. Find us on
Facebook®, LinkedIn®, and Twitter®.
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. Find us on Facebook® and Twitter.
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
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strategy. These forward-looking statements are identified by the
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that could cause actual results to vary, including
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opportunities from the IMS acquisition, the management of the
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with new tax legislation, and compliance with complex federal,
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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, 2019. One or more of these
factors have affected, and in the future, could affect the
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cause actual results to differ materially from plans and
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the forward-looking statements included in this release will prove
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or any other person that the objectives and plans will be achieved.
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ContactInvestor
Relations: Joe
Hassett Gregory
FCAjoeh@gregoryfca.com484-686-6600
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