Usio Continues to be the Bankruptcy Software Industry’s PayFac Platform of Choice
February 02 2021 - 9:00AM
Usio, Inc. (Nasdaq: USIO), an integrated electronic payment
solutions provider, today announced that it has signed a
partnership agreement with NextChapter, a leading developer of
legal software that provides attorneys with an efficient, intuitive
and affordable application to help them better serve their
bankruptcy clients. With the addition of NextChapter, two of the
three largest bankruptcy legal software developers have now chosen
Usio and its Payfac-in-a-Box™ technology as their electronic
payments solution provider.
Greg Carter, Senior Vice President of Payment
Facilitation at Usio, said, “We are extremely pleased to have
entered into this partnership with NextChapter. As our latest legal
software partnership, this agreement further illustrates how legal
software developers are increasingly adopting our proprietary
Payfac-in-a-Box solution as the industry’s preferred payments
technology. NextChapter will leverage Usio’s Payment Facilitation
platform to provide an integrated payment experience to the
thousands of bankruptcy law practices they support. The legal
software industry remains a key focus of our growth initiatives,
and the addition of NextChapter clearly indicates that our payments
technology is viewed as a valuable asset by these dynamic and
forward-thinking institutions.”
Janine Sickmeyer, CEO of NextChapter, said,
"Partnering with Usio provides an incredible opportunity for our
attorneys and their clients. With the payment integration,
NextChapter attorneys can securely process client payments online
using our bankruptcy software through a client-facing portal. This
is a game-changer for NextChapter users because it makes it
possible to collect legal fees faster and with ease while
maintaining compliance and generating more revenue for their
firm."
About NextChapterNextChapter
transforms the messy and complicated process of preparing
bankruptcy forms into a streamlined, easy-to-use app. Built by
former paralegal and tech entrepreneur, Janine Sickmeyer,
NextChapter’s secure, online web application allows attorneys and
their staff to prepare Chapters 7, 11, 12, and 13 bankruptcy cases
using automated workflows, integrations, client texting, hearing
schedulers, client intake portals, case management tools, firm
customizations, and more. Additionally, NextChapter goes beyond
bankruptcy law with document assembly and case management for all
practice areas. Based in Columbus, OH, NextChapter was founded in
2013, launched in 2016, and acquired by Fastcase in 2019. For more
information, follow NextChapter on Twitter
at @NextChapterBK or visit nextchapterbk.com.
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading integrated
payment solutions provider, offers a wide range of payment
solutions to merchants, integrated software vendors, 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 Austin, Texas, and Franklin,
Tennessee, just outside of Nashville.
Websites: www.usio.com, www.singularpayments.com, www.payfacinabox.com, www.akimbocard.com, www.ficentive.com,
and www.totalims.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
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
risks related to the COVID-19 pandemic and its effect on the
economy, risks related to the realization of the anticipated
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 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, 2019. 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.
ContactInvestor
Relations:Joe HassettGregory
FCAjoeh@gregoryfca.com484-686-6600
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