Usio, Inc. (Nasdaq: USIO), a FinTech and integrated electronic
payment solutions provider, announced today that it has partnered
with Voyager Digital, the fast-growing cryptocurrency app and
platform, to enable its merchants to accept many prominent
cryptocurrencies as payment.
Louis Hoch, President and Chief Executive Officer of Usio, said,
“Since its inception, Usio has been an innovator in the FinTech
industry. The introduction of new technology that enables our
merchants to accept various types of cryptocurrencies as a form of
tender for all of our payment acceptance solutions further
illustrates our commitment to forward-thinking thought leadership
in the industry. Use of cryptocurrency is on the rise. Providing
our merchants with the ability to accept crypto safely and
securely, just like we provide with traditional electronic payment
options, will enable the merchants and ISV’s we serve to meet the
increasingly diverse payment needs of their customers, which we
anticipate will increase customer participation, retention and
revenue. The development of this new technology further reinforces
our commitment to cryptocurrency markets, which already includes
supporting the electronic payment and disbursement needs of crypto
exchanges and related organizations.”
Stephen Ehrlich, CEO and Co-Founder of Voyager said, “We are
pleased to build on our strong, long-term relationship with Usio by
partnering on this exciting, new initiative to facilitate
cryptocurrency payments globally at the merchant and ISV-level. The
combination of Usio’s innovative, client-facing technology and
Voyager’s state-of-the-art, scalable and secure payment offering,
via our recent Coinify acquisition, is coming together just as the
adoption of cryptocurrency as a form of payment is experiencing
exponential growth. This new program will provide both merchants
and ISVs an efficient, cost-effective, and seamless tool that
responds to the evolution in payment trends.”
Usio’s unique new product will enable merchants to accept
cryptocurrency as payment in-person, online, via electronic invoice
or text-to-pay, among others, and can be transacted using the
Voyager app. Usio will support as many as sixty cryptocurrencies
across the globe, making it simple, convenient, and safe. This is a
new way for Usio merchants to allow customers to checkout with
cryptocurrency for online purchases, donations, tax payments and
more. The introduction of a crypto option reinforces
our commitment to offering Usio merchants more convenient options
for their customers to pay. Customers can check out safely and
easily, quickly converting cryptocurrency holdings to US dollars at
checkout, with clear conversion rates and no additional fees--all
in real time with no exchange risk in price fluctuation that some
non-stable crypto currencies experience.
Usio expects this service to be available in late 2021.
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 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 and www.usiooutput.com.
About Voyager Digital Ltd.
Voyager Digital Ltd. (CSE: VYGR; OTCQX: VYGVF; FRA: UCD2) is the
fast-growing, publicly traded cryptocurrency platform founded in
2018 to bring choice, transparency, and cost efficiency to the
marketplace. Voyager offers a secure way to invest and trade in
over 60 different crypto assets, with zero commissions, using its
easy-to-use mobile application, and earn rewards of up to 12
percent APY 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.
Neither the Canadian Securities Exchange nor its Market
Regulator (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or
accuracy of this release. No securities regulatory authority has
either approved or disapproved of the contents of this
press release.
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 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 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, 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.com484-686-6600
Michael LeggChief Communications Officer,
Voyager Digital(212) 547-8807mlegg@investvoyager.com
Voyager Public Relations Team pr@investvoyager.com
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