Tranche Update on Usio, Inc.'s Equity Buyback Plan announced on May 12, 2022.
March 27, 2024 at 08:01 pm
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From October 1, 2023 to December 31, 2023, the company has repurchased 210,546 shares, representing 0.8% for $0.39 million. With this, the company has completed the repurchase of 838,231 shares, representing 3.27% for $1.72 million under the buyback announced on May 12, 2022.
Usio, Inc. is a cloud-based, Fintech payment processor. It serves multiple industry verticals with technology that facilitates payment acceptance and funds disbursement in a single, full-stack ecosystem. It provides payment acceptance through multiple payment methods, including payment facilitation, prepaid card and electronic billing products and services to businesses, merchants and consumers. Through its Prepaid Debit Card platform, it offers a variety of prepaid card products, such as reloadable, incentive, promotional and corporate card programs. It provides integrated electronic payment processing services to merchants and businesses, including credit and debit card-based processing services and electronic funds transfer via the ACH network. Its card-based processing services enable merchants to process both traditional card-present, tap-and-pay, or swipe transactions, and card-not-present transactions. Its UsioCard platform supports Apple Pay, Samsung Pay and Google Pay.