Integration of Usio’s Innovative Payment
Technology is Key to BoosterHub’s Revolutionization of
Sports Clubs Operation
Proprietary
PayFac-in-a-Box Payment Technology Powering BoosterHub’s 300%
Growth Rate
Usio, Inc. (NASDAQ: USIO), a leading FinTech company that
operates a full stack of integrated, cloud-based payment and
embedded financial solutions, has once again been cited by a
long-term client as instrumental to its success and an integral
part of its strategy to revolutionize its industry. BoosterHub—the
leading provider of software designed specifically for booster
clubs to streamline, engage, and organize sports clubs–credits Usio
as one of the main reasons it has grown 300%.
Numerous Booster Clubs across the country have complimented
BoosterHub on the elegance and simplicity of its customer payment
interface, proprietary technology Usio integrated into BoosterHub’s
software platform. As BoosterHub has grown, Usio has continued to
support its payment technology needs with new, custom features that
continue to provide customers a seamless payment experience and
BoosterHub timely, accurate and compliant reporting and management
tools.
“We are pleased to celebrate our relationship with BoosterHub,
and we applaud them as one of the most remarkable growth stories in
the Sports Club Software operations space,” said Louis Hoch, CEO of
Usio, Inc. “Our proprietary PayFac-in-a-Box technology is the ideal
solution for small to mid-sized Independent Software Vendors (ISVs)
in need of payment technology that offers all of the contemporary
payment capabilities while being easy to implement and use. This is
a large and fast-growing segment of the software industry.
“We are proud to offer BoosterHub and others like them the
ability to accept any form of payment,” continued Hoch, “from
traditional credit or debit card to Apple Pay, and more, all the
while offering them an opportunity to share in the value of the
transactions flowing through their system. Our partnership with
BoosterHub goes well beyond processing transactions. Together,
we're not just streamlining processes; we're fueling growth and
fostering a winning spirit in the world of sports
organizations.”
Robin Eissler, CEO of BoosterHub, stated, “When we started
looking for a partner who could offer us a state-of-the-art
integrated payments solution that would be responsive to the needs
of the millions of boosters across the country, we were quickly
drawn to Usio. Sports clubs are a diverse group with a variety of
payments preferences, so we wanted to make sure we offered them a
flawless payment experience. We love our partnership with Usio. It
gives our clients seamless integration, personal service and great
rates. It allows us to build amazing software tools that maximize
the impact of volunteers. From that initial implementation, we
continue to add new features that expand our market opportunity and
have proven to be instrumental to our success.”
About BoosterHub
BoosterHub offers contacts, calendars, website, email, chat,
volunteering, accounting, credit card payments, and more all in one
easy-to-use platform.
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), is a leading Fintech that operates a
full stack of proprietary, cloud-based integrated payment and
embedded financial solutions in a single ecosystem to a wide range
of merchants, billers, banks, service bureaus and card issuers. The
Company operates credit/debit and ACH payment processing platforms,
as well as a turn-key card issuing platform to deliver convenient,
world-class payment solutions and services to its clients. The
Company, through its Usio Output Solutions division, offers
services relating to electronic bill presentment, document
composition, document decomposition and printing and mailing
services. 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 a
development office in Austin, Texas.
Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com
and www.usiooutput.com. Find us on Facebook® and Twitter.
FORWARD-LOOKING STATEMENTS DISCLAIMER
Except for the historical information contained herein, the
matters discussed in this press 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," "should," "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, 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 Clearing House
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 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, 2022.
One or more of these factors have affected, and in the future could
affect, the Company’s businesses and financial results and could
cause actual results to differ materially from plans and
projections. Although the Company believes that the assumptions
underlying the forward-looking statements included in this press
release are reasonable, the Company can give no assurance such
assumptions will prove to be correct. 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
press 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240312300217/en/
Paul Manley Senior Vice President, Investor Relations
paul.manley@usio.com 612-834-1804
Usio (NASDAQ:USIO)
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