Usio Signs New ISV Agreement with BoosterHub to Provide Integrated Payments Platform to Thousands of Booster School Clubs


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SAN ANTONIO, October 26, 2021 (GLOBE NEWSWIRE) – Usio, Inc. (Nasdaq: USIO), a provider of FinTech and integrated electronic payment solutions, today announced a partnership with BoosterHub, LLC, which will bring the PayFac- in d’Usio A-Box payment solution to thousands of school recall clubs across the country. Usio’s payment solution will be fully integrated with BoosterHub’s cloud-based software that streamlines the management of recall clubs through easy club-to-club communication, e-commerce and point-of-sale solutions, volunteer management and other easy-to-use technological tools.

Louis Hoch, President and CEO of Usio, said: “This is why our PayFac-in-a-Box payment solution was designed: to allow ISVs like BoosterHub to easily integrate payment solutions. flexible payments in their applications so that they can simplify the payment experience for their own customers, regardless of the setting or method of payment. We welcome BoosterHub as a partner and look forward to developing a long and mutually beneficial relationship.

“Our partnership with Usio gives our customers an integrated payment solution that they desperately need,” said Robin Eissler, Team Mom at BoosterHub. “We chose Usio’s PayFac-in-a-Box platform because of its ability to manage payments in multiple settings. Our system streamlines the tasks of our users and allows them to use a single screen for all types of payments – online and in person. BoosterHub needed a payment system that could work seamlessly regardless of the setting and offer tremendous flexibility in payment options and that is exactly what Usio provides.

With Usio, BoosterHub users can easily manage a dealership booth, accept credit and debit cards, process ACH transactions and contactless payments, set up team merchandise e-commerce sites in minutes, generate reports, eliminate repetitive data entry and dramatically reduce the risk of fraud. . The fully integrated solution also makes it transparent to new users of the system, an important factor in managing the annual turnover of volunteers that these clubs often experience.

About BoosterHub, LLC

BoosterHub is cloud-based software that streamlines the management of booster clubs through easy club-to-club communication, e-commerce and point-of-sale solutions, volunteer management, and other easy-to-use technology tools. BoosterHub allows club volunteers to save time, increase funding, and eliminate park engagement. www.boosterhub.com/

About Usio, Inc.

Usio, Inc. (Nasdaq: USIO), a leading provider of FinTech integrated payment solutions, offers a wide range of payment solutions to merchants, billers, banks, service desks, crypto exchanges and card issuers. The Company operates credit, debit / prepaid and ACH payment processing platforms to provide convenient, world-class payment solutions and services to their customers. The company, through its Usio Output Solutions division, offers services related to electronic invoice submission, document composition, document decomposition, and printing and mailing services. The strength of the Company lies in its ability to provide tailor-made solutions for card issuance, payment acceptance and bill payments, as well as its unique technology in the prepaid industry. 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.payfacinabox.com, www.akimbocard.com and www.usiooutput.com. Find us on Facebook® and Twitter.

DISCLAIMER ON FORWARD-LOOKING STATEMENTS

With the exception of historical information contained in this document, the matters discussed in this press release include forward-looking statements which are covered by safety regulations. These statements include, but are not limited to, all statements regarding the intentions, beliefs and expectations of management, such as statements regarding our future and our operating and growth strategy. These forward-looking statements are identified by the use of words such as “believe”, “intend”, “intend”, “anticipate”, “expect” 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 an economic downturn resulting from the COVID-19 pandemic, the realization of opportunities arising from the acquisition of IMS, managing the growth of the Company, the loss of key resellers, relationships with the Automated Clearinghouse network, bank sponsors, card processing providers and third party merchants, security of our software, hardware and information, stock price volatility, the need for additional financing, the risks associated with new tax laws and compliance with complex federal, state and local laws and regulations, and ” other risks detailed from time to time in the Company’s files with the Securities and Exchange Commission, including ris its annual report on Form 10-K for the year ended December 31, 2020. One or more of these factors has affected, and may in the future, affect the business and financial results of the Company 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 press release will prove to be correct. In light of the material uncertainties inherent in the forward-looking statements included in this document, the inclusion of this information should not be taken as a representation by us or any other person that the objectives and plans will be achieved. All forward-looking statements contained in this press release are based on information currently available to management. The Company assumes no obligation to update forward-looking statements, except as required by law.

Contact:Joe Hassett, Investor Relations[email protected]484-686-6600

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Source: Usio, Inc.

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