SAN ANTONIO, September 3, 2019 (GLOBE NEWSWIRE) - Usio (Nasdaq: USIO), a tech-enabled payment solutions provider, announced today that eVisit, a provider of an industry-leading virtual care platform, has completed its integration to Usio’s ‘PayFac-in-a-Box’ technology. The relationship with eVisit represents continued commitment to the healthcare sector.
Vaden Landers, EVP and Chief Revenue Officer at Usio, said, “We are excited to partner with eVisit, another in a growing list of healthcare providers that have chosen to integrate with our PayFac-in-a-Box technology. As demand for healthcare exceeds market supply, eVisit offers enterprise level providers with access to virtual care technology focused on increasing patient access, driving patient engagement, and enhancing patient retention through its innovative digital health platform. We are excited to be a part of the eVisit value creation story through the delivery of fully embedded payment automation tools. And, to facilitate broad adoption across the eVisit portfolio of healthcare clients, we are removing the friction commonly associated with standing up and activating a merchant account through our enrollment API’s, which will expedite the flow of transactions and processing volumes.”
Miles Romney, CTO and Co-founder of eVisit, noted, "We're proud to announce our exclusive payments partnership with Usio. The control and flexibility Usio gives our embedded payments systems will be a boon for us, and gives the hundreds of health systems, hospitals, and clinics we power expanded reporting and processing functions, as well as offering a unified system for both virtual and on-site care. Our mission is to simplify healthcare delivery to everyone, everywhere. This gets us closer."
eVisit simplifies healthcare delivery to everyone, everywhere with its market leading virtual care platform that includes digital scheduling, intake, video visits, discharge, and analytics for multiple medical specialties and service lines. eVisit’s innovative cloud-based software enables healthcare organizations to deliver faster, more convenient care to their patients resulting in better outcomes, revenue, and efficiencies for their organization. Based in Mesa, Arizona, eVisit helps more than 200 healthcare organizations, including the largest systems in the US, innovate and succeed in today’s changing healthcare market. For more information, visit evisit.com.
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, 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 Franklin, Tennessee, just outside of Nashville.
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Except 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 the realization of the anticipated opportunities from the Singular 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 our 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, 2018. One or more of these factors have affected, and in the future, could affect our businesses and financial results in the future and could cause actual results to differ materially from plans and projections. We believe 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 our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.