Usio prepaid card solution featured in Mastercard’s new marketing campaign on next-generation solutions

SAN ANTONIO, August 23, 2022–(BUSINESS WIRE)–Usio, Inc. (Nasdaq: USIO), a leading provider of integrated cloud-based FinTech payment solutions, today announced that Mastercard has chosen to feature Usio as an example key to its Next Gen solutions in its new marketing campaign for Mastercard City Key™. The program presented was a prepaid Mastercard® issued by the New York City Economic Development Corporation (NYCEDC) on behalf of the City of New York, which was used to reward New York residents who received a COVID-19 booster shot.

“The City Key™ program we launched with the New York City Economic Development Corporation has accelerated New York City’s immunization rate and jump-started the city’s economic recovery from the pandemic,” said Jody Barnett, chief global cities, mobility and public transport. at MasterCard. “We are proud to work with innovative partners like Usio to deliver next-generation solutions that improve lives and have lasting impact.”

Louis Hoch, President and CEO of Usio, said, “Mastercard is a dynamic organization with a long history of introducing innovative new payment technologies. As part of a new marketing campaign around its “nextgensolutions”, Mastercard highlights the particularly impactful programs it has sponsored. Included is the program we worked on in tandem with Mastercard for the New York City Economic Development Corporation which distributed a $100 cash incentive payment to 900,000 New York residents who received their first dose of a COVID vaccine. -19. a prepaid card powered by Usio using our proprietary prepaid technology. Mastercard has been a valued partner of Usio for several years, and we are very flattered that they have chosen this program among the many they have sponsored as part of their new marketing campaign. We look forward to continuing to build this mutually beneficial relationship. »

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Mastercard + New York
Mastercard City Key™ is a solution used to aid in emergency response efforts that provides essential financial assistance to those in need. The New York City Economic Development Corporation (NYCEDC), on behalf of New York City, has launched an incentive program offering $100 to people who have received their first dose and a booster dose of the COVID-19 vaccine. The incentive program accelerated vaccination rates and enabled the city’s economic recovery by ensuring New Yorkers could safely return to work, support local restaurants and businesses, and visit arts and cultural institutions. NYCEDC has distributed over $90 million in $100 cash rewards to more than 900,000 New Yorkers through physical, postal and virtual debit cards.

About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading provider of integrated, cloud-based FinTech electronic payment solutions, offers a wide range of payment solutions to merchants, billers, banks, offices services, crypto exchanges and card issuers. The company operates credit, debit/prepaid and ACH payment processing platforms to provide its customers with convenient, world-class payment solutions and services. The Company, through its Usio Output Solutions division, offers services related to electronic invoice presentment, document composition, document breakdown, and printing and mailing services. The Company’s strength lies in its ability to provide tailor-made solutions for card issuance, payment acceptance and bill payment as well as its unique technology in the prepaid sector. Usio is headquartered in San Antonio, TX, with offices in Austin, TX and Franklin, TN, just outside of Nashville.

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Paul Manley, Senior Vice President of Investor Relations
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William L. Hart