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SAN ANTONIO, Jan 28, 2021 (World NEWSWIRE through COMTEX) —
SAN ANTONIO, Jan. 28, 2021 (World NEWSWIRE) — Usio (Nasdaq: USIO), a tech-enabled payment answers company, introduced now that Emphasys Application, a major service provider of computer software solutions to community housing authorities (PHAs), housing finance agencies, area governments and money loan companies, has partnered with Usio to create MyTenantPayments, a new portal that will service Emphasys’ in excess of 200 PHAs.
“Thanks to the COVID-19 pandemic, we have noticed an expressed desire from a lot of of the PHA’s we provide to remove, as significantly as possible, the in-particular person acceptance of paper checks and card payments. The MyTenantPayments portal enables Emphasys to present an on-line payment option to our 200+ Community Housing Authority prospects who process about $800 million in annual tenant receivables,” mentioned Larry Huckle, VP of Profits and Advertising at Emphasys Software package. He ongoing, “We have created an built-in and digital processing infrastructure inside of the Emphasys program that can deal with equally card and ACH payments, affording tenants the means to simply and conveniently remit payments. MyTenantPayments solves for these problems and entirely mitigates in-individual payments by supplying PHA’s the ability to collect tenant payments electronically via several payment strategies, which include ACH (eCheck), credit and debit card. We’re self-assured PHAs will embrace the technological know-how of MyTenantPayments as accepting payments electronically enhances hard cash flows, removes the guide processes of getting and depositing paper checks, and reduces expenses overall.”
Commenting on the partnership, Greg Carter, Senior Vice President of Payment Facilitation at Usio, said, “Using our proprietary Payfac-in-a-BoxTM technologies, Emphasys will now offer a really built-in payments functionality that will advantage PHAs, tenants, landlords, suppliers, and the network of similar entities related with supporting cost-effective housing. With the beta tests stage efficiently done, we will now commence to migrate added PHA’s onto our system, which should really guide to elevated transactions and volume more than the coming months. This is an fascinating option for Usio to even more penetrate a large and developing vertical marketplace the place we are creating a potent basis.”
About Emphasys Software
As a pioneer of organization software package for public housing authorities, Emphasys has established the normal for modern compliance-centered business enterprise methods since 1976. Emphasys’ software is used to support handle and property just about just one million family members by way of above 200 of the nation’s foremost and a lot of of the nation’s major general public housing authorities using our technologies. Emphasys offers a complete suite of company software package purposes with support and aid that automates enterprise procedures effectively and correctly.
Internet site: http://www.emphasys-program.com/. Discover us on Fb(R), LinkedIn(R), and Twitter(R).
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a major built-in payment methods provider, provides a huge array of payment alternatives to retailers, billers, banking institutions, assistance bureaus, and card issuers. The Enterprise operates credit history, debit/prepaid, and ACH payment processing platforms to produce hassle-free, earth-course payment alternatives and solutions to their clients. The strength of the Firm lies in its capacity to present tailor-made solutions for card issuance, payment acceptance, and monthly bill payments as perfectly as its distinctive technologies in the prepaid sector. Usio is headquartered in San Antonio, Texas, and has places of work in Franklin, Tennessee, just exterior of Nashville.
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Besides for the historical information and facts contained herein, the issues talked over in this release contain forward-wanting statements which are included by protected harbors. Those people statements involve, but could not be constrained to, all statements regarding management’s intent, belief and anticipations, this sort of as statements concerning our long term and our running and growth technique. These ahead-looking statements are determined by the use of words these kinds of as “think,” “intend,” “seem ahead,” “foresee,” “agenda,” and “assume” among the some others. Forward-on the lookout statements in this push launch are subject to certain dangers and uncertainties inherent in the Firm’s company that could bring about precise results to vary, like pitfalls relevant to the COVID-19 pandemic and its outcome on the financial system, challenges similar to the realization of the expected chances from the IMS acquisition, the administration of the Firm’s progress, the loss of essential resellers, the interactions with the Automated Clearinghouse community, bank sponsors, 3rd-party card processing providers and retailers, the security of our application, components and facts, the volatility of the inventory selling price, the have to have to receive added financing, hazards associated with new tax legislation, and compliance with complicated federal, point out and regional regulations and restrictions, and other hazards specific from time to time in the Firm’s filings with the Securities and Trade Commission together with its yearly report on Form 10-K for the fiscal yr finished December 31, 2019. One particular or more of these things have impacted, and in the long term, could have an effect on the Company’s businesses and monetary outcomes in the potential and could bring about true results to differ materially from plans and projections. The Business believes that the assumptions fundamental the ahead-searching statements bundled in this release will show to be correct. In mild of the sizeable uncertainties inherent in the ahead-seeking statements integrated herein, the inclusion of these kinds of information need to not be regarded as a illustration by us or any other person that the aims and plans will be accomplished. All forward-seeking statements created in this launch are primarily based on facts presently obtainable to management. The Corporation assumes no obligation to update any forward-on the lookout statements, except as needed by law.
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