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Usio (NASDAQ:USIO) Stock Rating Lowered by Zacks Investment Research

Usio (NASDAQ:USIO – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports. According to Zacks, “Usio Inc. provides integrated payment solutions to merchants, billers, banks, service bureaus and card issuers. The Company operates credit, debit/prepaid, […] ....

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San Antonio CEO addresses getting COVID, PPP loan and his company's role during pandemic

San Antonio CEO addresses getting COVID, PPP loan and his company s role during pandemic
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Louis Hoch, CEO and president of Usio Inc., forecasts about $50 million in sales this year.Lisa Krantz /Staff photographer
San Antonio-based Usio Inc. may not be a household name, but it operates in the background of a lot of people’s lives.
Usio is a payment processor. Its technology is embedded in other companies’ software and is, for instance, used by tens of thousands of doctors’ offices to facilitate payments.
“A lot of times you’ll use us and you won’t even know it,” CEO and President Louis Hoch said. “But we sit in the middle of a payment transaction and take money from a consumer or business and pay out the business.” ....

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