Article

Mentioned Companies:

Usio Payment Facilitation

Usio is a payment facilitator that earns revenue from prepaid card issuance, payment card processing and bill payments. For its client MobileMoney, the Usio prepaid card issuing platform connects to kiosks installed in airports, sporting venues and event venues such as music festivals. Consumers insert cash into the kiosk to receive a Mastercard prepaid card. MobileMoney has dispensed 470,000 one-time-use Mastercard prepaid cards since 2021. The cards are issued by Sunrise Banks in Minnesota. Recently, MobileMoney and Usio began dispensing reloadable Mastercard prepaid cards from the kio...

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June 2024
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