Usio, Inc. announced the appointment of Ernesto Beyer to its Board of Directors, effective August 29, 2020. Mr. Beyer will serve as a member of the Company’s Audit, Compensation, and Nominations and Corporate Governance Committees. Mr. Beyer will replace Mr. Miguel Chapa, who unexpectedly passed away on August 19, 2020. Ernesto Beyer, 50, has over 25 years of experience in international trade and is currently serving as Latin America Market Manager of Xcoal Energy & Resources. With the appointment of Mr. Beyer to the Board including the committees on Audit, Compensation, and Nominating and Governance, the Company has now regained compliance with Nasdaq’s corporate governance rules.
Usio, Inc. is a cloud-based, Fintech payment processor. It serves multiple industry verticals with technology that facilitates payment acceptance and funds disbursement in a single, full-stack ecosystem. It provides payment acceptance through multiple payment methods, including payment facilitation, prepaid card and electronic billing products and services to businesses, merchants and consumers. Through its Prepaid Debit Card platform, it offers a variety of prepaid card products, such as reloadable, incentive, promotional and corporate card programs. It provides integrated electronic payment processing services to merchants and businesses, including credit and debit card-based processing services and electronic funds transfer via the ACH network. Its card-based processing services enable merchants to process both traditional card-present, tap-and-pay, or swipe transactions, and card-not-present transactions. Its UsioCard platform supports Apple Pay, Samsung Pay and Google Pay.
USIO, INC. 
