Usio announces the promotion of Greg Carter and the hiring of payments industry veteran Steve Peterson

By Edlyn Cardoza

Usio, Inc., a leading FinTech integrated payment solutions provider, recently announced the promotion of Greg Carter and the hiring of payments industry veteran Steve Peterson.

Louis Hoch, Usio’s President and Chief Executive Officer, stated, “I am very pleased to announce, Mr. Greg Carter has been promoted to Executive Vice-President of Payment Acceptance. He will lead all the company’s merchant-based payment acceptance including ACH, Payment Facilitation, Card and Cryptocurrency. Greg has been instrumental in growing our Payment Facilitation division into an industry leader and quickly turning it into a profit center for Usio. He has developed both strong industry and customer relationships. He implemented procedures to significantly increase merchant conversion and adoption of the Usio payment platform. Usio is lucky to have Greg as a senior leader in our company creating value for our shareholders.”

Louis Hoch, continued, “With the tremendous growth and success Usio has experienced we have become highly visible within the Fintech Payments Industry. As such, highly talented executives are seeking to engage with Usio. I am pleased to announce Mr. Steve Peterson has been hired as our Senior Vice President of Emerging Markets. Steve has numerous years of payments industry experience with his most recent engagement with PaySign as their SVP of Business Development and senior business development positions with FIS, GreenDot, and NetSpend. Steve will be developing new markets for products and services for Usio where our products cross divisions. He will also be leveraging his numerous years of relationships in the prepaid industry to help Usio land enterprise level card programs. We are thrilled to have Steve on board.”

Usio, Inc., a leading FinTech integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, crypto exchanges, and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to their clients. With the acquisition of the assets of IMS in December 2020, the Company now offers additional services relating to electronic bill presentment, document composition, document decomposition and printing and mailing services. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector.

Recently, IBS Intelligence reported that Usio, Inc., a FinTech integrated electronic payment solutions provider, announced the closing of a private placement of 142,857 shares of common stock, at a purchase price of $7.00, for net proceeds of $1 million.