Usio chosen as Program Manager and Processor for the Voyager Debit Mastercard
By Edlyn Cardoza
Usio, Inc., a leading FinTech integrated payment solutions provider, recently announced that it has been selected by Voyager Digital, in a three-year exclusive agreement, to be the program manager and processor for their newly introduced debit card, the first USD Coin-based debit card that pays up to 9% annual rewards.
Louis Hoch, Usio’s President and Chief Executive Officer, stated, “I am thrilled to announce the continued growth of our relationship with Voyager Digital supporting the debit card needs of their 2.7 million registered users. We are proud to have developed the technology that enables Voyager to base their debit card on USDC, a stable coin priced 1-to-1 to the US dollar, while offering their customers a predictable and rewarding way to hold and easily spend crypto as well as offering their Voyager Loyalty Program members even higher rewards.”
Steve Ehrlich, CEO and co-founder of Voyager, said, “Usio is a valued partner that continues to provide us with innovative solutions to our growing electronic payment technology needs. The Voyager Debit Card gives cardholders a rewarding way to hold crypto and make it instantly available to spend on everyday purchases with the convenience of a debit card around the world. Usio answered the call with an elegant solution to this complex challenge. We look forward to growing our mutually beneficial relationship.”
Under this agreement, Usio will support the new Voyager Debit Card that will allow cardholders to spend cryptocurrency at the point of sale or earn rewards in cryptocurrency from debit card spending. Using Usio’s flexible APIs and industry leading technology, Voyager can provide its users with a contemporary consumer experience. In addition, Usio’s instant issuance will allow cards to be immediately deployed into digital wallets.
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 its clients. 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.
IBSi Daily News Analysis
May 30, 2023
Are AI chatbots useful in fighting cyberattacks?Read More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage