Partnership Will Include a Branded MoviePass Debit Card for All Subscribers
Usio, Inc. a leading FinTech integrated electronic payment solutions provider, announced an exclusive partnership with MoviePass, whereby Usio’s innovative and proprietary prepaid card issuing platform will serve as both Program Manager and Processor for the forthcoming MoviePass Debit Card it plans to issue to all subscribers.
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Louis Hoch, President and Chief Executive Officer of Usio, said, “Usio continues to present itself as a leading provider of electronic payments technology, including our prepaid card issuing platform, that serve a variety of use cases in a number of different industries. We are thrilled that MoviePass has chosen Usio to support their efforts to bring a branded MoviePass Debit Card to their subscriber base. Our unique external authorization capability will allow MoviePass to fund prepaid cards the moment a customer redeems credits for a movie within the MoviePass ecosystem, allowing for greater funding control and spend management.”
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“Usio’s innovative technology is precisely what MoviePass needs in order to deliver a seamless user experience on our platform,” commented Stacy Spikes, Co-Founder and Chief Executive Officer of MoviePass. “Having Usio as an exclusive partner gives us a competitive advantage in the marketplace.”
“Usio has been a long-standing supporter of Stacy and MoviePass, having made an angel investment in the business a few years ago,” Hoch concluded. “These are exciting times for MoviePass. We are pleased Stacy and his team recognize the breadth of our technology and chose Usio to power this vitally important aspect of their business.”
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