Usio, Inc. (NASDAQ:USIO) Q4 2022 Earnings Call Transcript

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Gary Prestopino: Okay. And then just the question on card, Greg. Dollars processed were up 3%, transaction processed up 49%, but your PayFac processing was up pretty strong. Is — on a dollar basis, is the legacy portfolio just really a trading there? Because there’s a big delta between what you’re doing in PayFac and what your overall portfolio is doing?

Greg Carter: Well, keep in mind, all of our sales activities are around payment facilitation or PayFac as a service. We do put some standalone merchants on our non-PayFac then, but we’re doing our best to manage the attrition from the legacy portfolios. But I guess that just speaks to our sales efforts, going specifically towards our PayFac product offering.

Gary Prestopino: Okay. Thank you. I got to jump.

Greg Carter: Thank you.

Operator: This concludes the question-and-answer session. The conference has now concluded. Thank you for attending today’s presentation. You may all now disconnect.

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