Usio’s Innovative Prepaid Card Solutions Chosen by Oakland DOT to Power Payments for its Universal Basic Mobility Pilot
January 19, 2022 at 09:00 am
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Usio, Inc. announced that the City of Oakland Department of Transportation (California) has chosen the Company's proprietary prepaid card technology as the payment solution for its groundbreaking Universal Basic Mobility Pilot. Under this pilot program, citizens living or working in East Oakland can apply to receive up to $300 that can be used only for transit and shared mobility on a prepaid debit card. Up to 500 participants have been randomly selected from qualified applicants.
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. 
