PaySign, Inc. : A company provides prepaid card products and processing services
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I'd like to introduce some unfamiliar companies that may be helpful to your investment.
The company I am going to introduce is$Paysign Inc(PAYS)$
It went public on August 10th, 2018.
【Company Profile】
PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications.
It offers various services, such as transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a proprietary card-processing platform.
The company also develops prepaid card programs for corporate incentive and rewards, including consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments, and pharmaceutical payment assistance; and payroll or general purpose reloadable cards, as well as gift or incentive cards.
In addition, it offers and Per Diem/Corporate Expense Payments that allows businesses, and nonprofits and government agencies the ability to control employee spending while reducing administration costs by eliminating the need for traditional expense reports.
Further, the company provides payment claims processing and other administrative services; pharmacy-based voucher and copay, and medical claims and debit-based affordability programs; PaySign Premier, a demand deposit account debit card; and payment solution for source plasma collection centers, as well as customer service center and PaySign Communications Suite services.
Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and Mexico.
The company was formerly known as 3PEA International, Inc. and changed its name to PaySign, Inc. in April 2019. PaySign, Inc. was incorporated in 1995 and is based in Henderson, Nevada.
【History & Events】
In 2014, 3PEA International Launches its PaySign ® Brand of Prepaid Cards.
In 2015, 3PEA Expands into Automotive Sector in Partnership with the Dealer Automotive Group.
In 2018, Dan Henry Elected Chairman of 3PEA International.
In 2019, 3PEA International Announces Name Change to Paysign.
In 2019, Paysign, Inc. Names Matt Lanford Chief Product Officer.
In 2020, Paysign and ImmunoTek Collaborate in Support of COVID-19 Convalescent Plasma Collection.
In 2021, Paysign Launches of New Digital Banking Referral Program.
【Main bussness segments】
【Net Income & Total Revenue】
【Competitors】
Credit Cash Assessoria Financeira
SIA
CMS Info Systems
Comdata
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