Usio Announces Further Penetration of Legal Software Industry with New Lexicon Software Partnership
Lexicon Will Integrate Usio’s Proprietary PayFac-in-a-Box™ Electronic Payments Platform into their Software to Simplify the Payments Process for Their End Users
SAN ANTONIO, June 30, 2020 (GLOBE NEWSWIRE) -- Usio (Nasdaq: USIO), a tech-enabled payment solutions provider, announced today that it has signed a partnership agreement with Lexicon, adding to the legal software partnerships recently announced, and further illustrating that the legal industry increasingly views Usio’s proprietary PayFac-in-a-Box™ platform as the preferred payments technology. Lexicon, a legal services and technology provider for law firms of all specialties and sizes, will leverage Usio’s Payment Facilitation platform to provide an integrated payments experience to its law firm customers and the associated end users those law firms support.
“Our partnership with Lexicon demonstrates the continued confidence many forward-thinking software companies in the legal vertical place in Usio and our proprietary PayFac-in-a-Box™ payments technology platform,” commented Greg Carter, SVP of Payment Facilitation at Usio. “By embedding our technologically advanced payments platform into their core software platform, Lexicon can streamline and simplify the payments needs of a large and growing market. Adding an outstanding and quickly-growing franchise like Lexicon to our existing portfolio of legal software clients strengthens our solid foundation in this industry and represents further market share gains in what is a highly fragmented market.”
“Our new partnership with Usio exemplifies our philosophy to continuously adapt our products and services to provide best-in-class service and support,” Lexicon CEO Scott Brennan said. “Lexicon Software’s intuitive design and user interface is further boosted by utilizing the PayFac-in-a-Box™ technology from Usio that increases productivity and satisfaction that goes beyond our customers and is extended to their customers.”
Lexicon Software users now have the ability to accept debit or credit card and Automated Clearing House (ACH) payments to more easily and conveniently remit payments.
“Our customers will be able to collect payment either through the Lexicon Software client portal or at point-of-service (POS), where the end result is a faster billing and payment cycle,” Lexicon CFO/COO Tom Boster said.
About Lexicon Services
Lexicon is a legal services and technology provider with deep expertise in the legal industry. The company provides a world-class practice management software suite, enabling attorneys to maximize productive use of their time when working cases. With expertise in marketing for law firms, revenue optimization, billing and collections, support services, and more, Lexicon is a firm’s trusted partner for all legal practice needs.
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About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to their 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. Usio is headquartered in San Antonio, Texas, and has offices in Franklin, Tennessee, just outside of Nashville.
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