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PaySign, Inc. (PAYS)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
2.7950-0.0850 (-2.95%)
As of 10:05AM EST. Market open.

PaySign, Inc.

2615 Street Rose Parkway
Henderson, NV 89052
United States
702 453 2221
https://www.paysign.com

Sector(s)Technology
IndustrySoftware - Infrastructure
Full Time Employees112

Key Executives

NameTitlePayExercisedYear Born
Mr. Mark R. NewcomerCo-Founder, President, CEO & Chairman1.16MN/A1965
Mr. Jeffery B. BakerCFO & Treasurer559.42kN/A1971
Mr. Robert P. Strobo Esq.General Counsel, Chief Legal Officer & Corporate Secretary561kN/A1979
Mr. Cosimo CambiChief Operating OfficerN/AN/AN/A
Mr. Brad CunninghamChief Technology OfficerN/AN/AN/A
Mr. James McCroyExecutive Vice President of Strategic Development/IRN/AN/AN/A
Mr. Eric TrudeauChief Compliance OfficerN/AN/AN/A
Mr. Dennis M. DiVenuta J.D.Executive Vice President of Strategy & Corporate DevelopmentN/AN/AN/A
Alicia ChesDirector of MarketingN/AN/AN/A
Ms. Joan M. HermanExecutive VP of EFT Operations & Executive DirectorN/AN/A1957
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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 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 Per Diem, Corporate Expense, and Business Travel Cards that allows businesses, and non–profits 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 headquartered in Henderson, Nevada.

Corporate Governance

PaySign, Inc.’s ISS Governance QualityScore as of March 1, 2024 is 8. The pillar scores are Audit: 9; Board: 10; Shareholder Rights: 3; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.