Paysign (NASDAQ:PAYS) (NASDAQ: PAYS) is a financial technology company specializing in prepaid payment solutions and digital transaction processing. The company operates a cloud-based platform that enables corporations, government agencies, and financial institutions to issue and manage prepaid cards, payroll cards, incentive and rewards cards, and gift cards. Through partnerships with major card networks, Paysign provides branded payment products and turnkey program management services designed to streamline disbursement of funds, control costs, and enhance user experience.
The company’s core offerings include reloadable debit cards for employee compensation and expense management, closed-loop gift and loyalty cards, and single-load incentive cards. Paysign’s platform supports real-time reporting, multi-channel funding options, and customizable card designs, allowing clients to tailor their payment programs to specific business needs. Additional services encompass cardholder enrollment, customer support, fraud prevention, and analytics to monitor program usage and measure return on investment.
Headquartered in Scottsdale, Arizona, Paysign primarily serves customers across the United States, including large enterprises, small and medium-sized businesses, state and local government entities, and non-profit organizations. The company has expanded its footprint through strategic partnerships and integrations with banks, payroll providers, and HR platforms, enabling seamless deployment of its prepaid solutions to a broad range of end users. Paysign’s products are designed to meet regulatory standards and security requirements, ensuring compliance and data protection in all jurisdictions it operates.
Founded in 2005, Paysign has grown through a combination of organic development and acquisitions aimed at broadening its technology capabilities and market reach. Under the leadership of Chief Executive Officer Randall J. Branagh, the company has focused on innovation in digital payments, mobile wallet integration, and value-add services such as cashback rewards and incentives. Paysign’s management team brings extensive experience in payments, banking, and software development, positioning the company to capitalize on evolving trends in the prepaid and digital payments industry.
