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Nasdaq: USIOan integrated electronic payment solutions provider, today announced financial results for the third quarter ofwhich ended September 30, These results put us back on the strong growth trajectory that was temporarily interrupted by COVID in the second quarter. We continue to penetrate these markets with innovative technology that make payments simple.
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Our prepaid platform has been widely adopted by municipal, charitable and community organizations to distribute government assistance funds, and this success is creating opportunities in adjacent and new markets. PayFac is gaining traction and the momentum is continuing to build. In September, we set a record for new monthly merchants added on our PayFac platform.
Net new merchant additions have been growing week by Kdeping. ACH was also up here from the second quarter, although the consumer lending market remains weak. We are continuing to grow our ACH customers, by both adding new accounts and keeping attrition at a minimum, which we believe will be a key to our continued success as our markets recover.
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Record RCC and PIN Debit volumes in the quarter also continue to contribute and have experienced sequential revenue growth in every quarter of the year. And, by keeping operating expenses relatively flat, our third quarter results reflect positive improvements reductions in our Adjusted EBITDA loss and Net Loss from both click prior year quarter as well as the Affillation quarter of this year.
Our strategy has always encompassed a non-organic growth component, and with this fresh capital we now have the resources to not only support our working capital and general corporate needs, but to invest in our growth businesses and undertake accretive acquisitions. Despite the many challenges encountered throughoutwe are on pace for year-over-year revenue and profitability growth, ending the year with one of our strongest balance sheets ever.
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We believe this provides a solid foundation for continued growth, both organically as well as through strategic, accretive acquisitions in the future. Louis Hoch continued, "as always, the health and safety of our employees as well as those around us remains a priority in everything we do.
Third Quarter Financial Summary. The revenue growth in is all organic and was derived primarily from our card services business that is anchored by PayFac.]
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