Paysign IncPaysign Inc - ESG Rating & Company Profile powered by AI

Industry Group:Consumer Lending

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Paysign Inc in the Consumer Lending industry gained a UN SDG ESG Transparency Score of 3.2; made up of an environmental score of 1.3, social score of 2.3 and governance score of 5.7.

SDG Transparency Score for Paysign Inc 

3.2

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Paysign Inc 
1.3

Environmental

2.3

Social

5.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Cielo SA
8.2
High
1Visa Inc
8.2
High
.........
223Sinhaputhra Finance PLC
3.3
Medium
223Shriram Transport Finance Company Ltd
3.3
Medium
230Paysign Inc
3.2
Medium
230Adira Dinamika Multi Finance Tbk PT
3.2
Medium
230OneMain Holdings Inc
3.2
Medium
.........
377Zaim Credit Systems PLC
0.0
Low
377Zain Iraq Islamic Bank
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

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Potential Risks for Paysign Inc
These potential risks are based on the size, segment and geographies of the company.

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 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 based in Henderson, Nevada.

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