Latest news with #uP
Associated Press
02-07-2025
- Business
- Associated Press
Universal Processing Celebrates Grand Opening of New Headquarters, Reinforcing Commitment to Empowering Underserved Businesses
New York, New York--(Newsfile Corp. - July 2, 2025) - Universal Processing (uP), a leading financial technology company dedicated to empowering underserved businesses across America, is looking towards the future after a star-studded grand opening of its Times Square headquarters. The theme of the night was 'Brick by Brick', a celebration of the people and partnerships that have shaped the company's journey. uP was proud to host many of the people who have been integral to the company's success, and were honored that some of New York's most well-known and influential politicians stopped by the event to make speeches. [ This image cannot be displayed. Please visit the source: ] Image 1 To view an enhanced version of this graphic, please visit: Former Governor George Pataki had this to say about uP's contributions during the COVID-19 pandemic: 'I want to thank Universal Processing, because without what you did during that terrible time, many of the businesses that New York counts on wouldn't be here today.' It was an honor for uP to be recognized by the former governor, as during the pandemic - when Asian-owned businesses across the city were hit hardest - uP stepped in as a lifeline. The company offered multilingual support, financial relief, PPE, and digital tools to help stabilize their communities. [ This image cannot be displayed. Please visit the source: ] Image 2 To view an enhanced version of this graphic, please visit: Former Governor David Patterson also stopped by to applaud uP founder and CEO, Saint Hung: 'For the leadership and all that you have done, for the efforts you waged, and your expansion of concepts that I think is bringing more business to the area and to areas around here…you've done a marvelous job and we look forward to bigger and better things.' [ This image cannot be displayed. Please visit the source: ] Image 3 To view an enhanced version of this graphic, please visit: New York State Senator Stephen Chan crafted a powerful metaphor for Hung's leadership of the company: 'Everybody here is a cog in this timepiece and everybody must be in their place and work in order for our community, our society, our city to tick,' said Mr. Chan. 'Saint is the driving force in that timepiece. He is the conductor of this symphony, and if everybody plays their part correctly, that's what is going to make it sound good. That's what is going to make it beautiful.' 'Saint Hung is committed to growing small and medium-sized businesses in New York,' said Chairman of the New York State Republican Party, Ed Cox. 'These new headquarters in New York City are about the growth of Universal Processing and about Mr. Hung's and Universal Processing's commitment to New York City. Thank you Mr. Hung.' In a surprise move, New York State Assemblymember Lester Chang awarded Universal Processing with a New York State Assembly Citation. 'I applaud you because you had the foresight, vision, and optimism to create this business,' said Assemblymember Chang. 'Writing a citation for me is easy, but earning a citation is the real work.' [ This image cannot be displayed. Please visit the source: ] Image 4 To view an enhanced version of this graphic, please visit: 'We know in New York State that it's the small businesses that are the economic engine that drive this great state,' said New York State Assemblymember Al Taylor, 'so thank you for investing, thank you for being a risk taker.' As uP continues to be recognized for its achievements in the fintech space and expand its service offerings, the company remains focused on its mission to democratize access to fintech solutions, helping more businesses move 'uP'. The new headquarters in Times Square marks a significant milestone in this journey, providing a platform for continued growth and impact. It is also particularly meaningful to founder and CEO Saint Hung, whose father - an architect - worked on Philip Johnson's Times Square Redevelopment Project in 1989. 'For me to come back here and stake my claim to Times Square, it's been an effort 36 years in the making,' said Hung. For media inquiries, event details, or partnership opportunities, please contact: Yin Yu uP PR Team [email protected] About Universal Processing Universal Processing is an award-winning fintech and payment solutions provider, specializing in serving underserved businesses and partner channels with full-service payment processing. As a certified Minority-Owned Business, uP is committed to providing transparent, secure, and scalable payment solutions with 24/7 multilingual support. Learn more at To view the source version of this press release, please visit
Globe and Mail
28-02-2025
- Business
- Globe and Mail
Universal Processing Receives Prestigious Honors at the 2025 ETA TRANSACT Awards
New York, New York--(Newsfile Corp. - February 27, 2025) - Universal Processing ("uP"), the leading financial technology company empowering underserved businesses across America, is proud to announce that several of its team members have been recognized by the Electronic Transactions Association ("ETA"). The ETA awards are highly regarded in the payments industry, spotlighting leaders and organizations that push the boundaries of innovation and contribute significantly to the industry's growth. These awards underscore Universal Processing's commitment to excellence and innovation in the payments industry. Sophie Zhai To view an enhanced version of this graphic, please visit: Sophie Zhai has been distinguished as a 2025 ETA Forty Under 40 honoree. Her leadership and profound impact on the payments landscape have set new benchmarks within the industry, demonstrating the transformative potential of focused dedication and expertise. This also marks the fourth time that a member of our team has been recognized as a Forty Under 40 honoree. "Embrace mistakes-they're proof that you're trying, learning, and growing. Every misstep is a step forward if you choose to learn from it." Aris Gao To view an enhanced version of this graphic, please visit: Aris Gao, a dedicated and visionary member of the uP team, has been honored with the 2025 ETA Young Payments Professionals (YPP) Award. This accolade recognizes rising stars who are reshaping the future of payments through outstanding contributions and innovative approaches. "It is a true honor to be recognized as one of the Young Payment Professionals. This industry is evolving rapidly, and I am grateful for the opportunity to contribute to its growth. This recognition is a testament to the hard work, innovation, and teamwork that drive progress in payments. I'm excited for what's ahead." Additionally, Mingxi Chen and Catherine Xu have both been celebrated as Top Payments Sales Professionals. Their exceptional ability to drive strategic growth and navigate complex market dynamics has significantly contributed to the company's success as well as the broader payments ecosystem. "These distinguished recognitions from the ETA celebrate the hard work and innovative spirit of our talented team," said Saint Hung, CEO of Universal Processing. "We are immensely proud of Catherine, Mingxi, Aris and Sophie for their well-deserved honors and for their transcendent performance within the payments industry." Universal Processing is looking forward to celebrating at TRANSACT 2025 in Las Vegas, April 2-4, where the leaders in payments will come together to recognize their achievements. About Universal Processing Founded in 2003, Universal Processing is a leading financial technology company dedicated to empowering underserved businesses with innovative payment processing solutions and exceptional support. Recognized for its commitment to fostering economic growth, Universal Processing partners with over 34,000 businesses and processes more than $3.5 billion annually. For more information about Universal Processing and its services, please visit About ETA The Electronic Transactions Association (ETA) is the world's leading advocacy and trade association for the payments industry. Its members span the breadth of payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $52.7 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers.
Yahoo
28-02-2025
- Business
- Yahoo
Universal Processing Receives Prestigious Honors at the 2025 ETA TRANSACT Awards
New York, New York--(Newsfile Corp. - February 27, 2025) - Universal Processing ("uP"), the leading financial technology company empowering underserved businesses across America, is proud to announce that several of its team members have been recognized by the Electronic Transactions Association ("ETA"). The ETA awards are highly regarded in the payments industry, spotlighting leaders and organizations that push the boundaries of innovation and contribute significantly to the industry's growth. These awards underscore Universal Processing's commitment to excellence and innovation in the payments industry. Sophie Zhai To view an enhanced version of this graphic, please visit: Sophie Zhai has been distinguished as a 2025 ETA Forty Under 40 honoree. Her leadership and profound impact on the payments landscape have set new benchmarks within the industry, demonstrating the transformative potential of focused dedication and expertise. This also marks the fourth time that a member of our team has been recognized as a Forty Under 40 honoree. "Embrace mistakes-they're proof that you're trying, learning, and growing. Every misstep is a step forward if you choose to learn from it." Aris Gao To view an enhanced version of this graphic, please visit: Aris Gao, a dedicated and visionary member of the uP team, has been honored with the 2025 ETA Young Payments Professionals (YPP) Award. This accolade recognizes rising stars who are reshaping the future of payments through outstanding contributions and innovative approaches. "It is a true honor to be recognized as one of the Young Payment Professionals. This industry is evolving rapidly, and I am grateful for the opportunity to contribute to its growth. This recognition is a testament to the hard work, innovation, and teamwork that drive progress in payments. I'm excited for what's ahead." Additionally, Mingxi Chen and Catherine Xu have both been celebrated as Top Payments Sales Professionals. Their exceptional ability to drive strategic growth and navigate complex market dynamics has significantly contributed to the company's success as well as the broader payments ecosystem. "These distinguished recognitions from the ETA celebrate the hard work and innovative spirit of our talented team," said Saint Hung, CEO of Universal Processing. "We are immensely proud of Catherine, Mingxi, Aris and Sophie for their well-deserved honors and for their transcendent performance within the payments industry." Universal Processing is looking forward to celebrating at TRANSACT 2025 in Las Vegas, April 2-4, where the leaders in payments will come together to recognize their achievements. About Universal Processing Founded in 2003, Universal Processing is a leading financial technology company dedicated to empowering underserved businesses with innovative payment processing solutions and exceptional support. Recognized for its commitment to fostering economic growth, Universal Processing partners with over 34,000 businesses and processes more than $3.5 billion annually. For more information about Universal Processing and its services, please visit About ETA The Electronic Transactions Association (ETA) is the world's leading advocacy and trade association for the payments industry. Its members span the breadth of payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $52.7 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers. Media Contact： Yin Yupr@ To view the source version of this press release, please visit
