Paysign awarded 132 plasma donation centers

Paysign (PAYS) announced that it has been awarded 132 established plasma donation centers through an expansion of its long-standing relationship with a major plasma collection company. Transition of the centers from the incumbent provider is underway, with 123 centers expected to be live by the end of the second quarter of 2025 and the remaining nine slated for transition during the third quarter of 2025. With the addition of these centers, Paysign will be providing donor compensation programs to more than 615 plasma centers across 18 plasma collection companies, increasing the number of centers the company supports by 27% and bringing its U.S. market share to approximately 50%. The additional centers will drive immediate revenue growth for Paysign’s plasma business. Following onboarding, the centers are expected to reach approximately 80% of Paysign’s average revenue per center within the first few weeks and reach full revenue contribution by the end of the first quarter of 2026. Notably, the company does not anticipate a corresponding increase in Selling, General and Administrative expenses related to these new centers, highlighting the operating leverage inherent in its business model.