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Latest News & Press Releases

Segpay’s latest news, press releases, community involvement, and resources. Read how we are helping online merchants and the industry grow.

Segpay Launches Dynamic New Web Presence

Ft. Lauderdale, Fla. (August 25, 2021) – Segpay, a global payment platform, announced today the launch of its new web presence. The colorful, content-rich website was designed to be viewed mobile-first and SEO enhanced with the specific goal of becoming a sales agent on its own. The new website was developed to help Segpay continue to grow its client base while assisting potential merchants to become clients more easily.   Bright, bold branding highlights the easy-to-navigate site with simplified verticals and solutions.  At the top of the home page, a mega navigation bar helps direct web traffic while also providing key information when deciding which processing solution is best for each specific merchant. The new Segpay site features the company’s signature dark blue and bright orange color palette. The distinctive dark blue color in the Segpay brand identity conveys trust, transparency, and stability.  The orange is symbolic of innovation and endurance.   The new Segpay website is also a treasure

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Segpay Reports Strong Year Despite Global Challenge

FT. LAUDERDALE, Fla. (January 12, 2021) – Segpay, a global leader in digital payment processing, announced today that it finished 2020 up significantly in overall revenue, capping one of the most successful year in the company’s 15-year history. This growth was fuelled by CAM merchants which outperformed all other market niches representing more than half of Segpay’s transaction volume, growing 55% year over year.  Subscription-based merchants also powered Segpay’s growth, up 33% year over year. “We made CAMs our focus five years ago and modified our system, streamlining and simplifying the checkout process to best support this segment,” said Segpay CEO Cathy Beardsley.  “Our risk tools are configurable by merchant, country and user level bringing flexibility to serve each merchant’s unique needs and requirements.” This year commemorated Segpay’s 15 years in business and despite the challenges of the pandemic, it overcame and thrived adding dozens of new clients along with integrating PayPal into its payment processing platform. “Investing in additional

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Segpay Ready to Process in European Union and United Kingdom

FT. LAUDERDALE, Fla. (November 19, 2020) – Segpay, a global leader in digital payment processing, announced today that it is fully compliant and ready to process merchant transactions in both the UK and EU ahead of two major changes set to impact European Payments; PSD2 and Brexit.  Both mandates are scheduled to take effect on December 31, 2020. Segpay has implemented Strong Customer Authentication (SCA) making it fully compliant ahead of the EU Revised Payment Service Directive (PSD2).  SCA is based on two forms of authentication for online and card present transactions which will be mandated at the end of December.  Merchants not able to meet the deadline are able to point their EU consumer traffic that typically is processed through an EU acquirer to Segpay to meet the new compliance requirements. “It was a pretty heavy lift to get the system ready to support 3D secure 2.0 as well as meet all of the PSD2 rules,” said Segpay CEO

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Segpay Expands Payment Options Ahead of Holiday Rush

FT. LAUDERDALE, Fla. (October 20, 2020) – Segpay, a global leader in digital payment processing, announced today the expansion of its Multi-Currency options adding Dynamic Multi-Currency (DMC) for U.S. Merchants and the addition of four local currencies: Russian Rubles, Czech Koruna, Indian Rupees and Israeli Shekels.  These additions bring Segpay’s total number of supported local currencies to sixteen, assisting merchants marketing abroad by simplifying the conversion process.  The expansion also allows merchants to offer these local currencies in four additional regions of the world ahead of the busiest shopping season of the year. Offering multiple local currencies eliminates the fluctuation between the dollar and other the local currencies while also making foreign consumers more comfortable.  Merchants with Segpay’s DMC enabled in their payment package(s) will automatically have access to the new currencies.  With DMC enabled, prices are displayed in the native currency of the consumer’s home region based on the referring IP address.  Consumers can pay in the default currency

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Segpay Expands Workforce and Announces Executive Promotions

FT. LAUDERDALE, Fla. (October 7, 2020) –Just weeks after opening an office in Dublin, Ireland Segpay, a global leader in digital payment processing, announced an expansion of its employee base in South Florida. Segpay has added two fulltime Sales Support Representatives to its team and promoted a long-term company veteran to lead the group.  Kristi Greer, who has been with Segpay for 15 years has been promoted to the role of Director of Sales.  She will also continue to oversee Segpay’s Merchant Services Group.  Ruben Perez and Patricia Ucros join Segpay and will report to Greer. “Kristi is a dedicated, high performing member of Segpay’s sales team and a key part of our overall success, we’re excited to promote her to this important position,” said Segpay CEO Cathy Beardsley. Segpay also hired Raphael Rattray-Morris as its new Customer Service Manager and promoted Caroline Karolinko to Marketing and Sales Support Manager and Sastra Maharaj to Accountant. “As we continue to grow

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Segpay Announces System-Wide Enhancements to Merchant Services Platform

FT. LAUDERDALE, Fla. (September 29, 2020) – Segpay, a global leader in digital payment processing, announced today system-wide enhancements to its merchant services platform.  These updates- designed to improve the suite of solutions offered to merchants will enhance the payments experience from real-time reporting to simplified client management. Segpay’s new Systems Status Page reports any issue in real-time going back over the past seven days.  It’s designed as a performance tracker of all systems and will describe any incident as well as if and how it was resolved.  Merchants can subscribe to receive text and email alerts from the Systems Status Page managed by Segpay’s IT department. “We’re excited to be the first company in the space to offer a real-time reporting tool for our merchants,” said Jeff Rosenzweig, Segpay VP of Operations.  “It furthers our mission of being transparent with our clients at every step of the payment process.” Additionally, Segpay announced its new Merchant Portal developed with a

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Segpay Establishes European Hub in Dublin

FT. LAUDERDALE, Fla. (September 17, 2020) – Segpay, a global leader in digital payment processing, announced today the opening of its European Union office based in Dublin, Ireland.  Segpay received an EU Payment Institution license from the Central Bank of Ireland ahead of BREXIT.  This covers all Segpay payment and merchant services in the EU and it will maintain licenses in the UK for UK based merchants.   “We’ve spent countless hours preparing for Brexit because it was so important to have our merchants remain on solid ground when Brexit officially goes into motion,” said Cathy Beardsley, Segpay President and CEO.  “Now that we have an office and license in place, our merchants can continue to focus on their business as we work with acquirers to get everyone paid.” Ailish Penston will be the Ireland Country Manager with a dedicated local team.  Segpay has been building to this solution since the BREXIT vote in June of 2016.  Segpay’s EU merchants will

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Segpay Celebrates 15 Years in Business

FT. LAUDERDALE, Fla. (March 24, 2020) – Segpay, a global leader in online payment processing, today announced that on April 1st, it would reach a major corporate milestone: the company’s 15th year in business. This momentous occasion is the launching point for a year-long integrated marketing campaign to promote new payment processing options and enhanced merchant service offerings—all backed by unmatched customer service. Over the past 15 years Segpay has developed a stellar reputation, by focusing on paying and always putting its clients first. Today, Segpay is trusted by the biggest and best-known brands in the high-risk payment category.  It offers state of the art payment processing services via a robust, full-featured platform that includes proprietary gateway technologies and a cutting-edge Fraud Mitigation System ™.  Headquartered in Deerfield Beach, Florida Segpay’s reach has grown globally with offices and outposts around the world including London, Dublin, Toronto and Manila. “We listen and learn from our merchants and this feedback has been

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Segpay Guarantees Merchant Business Continuity During Coronavirus Pandemic

FT. LAUDERDALE, Fla.—Segpay, a global leader in online payment processing, announced today that it is executing its business continuity plan in the wake of the growing Coronavirus pandemic. The plan guarantees uninterrupted payment processing services for Segpay merchants who can rest assured that Segpay’s system will remain stable and reliable as the current situation unfolds. “Segpay has always had a business continuity plan in place for emergencies such as this,”said Cathy Beardsley, CEO of Segpay. “Our plan has been tested on multiple occasions and was designed to guarantee uninterrupted payment processing services for our merchants. The plan is working just as it should.” Segpay has offices and outposts around the world. Its production environment is remote with back up/failover facilities and can be accessed virtually from any location. Segpay puts the safety of its employees first and if it becomes a risk, every team member is 100% capable of working remotely as part of standard operating procedures in the event

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