SegPay Scores 24 Percent Volume Growth in 2016; Forecasts Strong 2017 After Completing Major Company Investments

FT. LAUDERDALE, Fla. (Feb. 8, 2017) – SegPay, a global leader in digital payment processing, announced today that it finished 2016 in strong fashion with 24 percent growth in overall volume. The company said it is also set for significant growth in 2017 after making major investments in its administrative system. SegPay implemented platform upgrades in 2016 to give merchants a simplified yet enhanced and efficient payment processing experience.

Part of SegPay’s 2016 system investments included updating and translating its customer support website, adding card updater, retention offers, 3D secure safety technology, dynamic recurring billing and multicurrency functionality.

SegPay also invested in the company’s talent and skillset by expanding its staff by 28 percent to support its growing client roster and technology advancements. Specifically, the company hired new employees to help accomodate its growing product offerings, quality assurance, development and marketing needs.

“2016 was all about advancement and enhancements at SegPay,” said Cathy Beardsley, President and CEO of SegPay. “We’ve made serious investments in ourselves to better serve our clients. We look forward to helping our merchants drive significant business growth in 2017.”

Over the past several years, SegPay has forged new partnerships for merchants in the high-risk credit card processing space, including white label cam technologies. In 2016, the company continued to build strategies around cutting-edge technology programs to provide merchants additional lines of revenue.

SegPay also worked to further establish and build relationships with merchants, focusing on how to better facilitate client needs while also exploring ways to improve upon its reputation for having the best customer service in the industry.

“We’re off to a strong start in 2017, putting our technology goals into practice and making clients’ needs our number one priority,” said Jeff Rosenzweig, VP of Operations at SegPay. “A big part of our growth last year was introducing our new payment gateway to the marketplace. With the launch of this offering and the team’s dedication to speeding up the payment process as a whole, we can now shift focus toward growing market share.”

To stay up-to-date with SegPay and keep up with new advancements in 2017, visit www.segpay.com.

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