FORT LAUDERDALE, Fla.—Segpay, a pioneer in digital payment processing, has announced that it finished 2022 with a 22 percent increase in overall growth, resulting in the best year yet for the company in monthly transactions volume.
Segpay’s results, the company said, were driven by its efforts to grow the company. In 2022 the company invested more than a million dollars to add innovative solutions, staff and software. Segpay also expanded its offerings by adding PayPal as a payment option for its U.S. merchants, along with Segcard, a pay-out solution designed for content creators. In addition, the company doubled the size of its operations in Ireland.
Also in 2022, Segpay and its CEO Cathy Beardsley received several awards, including being named as one of Forbes' “50 over 50," one of American Banker’s Most Influential Women in Payments and one of the Top Women-Led Businesses in Florida.
“It’s been incredible to be recognized for the hard work our team puts in every day as they strive to offer the best experience for our merchants All the Way to Paid,” Beardsley said. “We are grateful for the trust our merchants place in Segpay. They are truly the fuel for our growth engine.”
Among Segpay’s other accomplishments in 2022 were:
• Launched its new animated video marketing campaign featuring two “spokescharacters” in a series of animated videos created to help demystify payment processing and to assist the Segpay team in growing the company’s base of online merchants.
• Added ThreatX as an additional layer of security to its fraud mitigation system to provide insights on potential threats before they have a negative impact to the Segpay system.
• Implemented an automated dispute management system which monitors both Verifi and Ethoca chargeback alerts and dispute and fraud notices; mitigating each instance to help prevent chargebacks.
• Improved website SEO and significantly drove website traffic with a 72 percent increase in users, a 75 percent increase in sessions, and a 97 percent increase in page views.
• Launched an updated technical documentation portal to help merchants get insights on Segpay’s software, portals, systems and more.
• Grew the Segpay employee base in South Florida with a focus on its development staff.
Segpay is already working on its latest enhancements including the addition of crypto currency as a payment offering along with the company’s expansion into Mexico. For more information, visit Segpay.com.
