FORT LAUDERDALE, Fla.—Payment processing service Segpay today announced the release of its latest pay-out solution, Segcard. Segcard is designed for content creators, and with Segcard, users are issued a U.S. dollar card that can be used to shop, pay bills online, make in-store purchases and withdraw cash anywhere in the world where Visa is accepted.
Segcard was developed to help fund content creators and affiliates who don’t have a bank account or are looking for an alternative solution to receive payments. Segpay has the ability to handle content creator pay-outs on behalf of merchants that process through Segpay. When money is added to a Segcard account, the owner will have instant access to the funds. Segcard can be used online, in-store, or withdrawn from an ATM and is backed by Segpay’s banking partners which are highly regulated. All transaction data is encrypted using PCI-compliant technology. Users receive global access to check account balances, transfer funds, look at transaction history, and more.
“We’re constantly pushing ourselves to deliver cutting-edge payment solutions that make it easier for our merchants and their partners to get paid,” Segpay CEO Cathy Beardsley said. “With Segcard, our clients can easily fund their content creators, models and affiliates without needing a bank account.”
Since Segcard is a U.S.-denominated card, Segpay is initially launching for U.S. merchants, content creators and affiliates. An EU card solution is scheduled to become available by the end of Q2 of 2023. To learn more about Segcard, click here or reach out to [email protected].
