FORT LAUDERDALE, Fla.—Digital payment processor Segpay has announced that it has opened its European Union office, based in Dublin, Ireland. The move was made possible because Segpay received an EU Payment Institution license from the Central Bank of Ireland ahead of the United Kingdom's split from the European Union, known as Brexit. The new European Union office covers all Segpay payment and merchant services in the E.U. and it will maintain licenses in the U.K. for U.K.-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, working with a dedicated local team. Segpay has been building to this solution since the Brexit vote in June of 2016. Segpay’s E.U. merchants will now process through several E.U. acquirers using Segpay as a payment facilitator.
With the opening of its subsidiary in Ireland, Segpay now has offices and outposts in six countries around the world.
To learn more about Segpay’s E.U. office or its affiliate marketing platform, contact [email protected].
