FORT LAUDERDALE, FL — SegPay, a provider of internet payment processing services and fraud prevention, closes 2013 on a high note. With a 20 percent increase in customers and 27 percent increase in revenue this year, SegPay has cemented its status as an industry leader and one of the fastest growing IPSPs in the world.
In 2013, SegPay expanded its reach through two major focus areas; mobile payments and international markets. The improved mobile payment page detection has given SegPay clients the confidence and freedom to grow their mobile offerings. In Europe and Canada, SegPay has expanded its acquirer relationships. This includes becoming one the first IPSPs in the U.S. to be registered as an Authorized Payment Institution by the United Kingdom’s Financial Services Authority (FSA), which has allowed SegPay clients to increase their reach while keeping the same, easy-to-use, system they are accustomed to.
“SegPay has had a remarkable year filled with growth and enhanced services,” said Cathy Beardsley, CEO of SegPay. “Even with the growth we’ve seen, we haven’t lost sight of our customers. Over my career, I’ve seen IPSPs lose sight of their priorities and lose client trust. At SegPay, we are making sure that doesn’t happen by providing customized service and innovative fraud protections that are defining excellence in the industry.”
This year, the company continually worked to improve its systems. A few of the improvements include:
- Improving risk and fraud detection through the SegPay Fraud Mitigation System to keep clients protected and in compliance with all major government and Card Scheme regulations
- Enhancing the EZ Click checkout service to support batch processing for micropayments to help its clients meet ever-evolving consumer demands while protecting clients from fraud
- Making the checkout process simpler and smoother for repeat customers
- Streamlining client payouts to simplify the process and ensure that SegPay clients get paid fast
- Creating an enhanced data delivery system to get information to clients through the SegPay Suite, Reporting Services and postback notification system
Over the next 12 months, SegPay intends to continue its focus on improving its systems to create a seamless payment experience for both the webmaster and the customer.
