FT. LAUDERDALE, Fla. — Segpay announced today the addition of payout solution Cosmo Payment, which allows both E.U. and U.K. merchants to settle payments in USD, Euros and GBP.
“During COVID, Segpay has seen an amazing amount of growth in both the cam and fan markets,” explained a rep. “Cam models and the entire cam segment became top financial performers as cam models, influencers and performers moved to fan programs to further monetize their brands.”
According to the company, about 60% of Segpay’s business is currently cam sites and approximately 50% of recent sales leads have been fan sites.
“The addition of Cosmo Payment continues Segpay’s mission of providing the best payment solutions available,” Segpay CEO Cathy Beardsley said. “We felt this new option would simplify payments while also maximizing earnings to many of our merchants.”
Cosmo Payment allows for card payment solutions via card-to-card or account-to-card transfers for merchant affiliates, models, content creators and other vendors and contractors. Account holders can transfer funds to their bank, withdraw funds at an ATM and make purchases both online and in person at a brick-and-mortar store.
For more information, visit Segpay.com and follow the company on Twitter.