Segpay Reports Record Growth in 2022

Segpay Reports Record Growth in 2022

FT. LAUDERDALE, Fla. —  Segpay announced today that it finished 2022 up 22% in overall growth, resulting in the best year yet for the company in monthly transactions volume.

A rep credited Segpay’s continued growth to the company's “commitment to the future.”

In 2022, the company made a investment of more than $1 million to add innovative solutions, staff and software. Segpay also doubled the size of its operations in Ireland and expanded its offerings by adding PayPal as a payment option for its U.S. merchants, and Segcard, a payout solution for content creators.

As XBIZ reported, Segpay’s CEO, Cathy Beardsley, was recently named one of Forbes “50 Over 50.” Beardsley was also honored as one of American Banker’s “Most Influential Women in Payments,” and Segpay as 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,’” said Beardsley. “We are grateful for the trust our merchants place in Segpay. They are truly the fuel for our growth engine.”

Segpay’s 2022 accomplishments also include the launch of its new animated video marketing campaign featuring two “spokescharacters” who demystify payment processing; the addition of ThreatX as an additional layer of security to its fraud mitigation system; the implementation of an automated dispute management system that monitors both Verifi and Ethoca chargeback alerts, and dispute and fraud notices; optimizing its website SEO; launching an updated technical documentation portal; and growing the company employee base in South Florida, the U.K. and at its EU headquarters in Ireland.

Segpay has announced that it is currently working on its latest enhancements, including the addition of cryptocurrency as a payment offering, and an expansion into Mexico.

For more information, visit Segpay.com.

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