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.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Opinion: Why Device-Based Age Verification is the Key to Protecting Minors Online

Across the United States, state legislators on both sides of the aisle have attempted to tackle the crucial goal of preventing minors from accessing adult content.

TMZ: VMG's Mike Moz in Talks About 'Potential Collab' With Yeezy

Vixen Media Group’s Mike Moz told TMZ on Friday that the company has been discussing a potential collaboration with Kanye West’s brand Yeezy.

Age Verification: FSC's Mike Stabile Reports from the Front Lines

Two years into the religiously-inspired crusade to ban free access to adult material in the U.S. through carefully drafted "age verification" legislation, the constant onslaught of state-by-state proposals and laws — many of them copied from each other — can be hard to follow.

Written Erotica Platform 'Hevvn' Launches

Hevvn, a new platform aimed at erotica writers seeking to publish, promote and profit from their work, debuted Thursday.

Sssh.com's Angie Rowntree Speaks at Brown University

Sssh.com founder Angie Rowntree spoke at a Brown University class last week, discussing several topics related to adult filmmaking.

Online Industry Veteran Joe E. Passes Away

Online industry veteran Joe E has passed away, according to friends and industry associates.

Judge Acquits Backpage Defendants of Most Charges Before 2nd Retrial

A federal judge acquitted former co-owner of Backpage.com Michael Lacey and two co-defendants on most of the counts remaining from the protracted trial launched against the website operators by the Justice Department in 2018.

Adult Time Partners With Animation Studio 3DGspot

Adult Time has signed a deal to stream content from animation studio 3DGspot.

Georgia Gov. Brian Kemp Signs Age Verification Bill Into Law

Republican Gov. Brian Kemp this week signed into law a bill that includes provisions requiring age verification for viewing adult content in Georgia, mirroring legislation being sponsored around the country by anti-porn religious conservative activists.

AEBN Publishes Popular Searches by Country for February, March

AEBN has released the popular searches from its straight and gay theaters in more than three dozen countries during February and March.

Show More