SegPay Increases Client Base by 20 Percent in 2013

Company Grows Revenue by 27 Percent

FT. LAUDERDALE, Fla. (December 20, 2013) — SegPay, the world's leading 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:

Over the next 12 months, SegPay will continue to focus on improving its systems to create a seamless payment experience for both the webmaster and the customer.

About SegPay
Since 2005, SegPay has offered webmasters a state-of-the-art billing platform that provides real time credit card, direct-debit and check authorization services; automated password management systems, marketing tools, real time sales reporting, and an online Web interface that makes account changes fast and convenient. SegPay has earned a solid reputation throughout the webmaster community and constantly strives to provide the best possible level of service to its growing client base. For more information, visit http://www.segpay.com/

<<Back to Press Listing