In the March issue of XBIZ, Segpay CEO Cathy Beardsley authored a story on the legal complications of processing payments for cannabis-based businesses, even as more states clear the way for the legal consumption of these products.
New in the Merchant Portal this week: view recent cancellations and expirations; and learn more about unsuccessful rebills, including the date of the next billing attempt.
Segpay is heading to the desert once again for the annual Phoenix Forum, March 22-25 at the Tempe Mission Palms Hotel.
Those involved in the cryptocurrency markets are familiar with the process for funding an exchange account to make trades. However, if you use a credit card to fund your account, chances are you will start seeing an additional transaction fee. Both Visa and MasterCard have clarified the Merchant Category (MCC) Codes used to classify these transactions, and the result is higher fees for consumers.
We are back from Colombia after an enjoyable stay in Cali, and a productive three days at Lalexpo 2018. This year’s show went very smoothly, after a few bumps last year, with attendance continuing to grow every year since our first visit in 2016.
Who are the people behind Segpay? One of them is David Noel, a senior web developer who has made great contributions to products such as Segpay’s merchant portal, consumer portal and reporting services (our API). David has been with Segpay for nearly two years now. We’ve all enjoyed getting to know him, and thought you might, too.
It’s been almost a year since we first posted about our Cancel/Keep retention offers in which we shared the following statistic:
since we first introduced Cancel/Keep offers, merchants that set one up have retained over 5% of customers who initially wanted to cancel.
If you saw our recent trade show recap, or attended the shows yourself, you know that the EU General Data Protection Regulation (GDPR) was a hot topic. As well it should be – the GDPR goes into effect May 25th of this year and will impact the way EU merchants, and all businesses that process EU customer data, do business going forward.
Today we released two updates to the Merchant Portal: an enhancement to the Approval Rates report, and a new option for Price Points.
Segpay is attending LALEXPO, one of the biggest trade shows in South America, February 19-21 in Cali, Colombia. LALEXPO brings together many of the region’s major webcam companies, a fast-growing segment of Segpay merchants, and of online subscription services in general. Segpay has been working closely with a number of these “cam” merchants to identify measures that address the special risks these services face, such as the relative ease with which consumers can accumulate charges while chatting, exposing merchants to a high risk of chargebacks.