No matter what type of business you’re in, one thing is for sure, competition has made it better! In Cathy’s latest XBIZ column, she shares how Segpay got started and how having multiple payment processors in the high risk space has led to big benefits for merchants.
“If we don’t welcome competition, we will be disrupted, if not destroyed. Just ask cab companies in the new era of Uber and Lyft, or hotels and the rental housing market with the advent of Airbnb. Competition in our industry has forced all payment processors to provide innovative solutions, backed by solid customer service-which has led to lower fees, better conversion rates and enhanced fraud mitigation tools,” said Segpay CEO Cathy Beardsley.
Find out more by reading Cathy’s column on XBIZ.com.