Segpay is pleased to announce the opening of its European Union office based in Dublin, Ireland. Segpay recently received its EU Payment Institution license from the Central Bank of Ireland ahead of BREXIT. This will cover all Segpay payment and merchant services in the EU and it will also maintain licenses in the UK for all UK based merchants.
“We’ve spent countless hours preparing for Brexit because it was so important to have our merchants remain on solid ground when Brexit officially goes into motion,” said Cathy Beardsley, Segpay President and CEO. “Now that we have an office and license in place, our merchants can continue to focus on their business as we work with acquirers to keep processing running smoothly during this transition period.”
With the opening of its subsidiary in Ireland, Segpay now has offices and outposts in six countries around the world. Read more about the opening of Segpay Ireland featured in YNOT and XBIZ.
Now that Brexit has been put off another 6 months, we can all breathe a little easier, right? The current agreement delays the UK’s exit from the European Union (EU) until October 31st; however it also stipulates that Brexit is immediately triggered on June 1st if the UK does not hold EU Parliamentary elections next month. So, what does this all mean for Segpay and our merchants?
Continue reading “Segpay Ireland Aims to Make Our Merchants Brexit-Proof”
With roughly a month until the Brexit deadline, and only slightly longer before new age verification regulations kick in, the U.K. is at the center of attention. So says Cathy in her latest piece for XBIZ World, The UK Bucks the Business Landscape.
Continue reading “All Eyes are on the U.K.”