In between attending two major Cam shows in the far-away land of Romania, Segpay returns to our South Florida home turf for XBIZ Miami, May 29-June 1 at the Mondrian South Beach.
Cam-site merchants and industry pros will arrive in Romania later this month for two major Cam-focused events – the Bucharest Summit, May 21-25 in (surprise) Bucharest; followed by the AW Summit, June 4-7 at the beach resort of Mamaia. Segpay will be there, too – as attendees and sponsors at both shows – and we hope to see you.
As of April 15, 2018, Visa Claims Resolution (VCR) was introduced with enhanced dispute rules and a new workflow and process. VCR is intended to decrease the time needed to resolve claims, and offers the following benefits to acquirers, merchants, and issuers:
Segpay will be required to perform more extensive due diligence on new clients – as well as existing merchants whose ownership changes – starting May 11, 2018.
If you followed the recent news that cannabis decriminalization is being discussed in Congress, you’re probably aware of how confusing it’s been for marijuana-based businesses, banks and payment processors to navigate the conflicting state and federal laws governing the sale of these increasingly legal products. Segpay has been on top of this issue for some time now. In a March article on XBiz.com, our CEO Cathy Beardsley weighed in on the future of handling payments for cannabis, and now this month PaymentsSource has published a similar article by Cathy arguing for the type of Congressional action that appears (finally) to be gaining momentum:
In a move to accommodate the preferences of even more paying consumers, Segpay has expanded the types of credits cards it accepts for payment. (Warning: Obvious Statement ahead)… When more consumers can use their preferred payment methods, it generally means more business for our merchants, and that’s why we’re here!
Great news: the ability to use cross-selling to entice consumers with related items at the point of sale is now available in the Merchant Portal, with even more options than you had in our old Suite.
You may recall seeing our announcement in December that Segpay is upgrading to TLS 1.2 encryption soon and ending support for older versions of TLS. As a reminder, when this happens, anyone attempting to submit payment through Segpay must be on a browser that supports TLS 1.2 or their payment won’t go through.
XBIZ has published another article by Segpay CEO Cathy Beardsley – this one based on some of the ideas for using retention offers to improve churn rates that we shared here earlier this year. Cathy expanded on those ideas for this article, titled “Burn the Churn” in XBIZ’s April issue.
The Phoenix Forum wrapped up this past Sunday, March 25th, and Segpay joins in thanking the show hosts, sponsors and everyone who attended and made it a successful event.