Segpay, a pioneer in digital payment processing, announced today that it is adding direct payments via SEPA (Single Euro Payments Area), the European Union’s payment scheme, to its bank-to-bank payment solutions. With SEPA, European customers can make fast, secure, and convenient payments directly from their bank accounts in euros.
There are several key advantages for merchants who integrate SEPA into their payment arsenal. SEPA payments offer merchants a fixed price for all transactions, making the price per transaction lower than for many typical card-based transactions. Merchants can also experience a transactional volume boost while preserving existing credit card traffic and offering customers more convenient payment choices. SEPA provides higher conversion rates than credit cards. Lastly, SEPA payments are available to any Segpay merchant worldwide due to Segpay’s payment processing licenses. Even a U.S. merchant can offer SEPA payments to its European account-holding customers.
“Merchants who’ve added access to SEPA have reported impressive results, including, in some cases, annual growth rates of more than ten percent,” said Segpay CEO Cathy Beardsley. “While results may vary, with SEPA’s higher conversion rates over traditional credit card payments, most merchants are able to increase successful transactions and decrease chargebacks, resulting in a positive impact to a merchant’s bottom line.”
Payments using SEPA are easy to integrate into any existing Segpay solutions package and allows merchants to offer credit cards, PayPal, and SEPA access on payment pages. All Segpay solutions provide a seamless check-out process for customers. To learn more about adding SEPA direct payments or other payment solutions, reach out to our team at Sales@Segpay.com.
About Segpay
Segpay is a pioneer in digital payment processing, offering custom solutions including payment facilitator, direct merchant accounts and secure gateway services. The company specializes in online credit card processing for e-commerce and subscription services for global merchants. Segpay provides secure turnkey solutions to accept online payments, with a guarantee that funds are always safe and protected with its proprietary Fraud Mitigation System™ and unmatched customer service and support. For more information, visit http://www.segpay.com/.
