Segpay Adds Cryptocurrency as Payment Option

“We are excited to offer one of the fastest growing payment solutions to our merchants and their customers,” said Segpay CEO Cathy Beardsley. “Cryptocurrencies create opportunities for companies that want to attract new customers around the world including in locations where it is impossible to pay with traditional bank cards.”

Segpay said that accepting cryptocurrency through their system is “completely secure and is both Know Your Customer (KYC) and Anti Money Laundering (AML) compliant.” Segpay added that with digital currency, “there are no chargebacks or refunds.”

“Funds are immediately converted to Fiat which drastically reduces digital currency risk,” Segpay said in their announcement. “Segpay merchants can enable cryptocurrency by simply turning it on or off and can use a variable to customize which payment types can show to a specific customer.”

To offer the Cryptocurrency payment solution to its merchants, Segpay has partnered with ForumPay, the global cryptocurrency payments technology provider.

The list of cryptocurrencies Segpay now supports includes Bitcoin (BTC), Bitcoincash (BCH), DASH, Ethereum (ETH), Litecoin (LTC), ProperT (PROPT), Tether (USDT), Tron (TRX), USD Coin (USDC) and XRP. The company said that more cryptocurrencies will be added “as the market evolves and demand increases.”

To learn more about adding crypto currency to your Segpay account click here or contact Segpay’s team at sales@segpay.com.