SegPay Grows Operations in Florida Ahead of European Expansion
FT. LAUDERDALE, Fla. — SegPay today said it is relocating its corporate headquarters within South Florida, moving from Coral Springs to Deerfield Beach.
The move, to be made on Friday, will triple the size of the payment processor’s office space to accommodate additional staff to support a growing client base.
SegPay, headquartered in South Florida for more than a decade, has become one of the best-known and respected brands in high-risk credit card processing.
The company provides payment processing services for digital merchants in need of recurring billing solutions. SegPay is a leader in fraud detection and mitigation, ensuring safe, speedy online payment processing for its clients.
Later this year, SegPay plans to expand further across Europe in order to meet the burgeoning needs of online merchants serving a global marketplace.
SegPay’s buildout of its Deerfield Beach headquarters is designed to encourage a collaborative and enhanced workspace environment.
“We are very excited to move into our new corporate home in Deerfield Beach,” said Cathy Beardsley, CEO of SegPay. “The expanded, newly designed space will provide a high-energy workplace that fosters creativity and teamwork for our employees.
“The short move allows us to continue our longstanding connection with South Florida and Broward County, which helps us attract and retain the best employees to service our growing client base.”
Beardsley said that SegPay plans to continue to grow its workforce throughout 2017 and into 2018 to meet the needs of its merchants. This follows a year of investment in systems and staff that led to a 24 percent growth in overall revenue, she said.