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Mobile helps to drive SegPay revs up 15 per cent year-on-year

Zen Terrelonge
SegPay logo

Smartphone and tablets will remain the focus in 2013.

Online payments processor SegPay moved into mobile back in May when it partnered adult app store MiKandi. It furthered its mobile payments initiative by teaming SpankMo a couple of months later.

SegPay says revenues were up 15 per cent year-on-year in 2012, largely supported by demand for its mobile streams and solutions, while also supported by new clients Mr. Skin, Duke Dollars, Belami, and more.

Cathy Beardsley, president and CEO, said: "Technology innovations, with a focus on mobile, will continue to dominate the landscape for IPSPs in 2013.

"We have made a concerted effort to boost our mobile offering.  It’s something clients have been asking about and it’s a service we are proud to offer. I expect to make additional technological investments in 2013 that will positively impact the user experience for SegPay clients."

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Tags: adult , financial results , payments , mobile payments , segpay

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