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sperbonzo · 06-09-2005

This is Michael Sperber. I wanted to tell you about a new EU payment processor that I'm working with.

SegPay stands for Segregated Payments. SegPay is a registered EU based Internet Payment Service Provider (IPSP) for online
merchants of all kinds.

It is a whole new way for webmasters to view their payment security on the Internet. In the normal model of third party
processing, the bank pays the processor, and then the processor distributes funds to the sub merchants. The traditional third
party credit card processor typically held client funds for up to one month before releasing to their clients for payout, and if
there is a problem, the processor has discretion as to which merchants get paid first. *Under the SegPay model, all client
funds are held by the bank until the time of payout*. SegPay has contracted with a third party auditor to provide a full audit on
client funds owed as well as facilitate the release of these funds. This way, online merchants can sleep at night knowing that
their funds are safe and will be paid. *The processor never touches your money, it is paid from the bank, through the auditor
and direct to the sub merchant.*

This segregation of funds is standard in the financial services industry; indeed, any failure to do so would be highly illegal.
SegPay brings this important security facility to the eCommerce world.

SegPay has a state of the art system that provides real time credit card and check authorization services, automated password
management systems, marketing tools, affiliate tracking, 24X7 real time sales reporting, and an online web interface to make
account changes on the fly.

We have WEEKLY payouts, extremely competitive rates, and a very experienced staff that understand the needs of the webmaster/web
merchant.

Please take a look at us:

http://www.segpay.com/

I would like to have an opportunity to speak with you when you have a chance, and see if this is an opportunity that would interest you.

Best Regards,

Michael

Michael Sperber
Sales Director SegPay
mikes@segpay.com
mobile +1 954 650 5789
icq 177961090
fax +1 208 279 9519

06-09-2005	#48
sperbonzo Members Join Date: Nov 2003 Location: Miami, FL Posts: 63	This is Michael Sperber. I wanted to tell you about a new EU payment processor that I'm working with. SegPay stands for Segregated Payments. SegPay is a registered EU based Internet Payment Service Provider (IPSP) for online merchants of all kinds. It is a whole new way for webmasters to view their payment security on the Internet. In the normal model of third party processing, the bank pays the processor, and then the processor distributes funds to the sub merchants. The traditional third party credit card processor typically held client funds for up to one month before releasing to their clients for payout, and if there is a problem, the processor has discretion as to which merchants get paid first. Under the SegPay model, all client funds are held by the bank until the time of payout. SegPay has contracted with a third party auditor to provide a full audit on client funds owed as well as facilitate the release of these funds. This way, online merchants can sleep at night knowing that their funds are safe and will be paid. The processor never touches your money, it is paid from the bank, through the auditor and direct to the sub merchant. This segregation of funds is standard in the financial services industry; indeed, any failure to do so would be highly illegal. SegPay brings this important security facility to the eCommerce world. SegPay has a state of the art system that provides real time credit card and check authorization services, automated password management systems, marketing tools, affiliate tracking, 24X7 real time sales reporting, and an online web interface to make account changes on the fly. We have WEEKLY payouts, extremely competitive rates, and a very experienced staff that understand the needs of the webmaster/web merchant. Please take a look at us: http://www.segpay.com/ I would like to have an opportunity to speak with you when you have a chance, and see if this is an opportunity that would interest you. Best Regards, Michael Michael Sperber Sales Director SegPay mikes@segpay.com mobile +1 954 650 5789 icq 177961090 fax +1 208 279 9519 __________________ Michael Sperber Michael.Sperber@gmail.com ICQ 177961090 +1 954 650 5789 www.astralgrouponline.com complete e-commerce solutions