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Wepay Online Payment Service Review : Latest Updated

Wepay Online Payment Service Review : Latest Updated

About Wepay

WePay is the integrated payments business of JPMorgan Chase They provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. They deliver payments you can bank on. The APIs make flexible, integrated payments possible via referral, white label or payment facilitator models, so customers can focus on their core strategy.

Today, WePay, a Chase company, brings innovation, scale and reliability to its integrated payments and integrated banking solutions.  WePay was founded in 2008 with a mission to simplify payments. It developed an API that could be used by any organization that needed payments infrastructure. By 2014, the business had evolved to deliver integrated, white label payments solutions to ISVs and SaaS platforms.

In 2017, JPMorgan Chase acquired WePay Payment to connect its fintech technology with the power of the bank. Now, Link, Clear and Core products scale from referral to white label to payfac experiences and they also enable Same-Day Deposits to Chase bank accounts at no additional cost. WePay’s technology powers the QuickAccept feature of the new Chase Complete Business Banking accounts, delivering on vision of integrated payments and integrated banking.

Basic Information Of WePay

BasicDetails
Product Name WePay
FeesN/A
Monthly Account FeeFree
Payment OptionInstant Payment,
Accepted Credit Cards and Debit Cards,
ACH Payments, and eCheck Processing
Split Payments
Account AvailableIndividual Account , Business Account
Account SecurityTwo-Factor Authentication , Full SSL Supported Transfer
SupportLive Chat Option & Ticket System Support Available
Founded 2008
Official WebsiteClick Here To Visit Paypal

WePay Values

WePay’s corporate values are core to who they are and how they operate. They endeavor to live up to them every day in the interactions with each other and with the customers and partners.

  • Delight customers
  • Invest in relationships
  • Drive excellence
  • Embrace change
  • Be authentic
  • Push the pace

SMB SaaS, POS Systems, and Online Marketplaces

$1.4T in annual payments

Leverage the scale and reliability of the largest wholly-owned merchant acquirer in the world.

Access to 4 million SMBs

Market your product to Chase customers through our marketing and distribution channels.

API-first development

Flexible APIs help you reduce technical overhead and improve the user experience.

Modern, RESTful APIs

Integrate quickly with SDKs and open source code samples.

All solutions offer

Instant Onboarding

Merchants can begin accepting payments instantly.

Same-Day Deposits

Merchants with a Chase bank account can receive same day payouts, at no additional cost.

Card Present Solutions

WePay Payment Support a range of Pre-Certified devices through our Card Present Solutions.

Core Take the leap, become a Payment Facilitator

Payments

WePay Payment Support an array of use-cases and payment methods, optimized for scalability, efficiency, and security.

Payouts

Access a full suite of payout rails, including Same Day ACH, Same Day Deposits to Chase bank accounts, and Instant Deposits.

Cash Management

Clear funds through a Customer Money Account with JPMorgan, gaining access to Earnings Credit Rates to offset your processing fees and innovative credit solutions to enable faster payouts.

Quick, Automatic payouts for your merchants

Small business payouts, simplified

WePay Enable automatic merchant settlements and seamlessly monetize payments

  • Determine your merchant pricing on Clear without building custom pricing models
  • Pay your merchants quickly and automatically at no additional cost through our settlement engine
  • Split and programmatically disburse transaction fees to your platform

One integration, robust payout options

Save development time by easily connecting into WePay’s settlement and reconciliation solutions with a single integration.

  • Accelerate time-to-launch by tapping into our pre-built payout rails, including Same-day deposits* and next-day ACH
  • Eliminate ongoing maintenance to preserve focus on your core objective: growing your platform
  • Save your merchants over 100 hours* per year with automated reconciliation

Full visibility into the transaction lifecycle

WePay’s solution gives you total transparency from transaction to payout

  • Access one ledger for all authorizations, settlements, refunds, and chargebacks
  • Quickly search and pinpoint detailed information with Partner Center tools
  • Provide fast support to merchant inquiries

Payouts as they should be

Easy

Integrate quickly without complex, custom code development.

Fast

WePay Collect fees and get merchants paid on the same or next day.

Transparent

Track the flow of funds in detail across your merchants.

Secure Technology

WePay Payment uses state-of-the-art cryptographic algorithms during data transmission (HTTPS with RSA 2048 bit key and SHA 256 certificate) and in our databases (AES 256 encryption with unique per-row keys). Our servers are kept in PCI and SSAE18 certified datacenters with 24×7 monitoring.

Contact

Chat / Email – Welcome to WePay’s Partner Portal. Click the link below to live chat with a WePay agent.

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