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10+ Wepay Alternatives and Competitors

Wepay

4.25 User Rating
$58 M Revenue
300+ No of Employees
2008 Founded
SaaS Industry
Payment Processing Category
Bill Clerico CEO
Overview

Recognized as one of the innovators of peer-to-peer payment solutions, WePay is an online payment service platform founded in 2008. Established by co-founders Bill Clerico and Rich Aberman in Boston, WePay started its service right in the surge of social media and smartphone usage among the masses. WePay steered its service not only in providing an integrated and customizable payment solution through APIs, but also for the specialization in delivering risk and fraud protection through data sources. That includes social data connections and machine learning algorithms. With its comprehensive payment solutions, thousands of companies chose to back up WePay's capabilities, including Buildertrend, Keap, Freshbooks, GoFundMe, Care.com, Constant Contact, Webconnex, Ecwid, Classy, and Eventzilla. In 2017, JPMorgan Chase (JPMC) acquired WePay for $220 million and still continuously expands its efforts to support payments internationally. When it comes to its key players, WePay is administered by Bill Clerico, CEO; Rich Aberman, CSO; John Frerichs, CSO; Tina Hsiao, COO; Chris Conrad, Senior VP Engineering; and Jennifer Parker, CRO.

Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
Stripe 4.6 Patrick Collison $0 2009 $1.8 B 2000+ San Francisco 2000+ Reviews 100000+
Square Payments 4.6 Jack Patrick Dorsey Custom 2009 $4.7 B 3835+ San Francisco 1500+ Reviews 15000000+
Amazon Pay 4.6 Mahendra Nerurkar $0.30 2005 N/A 10001+ Washington 1200+ Reviews N/A
Google Pay 4.5 Sundar Pichai $0 2018 $4.5 B N/A Mountain View 1350+ Reviews 55000000+
Paypal 4.45 Daniel Schulman $0 1998 $17.7 B 21800+ San Jose 1200+ Reviews 325000000+
PaySimple 4.45 Eric Remer $49.95 2005 $32.2 M 122+ Colorado 1000+ Reviews 17000+
CyberSource Payment 4.4 Michael Walsh $0.35 1994 $760 M 693+ Foster City 2000+ Reviews 400000+
2CheckOut 4.4 Alex P. Hart $0.45 2006 $84 M 400+ San Francisco 1500+ Reviews 17000+
Venmo 4.4 Dan Schulman $0 2009 $300 M 500+ New York 1570+ Reviews N/A
Authorize.net 4.4 Mike Walsh $25.00 1996 $16 M 40+ Utah 2500+ Reviews N/A

Pricing

Basic
  • $15.00

Key Employees

Image Name Designation Email ID Twitter Linkedin
Owen Linderholm Senior Content Strategist N/A N/A https://www.linkedin.com/in/linderholm
Bill Freedman enterpriser N/A N/A https://www.linkedin.com/in/freedman1

Reviews

“ Get Credit Card Payments with Ease using WePay ”

4.2/5 (overall) - Amy O.
Pros:
  • I feel like I will like this more once I delete my existing account as I have had professionals troubleshoot this, yet no remedy.
  • I chose it to go with SchoolAuction.net payments because it seemed to have the most legitimacy, and ease of set-up.
Cons:
  • A client mistakenly reported a charge as fraudulent. When she discovered her error, she called the bank immediately to correct the problem.
  • There is no explanation given as to why they flagged one out of hundreds of payments from same client.

Features

  • Access Control
  • Analytics
  • API
  • Commenting
  • Agile Software Development
  • Application Integration
  • CRM Integration
  • Campaign Analysis
  • Collaboration Tools
  • Drip Marketing
  • Campaign Scheduling
  • Security
  • Sales Enablement
  • Mobile apps
  • Team Collaboration

Images & Videos

Q & A

What products and services does WePay offer?

WePay offers essential products and services needed for your payment processing. The application's services include white-label payments, developer documentation/API, simultaneous onboarding, revenue from payment, mobile point of sale (mPOS), customizable payouts, and automatic account updater.

What companies today use WePay?

With WePay's comprehensive payment processing services, more companies today choose to utilize WePay as their platform. Road Runner Sports, Inc., CHARGED.FM, Metagenics, Inc., Zoho Corporation, and Constant Contact, Inc. are some of the few organizations that picked WePay.

How much percentage does WePay take for every transaction?

When it comes to transactions, WePay applies a standard 2.9% + $0.30 transaction fee. WePay also sets a standard chargeback fee of $15.00,$15.00 on ACH return fee, and a research fee of $25.00.

Is WePay safe to use?

Overall, WePay is a robust payment processing platform, for it has the all-in-one capability to process debit, credit, and ACH payment. When it comes to its user's safety, WePay ensures that every vital data is secured, for the application's core team undergoes comprehensive security training to ensure there is no breaches WePay's system. Additionally, all money held by WePay is protected through its FDIC-insured partner bank.

How long does WePay's payment take to clear?

Usually, credit and debit card payments for WePay clear in just a span of one business day. On the other hand, if the payer submitted a payment through their bank account, the process would take 1-5 business days to clear. With this process, WePay ensures that all of the transactions are carefully reviewed for the protection of their users.

What payment methods does WePay support?

WePay accepts a variety of payment methods that are widely accepted in today's market. WePay supports payments through domestic and international cards, such as Visa, MasterCard, American Express, or Discover logo.

Alternatives

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