
WePay
WePay offers a robust white label solution designed for large payment facilitators, enabling merchants to quickly integrate payment processing. With instant onboarding, same-day deposits, and transparent pricing, merchants can efficiently manage transactions and reporting. The platform also ensures compliance and risk management, fostering long-term partnerships and maximizing revenue opportunities.
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WePay Review and Overview
WePay is a subsidiary of JPMorgan Chase, which deals in powerful payment gateway platforms for developers to integrate into their applications. The WePay gateway is characterized by its security, reliable networking, and an easy to use API. Also, it can be used in several countries, allowing the developer to make their app available in several countries easily. It supports in-app purchases and app-based marketplaces both and also supports several cards.
A powerful core payment gateway
Every business would love to give its customers seamless online shopping experience, and WePay helps make this possible with its robust payment gateway core service. It offers an exceptional degree of control to the user in every aspect of the payment process, starting from the design of the gateway to the types of security technologies used to the cards accepted for payment. Also, the WePay core services act as an amalgamation of several modules, each dictating user payment, pay-outs and taxes, and management systems. WePay’s flexible API ensures that integration is as seamless as the operation.
Integrating using a developer-friendly API
Gone are the days when website architectures were limited, and integration APIs were non-existent, which caused the developer to redirect the customer to a secure payment gateway site for fulfilling their payments. Now, all they have to do is to use WePay’s flexible API to integrate robust core functionalities directly into the websites. It also works with applications. After integration, it can support several types of payment methods, including EMI and even crowdfunding, which makes it very versatile for any application. It also has inbuilt mechanisms to negate economically harmful phenomena like chargebacks and frauds.
Negation of fraudulent transactions with appropriate technology
WePay has several systems that help eliminate the terrifying aspect of online sales, i.e., fraud. The platform is exceptionally compliant to both data regulation rules and credential protection standards. Its authentication system makes it impenetrable to hackers, and it is fully compliant to the PCI DSS regulations as well. It is also penetration tested with high frequency so that any potential loophole or exploit in the system can be effectively terminated. The platform, thus, protects both the customer’s credentials and identity with one stroke.
Top WePay Features
- White label payment solution
- Referral partnership with Chase
- Instant onboarding for merchants
- Same-day deposits feature
- Comprehensive Merchant Center
- Powerful Partner Center analytics
- Seamless API integration
- KYC process management
- Risk and PCI compliance coverage
- Flexible payout options
- Support for diverse payment methods
- Quick merchant account setup
- Transparent pricing model
- Fraud and chargeback loss coverage
- Easy chargeback management
- Customizable reporting tools
- Integrated payment processing solutions
- Efficient SaaS delivery model
- Lifetime merchant relationships
- Monetization of payment processing.