Posts Tagged “WePay”

WePay's Small Business Payments Survey Data Suggests the Death of Checks

PALO ALTO, CA | WePay, the surprisingly simple way for small businesses to accept credit cards, today announced the results of its first-annual Small Business Payments Survey. In partnership with Harris Interactive and Ipsos, WePay sought to understand the payment preferences of consumers and small business owners and found a quickly growing divide.

Online payments platform WePay, CEO Bill Clerico

Described by some as an ‘anti-PayPal', WePay is another service attempting to tackle online payments. The firm focuses on small businesses and non-profit organisations, enabling them to process transactions online, manage invoices and set-up online storefronts, boasting that registration takes less than a minute. CEO Bill Clerico tells StrategyEye that there is room for multiple players in the space and warns that WePay's biggest competitor is the good old-fashioned cheque.


WePay is a payments API company that has built its API specifically for platform businesses like marketplaces, crowdfunding sites and small business software. These platforms are empowering millions of users worldwide to unlock all kinds of creative commerce. Through its proprietary Veda social risk engine, WePay gives platforms a flexible payments API that provides a great user experience while still being able to take on all their fraud risk and compliance burdens.  WePay has processed transactions for more than 200,000 customers and 280+ partners. Platform businesses such as GoFundMe, HoneyFund, Fundly, CustomMade, and LessAccounting have chosen WePay's API to handle their payments. The company's customer service team won the 2013 Gold Stevie Award for its outstanding work with customers


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