Name: The Power of Integrated Payments
Uploaded: 2016-11-09T19:24:07.000Z
Duration: 2 min 27 s
Description: The Power of Integrated Payments

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Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Stripe Payments

Stripe

Fiserv (First Data) - ICICI Merchant Services

Fiserv

Wise

Wise (formerly TransferWise)

Google Pay

Google

Amazon Pay

Amazon AWS

Shopify

WeTravel

PayPal Payments Pro

PayPal

Authorize.net

Visa

### Transaction Management
While some users appreciate the simplicity and integration capabilities of WePay for managing transactions, others express concerns about the high fees, slow processing times, and lack of responsiveness from customer support when dealing with transaction disputes. The mixed feedback suggests that WePay's transaction management functionality may have room for improvement to meet the diverse needs and expectations of its users.

### Funds and Settlements
Users have varying opinions on WePay's funds and settlements performance. Some users have expressed frustration with delays in receiving funds, citing instances where settlements took longer than expected. Issues with declined payments and difficulties in setting up ACH transactions have also been highlighted as areas of concern. On the other hand, there are users who have had positive experiences with WePay's funds and settlements, mentioning smooth transactions once initial setup hurdles were resolved. The integration with other platforms for payment processing has been noted as a convenient feature, although some users find the fees associated with the service to be a drawback.

### Payment Processing Technologies
Users express dissatisfaction with WePay's payment processing technologies, highlighting concerns about slow processing, compromised security, and inconsistent adherence to PCI regulations. Additionally, users report difficulties in submitting documentation for chargeback disputes and receiving adequate support from WePay's customer service team. These issues have led to a lack of trust in the reliability and effectiveness of WePay's payment processing technologies among users.

### Fee Structures
Some users have expressed frustration with the perceived inconsistency and lack of transparency in WePay's fee structures, particularly in relation to accounting reports and unexpected charges. While some appreciate the simplicity and timeliness of fund transfers, others find the percentage costs per transaction to be on the higher side. The lack of responsiveness and communication regarding flagged transactions and exorbitant fees have also been points of contention for users.

### Credit and Bank Account Integration
Users generally appreciate WePay's credit card and bank account integration capabilities. While some users find the integration process easy and efficient, others express concerns about the fees associated with the service. Additionally, there are mixed opinions regarding the speed of fund transfers to bank accounts. Despite these varying viewpoints, many users find that WePay integrates well with other software systems, providing a convenient and streamlined experience for managing transactions.

### Pricing and Cost Efficiency
Some users appreciate WePay's current pricing structure, considering it to be reasonable. However, there are concerns raised about the potential long-term costs associated with using the platform. This mixed sentiment indicates that while the initial pricing may seem acceptable, users are wary of potential expenses that could arise over time. It is important for users to carefully evaluate the overall cost efficiency of WePay to ensure it aligns with their financial objectives and expectations.

Users commonly recommend WePay for businesses with a steady cash flow, such as freelancers or online companies. They appreciate the platform's ease of use and integration options, making it a suitable choice for small to medium-sized businesses. Additionally, users praise WePay's powerful engine for crowdfunding and recommend it for fundraising purposes.

Another common recommendation is to set up a WePay account immediately to avoid missing out on payments. Users highlight the platform's secure money transfer capabilities and suggest comparing it with other payment providers before making a decision. They also advise considering the level of support needed post-integration from WePay.

Users consistently compliment WePay's solid reputation as a trusted company with a great fraud monitoring system and excellent customer support. They appreciate WePay's integrations with terminals and its conservative approach compared to competitors, which may be beneficial for startups. However, some users caution that WePay may not be suitable for non-profit organizations.

Overall, users often suggest using WePay for its easy setup process, versatile integration options, and reputation as a trustworthy payment platform.

WePay has proven to be a valuable tool for office administrators and representatives who need to create billing subscriptions for clients, serving as a cost-effective alternative to PayPal. Users have found that integrating WePay with platforms like InfusionSoft, Zoho Subscriptions, and Zoho Invoice streamlines their billing processes. The highly responsive support provided by WePay has been praised by users, who appreciate the prompt attention given to any questions or concerns. Setting up and getting started with WePay is relatively easy, allowing users to quickly implement this payment processing solution.

Nonprofit organizations have also found great value in using WePay. They have utilized the platform to facilitate credit card processing for fundraising auctions, benefiting from its tight integration with their platform and affordability. Customers who prioritize easy and quick sign-up, tight integration, and affordability for credit card processing have consistently chosen WePay. Business websites have adopted WePay as a checkout shopping cart solution, providing a streamlined payment process for customers. Additionally, the platform enables nonprofit organizations to easily collect donations from supporters through social media and email campaigns.

WePay's elimination of the need for a separate merchant account has made it convenient for individuals and businesses alike to accept payments and share revenue. Auction sites have particularly appreciated the hassle-free option of linking WePay to their platform. For organizations using the Classy platform, WePay has become a popular choice for processing credit card transactions in Development and Accounting departments due to its seamless integration. Furthermore, individuals and small nonprofits have found great value in using WePay as it acts as a backend processor for personal or small fundraising pages, ensuring smooth payment processing. Whether it is creating billing subscriptions, facilitating fundraising auctions, or streamlining the checkout process on websites, WePay has proven to be a versatile solution that caters to various user needs.

Cost-effective Option: Multiple users have found WePay to be a cost-effective solution compared to other competitors. It provides a good value for the price, which is especially important for startups looking to save money.

Quick Payment Processing: Several reviewers have mentioned that WePay's payment processing is quick and efficient. Funds are usually deposited within 2-3 business days, providing prompt notification to the users.

Easy Integration: Many users appreciate the seamless integration capabilities of WePay with various online systems. They find it simple to set up and start accepting credit card payments, making it easy for businesses to get started quickly.

Slow Customer Service: Some users have expressed frustration with the speed of customer service at WePay, stating that occasionally they require more assistance and would like quicker response times.

Delayed Payment Processing: Several users have mentioned that they would like WePay to process payments faster and deduct fees before the payment is processed to their bank account. This delay in payment processing can be inconvenient for some users.

Lack of Detailed Reporting: Many users have found it challenging to find detailed information about donations within the WePay platform, and they suggest making it easier to access this data. Additionally, some users desire more comprehensive reporting options, including a breakdown of total charges, share portion, and fees taken out.

J.P. Morgan Payments now integrates the functionality of WePay, a payment processing and mobile point-of-sale (mpos) software solution. WePay was acquired by Chase in 2017.

Integrated

Customized

Radar

Terminal

Sigma

Atlass

Issuing

Premium Support

London-based Paddle offers an ecommerce and subscription management solution for software companies seeking a streamlined demonstration of their services and centralized management of their different service levels and cloud-based offerings.

Custom

Paddle

J.P. Morgan Payments

Payment gateway Software helps connect eCommerce websites to the bank (merchant account) in order to process online payments and transfer sensitive credit card information securely.

Payment Gateway

Likelihood to Recommend

JPMorgan Chase & Co.

The Power of Integrated Payments

WePay delivers payments as a service to online platforms and marketplaces. This explainer video demonstrates how WePay works and how it can make a difference for your payments needs.

Payment Gateways

The technology used to accept credit cards, debit cards, and other payments from customers.

Ability to detect fraudulent transactions while allowing legitimate transactions

API or SDK

Tools to interact with payment gateway code

Recurring Payment Support

Ability to support subscriptions and recurring payments

Billing and Invoicing Support

Global Support

Payment Form Acceptance

Ability to accept many different forms of payment

Intuit Mailchimp

Slack

Canva

WePay 2021-04-12 08:27:53

Attorney

WePay 2018-07-10 13:57:55

Senior Engineer

WePay 2018-07-10 16:44:42

WordPress

Keap

Zoho Billing

Zoho Invoice

Marketing Broker

WePay 2017-11-02 12:12:55

Zendesk Suite

GoTo Meeting

Merchant e-Solutions

Partner, Marketing Director

WePay 2017-11-02 12:09:50

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Credit card

Credit card transactions

Card transactions

Process payments

Technical support

No phone

Not very helpful

End up

End users

Products or services

Set up

Simple to set

Integrates well

Fast and reliable

Quick customer

Bank accounts

Email notifications

Reliable customer

Quite simple

Card payments

Home

Payment Gateway Software

We used WePay to link to our auction site to receive payments. There were options of a few and I chose WePay. It is used during this event (Dec-March). It is used by accounting.

Links up to other websites easily.
Links up to your bank account easily.
Pulls reports.

Pulling reports link goes to your email, would be better right on site.
Credit card fees.
Doesn’t do all of payments - uses other website to run credit card.

Ease of use for one time yearly event.
Quickly transfers funds to account.
Pulls reports.

Helps us keep track.
Money goes into accounts quick.
Credit card fees are high.

We use WePay to easily enable donors to donate money to non-profit organizations that use our platform to better reach their supporters and gain new ones via social media and email campaigns.

Easy for new users to set up a WePay account.
Easy and quick for users with WePay accounts to make donations.
Fairly quick payouts to organizations who receive donations through our platform.

It would be nice if it were a little easier to find details about donations within the WePay platform.

WePay has allowed us to focus on our core competency as opposed to spending time and money creating our own financial transaction system.

WePay is being used to accept payment and allow sharing revenue without the hassle of setting up your own merchant account.

Provide sample codes and SDK
Great dashboard to see your overall transactions and revenue
Easy to integrate with your existing system

They should provide a plug-in such as JavaScript that we can use to allow accurate calculation related to the fees that we can show to the end-users.
More detailed reporting and the breakdown between the total charges, your share portion, the fees taken out, etc.

Since there is no setup fee, the ROI has been positive.
Implementation is fairly straightforward with the built-in SDK using PHP.

We use WePay by office administrators and representatives to create one time and recurring billing subscriptions for our clients. It's a great alternative to PayPal to save on the percentage of transaction charges. We first used WePay in InfusionSoft and now use it within Zoho Subscriptions and Zoho Invoice for our billing. Their support is quick to respond in case we have questions, and its fairly easy to set up and get running with.

Lower cost than their competitors, as a start up every dollar we can save makes a difference.
Processing of payments is quick, we are notified and the funds are deposited usually within 2-3 business days.
They can be integrated with a lot of different systems online.
Simple to set up and start taking credit card payments.

Time, it took about 15 minutes to get my billing system set up and integrated with WePay
I haven't had many refunds but they were able to help accommodate for the 2 or 3 I have had to do and walked me through the process with support information and via email.
No monthly/yearly fees are kind of nice to not have to worry about or pay when you are starting out

Zoho Invoice, Zoho Subscriptions, WordPress

J.P. Morgan Payments
Formerly WePay

Overview

What is J.P. Morgan Payments?