WePay
Payment gateways
Embedded payments software
Payment processing software
Payment software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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Pay-as-you-go
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Public sector and nonprofit organizations
- Retail and wholesale
- Accommodation and food services
What is WePay
WePay is an embedded payments platform that provides payment acceptance and processing capabilities designed to be integrated into third-party software platforms and marketplaces. It supports use cases such as onboarding sub-merchants, facilitating card payments, and managing payouts within a platform’s user experience. The product is positioned for SaaS providers and platforms that want payments as a built-in feature rather than a standalone checkout. WePay operates as part of JPMorgan Chase following its acquisition of WePay, Inc.
Designed for platform payments
WePay focuses on embedded payments for software platforms and marketplaces rather than only providing a standalone payment gateway. This orientation typically aligns with needs like multi-user payment flows, platform-level controls, and integrating payments into an existing product UI. For SaaS vendors, this can reduce the need to stitch together separate onboarding, processing, and payout components.
Backed by large financial institution
WePay is owned by JPMorgan Chase, which can be relevant for buyers that prioritize a bank-affiliated provider. Bank ownership can support enterprise procurement requirements around vendor stability, risk management, and compliance alignment. It may also be beneficial for platforms that want a payments partner connected to broader banking services.
API-based integration approach
WePay is delivered through APIs intended for integration into third-party applications. This supports building customized payment experiences and aligning payment flows with platform-specific business logic. An API-first model can also help teams automate operational tasks such as account management and transaction handling.
Less suited for simple checkout
Organizations looking for a quick, out-of-the-box checkout for a single merchant may find an embedded-platform product more complex than necessary. Implementation typically requires engineering effort and ongoing maintenance. For small businesses without development resources, a more turnkey payment product may be easier to adopt.
Platform onboarding and risk overhead
Embedded payments for platforms often require managing sub-merchant onboarding, underwriting considerations, and ongoing compliance processes. Even when the provider supplies tooling, the platform operator still carries operational responsibilities such as user support and dispute workflows. This can increase internal workload compared with using a basic gateway for a single merchant account.
Product availability can be contextual
WePay’s fit and availability can depend on geography, platform business model, and the acquiring/processing setup offered under the current ownership structure. Some buyers may encounter constraints related to supported countries, settlement options, or required commercial arrangements. These factors can affect time-to-launch for global or multi-region platforms.
Plan & Pricing
Pricing model: Pay-as-you-go (per-transaction processing; also supports negotiated Interchange‑Plus (IC+) and Partner IC+ models)
Free tier/trial: No permanent free plan or time-limited trial stated on official site (see notes).
Example costs (official pages):
- Blended / Standard (Link / Chase Integrated Payments, new U.S. businesses): 2.9% + $0.25 per transaction (card-not-present). Source: Link product page.
- Card-present (Link): 2.6% + $0.10 per transaction.
- Alternative blended reference (Terms of Service / default if Platform does not set fees): 2.9% + $0.30 per transaction (merchant processing default stated in Terms).
- IC+ (Interchange‑Plus): Available with custom markups (percentage + fixed ¢) and billing at end of cycle; supports detailed markup settings for credit card and ACH/eCheck (merchant and partner IC+ guides provide API fields and examples).
Other official fee examples & notes:
- Chargebacks / disputes: Terms and some developer docs reference a $15.00 chargeback fee (and $15.00 per ACH return) in addition to chargeback/return amounts; Link docs show a $0 chargeback fee for the Link beta offering (see notes on product differences).
- Refund handling: For blended-rate merchants, full refunds return WePay and Platform fees; partial refunds may not return WePay fees. For IC+ merchants refund policy is as specified in the applicable pricing disclosure.
- Monthly / recurring fees: Merchant IC+ documentation references a possible recurring monthly fee (configured via the pricing API) and other configurable fees (debit failure fees, refund markups, min/max fees for ACH, etc.).
Discount / negotiation options:
- Volume/commitment pricing and customized terms are available via sales for large merchants or platforms (contact sales / contract negotiation for Partner IC+ / Merchant IC+).
Key vendor pages consulted (official):
- Link product pricing & details (go.wepay.com/link)
- Developer pricing pages and IC+ guides (dev.wepay.com/pricing, dev.wepay.com/pricing/merchant-interchange-plus, dev.wepay.com/pricing/partner-interchange-plus)
- Terms of Service fee defaults (go.wepay.com/terms-of-service-us)
Notes / caveats:
- WePay offers multiple product paths (Link/Chase Integrated Payments, Clear/Core/IC+). Blended rates shown on public product pages apply to certain offerings (e.g., Link for new U.S. businesses); other products support interchange‑plus / custom pricing which requires contract negotiation.
- Official pages contain slightly different blended-rate disclosures (e.g., go.wepay.com/link shows 2.9% + $0.25 while Terms shows 2.9% + $0.30 as the default if a platform does not set fees). Both statements appear on WePay-owned pages; they reflect different product/contract contexts.
Seller details
JPMorgan Chase & Co. (WePay business; acquired WePay, Inc.)
United States (WePay originated in Palo Alto, California; current ownership under JPMorgan Chase)
2008
Public
https://wepay.com/
https://x.com/wepay
https://www.linkedin.com/company/wepay/
