The Future of Fintech and the importance of payments to a SaaS business:...
Scanning the news in the payments world this week was an interesting exercise because the two standout themes are very much aligned with what we do here at WePay and with the future of digital...
View ArticleSurveys highlight Fintech futures: WePay’s Week in Payments
It’s been a week of surveys, reports and analysis. Four completely different reports based on surveys and market analysis were released this week on four different topics but with one common theme:...
View ArticleSMB update: WePay survey finds payment challenges galore
What’s it like to run a small business? What obstacles do small business owners face? The WePay SMB & Money Survey, a national survey of 505 U.S. small business owners, addressed these and other...
View ArticleGlobal card payment growth: WePay’s Week in Payments
This week in payments news, there is a big survey and some supporting data that shows continuing rapid growth in the global card payments market, as well as some supporting evidence of growth in...
View ArticleFacing the Future of Fintech: WePay’s Week in Payments
It’s time once again for our weekly overview of what’s new in payments and what people are saying and doing of importance in the Fintech and payments industries. This week one major theme emerged –...
View ArticleIs cash on the way out or not? WePay’s Week in Payments
Themes from the news and discussion of payments this week include a couple of takes on the future of payments and how different approaches can shape that, especially with the rise of peer-to-peer...
View ArticleSame-day ACH and Asia payments news: WePay’s Week in Payments
It’s been a busy week for payments news globally, with a great deal of new developments around the globe and particularly in Asia. Leading off, The Paypers has a story about PaymentWall and Tencent...
View ArticleThe Promise of Global Digital Identities: Facilitating Ecommerce In A World...
A few weeks ago, I participated in a panel session at the K(NO)W Identity Conference in Washington D.C. to discuss the significant and growing Know Your Customer (“KYC”) challenges in the payments...
View ArticleMaking Payments Disappear – Taking Money should not get in the way of Making...
Although it is good to focus on getting paid, to keep the engine of prosperity humming along, the mechanism of payment should not get in the way of the fundamental business value you offer your...
View ArticleHow to pick the right mPOS solution
Your business has many reasons to investigate mobile payments solutions but you may not have considered mPOS (mobile Point-Of-Sale). Particularly if your business is principally online, why would you...
View ArticleZelle and payment futures: WePay’s Week in Payments
This week’s news in payments was dominated by one big announcement: US Banks launched a P2P payment solution, Zelle, aimed squarely at Venmo. PYMNTS.com has a great roundup of what was announced and...
View ArticleSecurity Update on TLS 1.0 and 1.1 Deprecation
We’re determined to help drive better commerce with less risk. One component of doing this is obsessively adhering to the industry’s PCI Security Standards Council. So when this organization issued a...
View ArticleThe three types of mPOS – watch our webinar on demand
We recently held a fantastic webinar on how to pick the right mPOS solution. An important issue for any online business is how to also be effective in managing offline commerce as well. The last few...
View ArticlePeople of WePay: Susan Dunn, General Counsel
For those not aware, what are the responsibilities of a General Counsel at a technology-driven company? My principal responsibility is product compliance. Financial services are a highly regulated...
View ArticleTo Surcharge or not to Surcharge? That is the Question
Platforms and merchants periodically ask us to help them pass credit card fees onto the customer, so that the merchant does not have to incur the charge. This practice, called surcharging, has...
View ArticleMeet our newest Wireless mPOS Reader
Offline commerce still makes up over 90% of total commerce, and it isn’t going away anytime soon. Meanwhile audio jacks and wires are increasingly disappearing from our devices. So WePay has added a...
View ArticlePeople of WePay: Chris Conrad, VP of Engineering and Product
Can you shed light on the difference in your experience leading in a large corporation like LinkedIn and a start-up like WePay? That is an interesting question, because I worked at LinkedIn when it...
View ArticleB2B Payments: How They are Different from B2C and What’s Important
Business-to-Business (B2B) payments involve a similar transaction process to Business-to-Consumer (B2C) on the technical level in terms of the security and compliance that is necessary to transfer...
View ArticlePeople of WePay: Andrea Corley, Senior Manager of Customer Delight
Why WePay? What led you here and why did you choose WePay? When I came to WePay, we had just rolled out our API product and wanted someone outside of engineering to help support it with our new...
View ArticleIntern Stories: Embrace Change
Most interns spend anywhere between 12-16 weeks at WePay. Unfortunately, I was only able to immerse myself in the company for 9 weeks due to my school schedule. Before starting my summer internship at...
View ArticleHow a Payments API Impacts Your Bottom Line
For developers, there are many reasons to use an API for payments. From RESTful design to comprehensive documentation, using an API can make a developer’s job much easier. But what’s less clear is the...
View ArticleHave Your Cake and Eat it Too: Customized User Experience (UX)
We know your ecommerce business is unique. Your business has a unique viewpoint, set of needs, and product. Why then would you partner with a payments processor offering an ordinary, inflexible...
View ArticleOne Question to Ask Before Evaluating Payment Processors
You have a lot on your mind. Running an ecommerce platform isn’t easy. You don’t have a lot of time to think about what payment processor you want to partner with. Before you go and sign up for one,...
View ArticleUpdated PCI Data Security Standards Self-Assessment Questionnaires Now Required
WePay remains fully committed to ensuring compliance with the latest data security standards as prescribed by the industry’s PCI Security Standards Council. As a reminder, there are updated...
View ArticlePeople of WePay: David Clarke, Director of QA
What is a valuable lesson that you have learned from your career in high-tech startups? I would say investing in great partnerships and relationships is the foundation of building great test software....
View ArticleTrends and Observations for 2017 from Money2020
WePay sent several members of our team to the annual Money 2020 conference in Las Vegas this week. We spent a great deal of time discussing our acquisition and looking toward an exciting new future...
View ArticleQ&A with Karen Webster, President of PYMNTS.com
WePay had the opportunity to catch up to Karen Webster, President of PYMNTS.com, at Money 20/20 and turn the tables a little on her by interviewing her about the payments space and trends she sees in...
View ArticlePeople of WePay: Sireesh Potireddy, Director of Product Management
You have been in the payments industry for many years while working at companies like Paypal and Groupon. What made you choose WePay and what appeals to you about its product? When I was at Groupon,...
View ArticleHow a good payment solution can help your business grow
If you’re looking to grow your overall business, one surprising place to look is your payments solution. If you want to increase revenues, you need to make sales. In order to make sales, your...
View Article2017: The Year in Payments
2017 has been a busy year in payments and for us here at WePay as we were acquired by JPMorgan Chase. We acknowledge that it’s the year of bitcoin and cryptocurrency, but the payments industry as a...
View ArticleMost read stories of 2017
As we take a deep breath and dive into the blank slate of 2018, it’s worth taking a quick look back at the highlights of 2017 and the top posts of last year. We dug into our metrics and here are the...
View ArticleLessons from SaaStr
The annual SaaStr conference is taking place right now in San Francisco. One of the tag lines for it is ‘learn and scale together’ and it boasts over 10,000 SaaS founders, CEOs, executives and...
View ArticleCFSI $3 Million Challenge to improve the financial health of underserved...
The Financial Solutions Lab (FinLab), part of the Center for Financial Services Innovation (CFSI) has launched a $3 million challenge to find fintech innovators and products that can help improve the...
View ArticleDrive higher conversion for your merchants with Chase Pay
We know how important it is to provide the best checkout experience for consumers — in fact, 56% of customers expect multiple payment options at checkout. With our Chase acquisition, we’re able to...
View ArticleWePay Engineering and Kubernetes Containerization
One part of keeping an organization like WePay running smoothly is handling the ebb and flow of transactions smoothly. We base a lot of our architecture on Google Cloud infrastructure and various open...
View ArticlePYMNTS interview on the future of POS
In this short interview, Rich Aberman, Chief Strategy Officer and co-founder of WePay talks with Karen Webster of PYMNTS.com about the future directions for Point of Sale (POS) and how these are...
View ArticlePYMNTS discussion on Compliance as a Service (CaaS)
In this short interview, Rich Aberman, Chief Strategy Officer and co-founder of WePay talks with Karen Webster of PYMNTS.com about compliance, how it affects platforms and ISVs and the emergence of...
View ArticleKey takeaways from fintech’s 2018 Money2020 conference
Money20/20 is the top global conference about and for the financial industry – it’s held every year in Las Vegas and it’s the premier conference for everyone associated with financial technology....
View ArticleSilicon Valley Project AI Meetup at WePay
Artificial Intelligence and Machine Learning have the power to enhance great teamwork and team productivity. WePay is hosting a Meetup of the Silicon Valley Project AI group at our offices on November...
View ArticlePYMNTS discussion: Is Instant Onboarding a Red Herring
Rich Aberman, Chief Strategy Officer and co-founder of WePay had a recent interview with Karen Webster of PYMNTS.com about the pros and cons of instant onboarding. Instant onboarding — the ability for...
View ArticlePayments Industry Predictions for 2019
2018 was a busy year in the world of payments as fintechs have continued to disrupt and force reactions from other financial institutions. Some of the things we saw during the year were the rise of...
View ArticleImproved Know Your Customer (KYC) Document Upload Process
Today, we released improvements to our Know Your Customer (KYC) document upload experience that give merchants better clarity about what documents they need to provide and about the review status of...
View ArticleReport from NACHA: Faster Payments get Banking Moving
I recently attended the Payments 2019 conference for the first time in 4 years. NACHA is the organization that sets rules and standards for financial messaging and administers the ACH network....
View ArticleAnnouncing Same-Day Deposits
Cash is the lifeblood of small businesses and managing cash flow can be the biggest pain point. According to SCORE, four out of five small businesses fail within the first five years from poor cash...
View Article2019: WePay’s Year in Integrated Banking
One of the biggest payments trends in 2019 was the push from tech companies to offer traditional banking services to their customers. Google announced its plan to offer checking accounts, further...
View ArticleHow WePay reconciles transactions accurately at scale
Tracking payment transactions, as they flow through our systems at huge volume, is one of the most important tasks that WePay’s systems have to handle. Not only do we have to correctly enact any...
View ArticleHow to choose an in-person payment system
Although the world has steadily moved towards ecommerce and newer contactless technologies and smartphone-based apps like Apple and Google Pay, the reality is that card present is the foundation of...
View ArticleWePay Card Present Solutions adds next-generation in-person payments...
Our new Card Present Solutions feature gives ISVs and software platforms the ability to add in-person payments as well as online payments. The feature is offered with both our Link and Clear products...
View ArticleIf it looks too good to be true…
The COVID-19 epidemic has brought to light a new kind of risk for e-commerce platforms and merchants. In all forms of commerce, there are always malicious third-party actors looking for new victims....
View ArticleQuickAccept launch highlights how Chase is building on WePay APIs
Chase for Business has announced a new business banking account called Business Complete Banking with a new feature, QuickAccept. QuickAccept allows a business owner to take card payments in minutes,...
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