WePay

About WePay

WePay, a U.S.-based payment service provider, offers customizable payment solutions for platform businesses such as crowdfunding sites, marketplaces, and small business software companies. Acquired by JPMorgan Chase in 2017, it leverages the bank's resources to provide benefits like fast payouts, low fees, and access to a wide merchant network. WePay supports both online and in-person payments with card present solutions integrated through pre-certified hardware. It features instant merchant onboarding, digital servicing, multiple payout options including same-day deposits, and fund tracking tools. The Partner Center helps businesses streamline operations, manage payments, and access actionable insights for smarter decision-making.

Standard Transaction Fee

There are three distinct services:
Link: 2.9% + 25¢ (For Mastercard, Visa, American Express, Discover and Chase debit and credit transactions. ACH may be assessed at a different rate) |

Clear: Merchants set their own pricing. This is a WePay White Label payment method |

Core: Suitable for merchants with high transaction count. The largest Payment Facilitators can integrate directly to Chase’s core infrastructure

Custom Pricing

Yes

Additional Fees

Accepted Payment Methods

Visa, Mastercard, American Express, Discover, JCB and Diners Club, Bank Account/eCheck (ACH), China Union Pay

Available Merchant Countries

United States Of America, Canada

Supported Business Types

Software As A Service (Saas), Digital Products, Online Marketplace, Mobile, E-Commerce, Subscription, In-Person Businesses, Stores, Retail, Freelancing

Headquarters

California, USA

Features

Merchant of Record: No

Online Checkout: Yes

API: Yes

POS Terminal/Virtual: Yes

High-Risk Support: No

Restricted/Prohibited Business

Drugs, Drug Proprietaries, Druggist Sundries (B2B), Adult Entertainment and Adult-Oriented Businesses, Collection Agencies, Consumer Debt Buyers, Collection Litigation Law Firms, Credit Risk Start-up Professional Sports Leagues, Products/Services Solely Based on Guaranteed Rebate, Refund, or Prize, Lifetime Guaranty, Lifetime Memberships, Airlines, Car Rental Agencies, Branded Lodging (Hotels, Motels, Resorts), Timeshares, Travel Agencies, Travel Tour Operators, Pharmaceuticals (Non-Face-to-Face Activity), Tobacco, E-Cigarettes, Vaping, Direct Marketing (Outbound Telemarketing), Continuity Subscription Practices, Casinos and Other Gaming Establishments, Online Sports Betting (Including Daily Fantasy Sports), FinTechs (e.g., P2P Crowdfunding), Marketplaces, Payment Facilitators, Ingestible Products Containing Hemp-Derived CBD (e.g., Supplements and Food Additives, Excluding Canada), Digital Wallet, Stored Value, Top-Up Wallet, Prepaid Companies, Prepaid Phone Cards, Cash Services, Sale of Mobile Minutes, Quasi Cash, Cannabis (Excluding Canada), Cyberlockers, Direct Marketing (Travel-Related Arrangement Services), Non-Financial Institutions (Foreign Currency, Cryptocurrency Merchants), High-Risk Securities, Skill Games Merchants, Government-Owned Lottery Merchants (U.S. Region Only), Government-Licensed Horse/Dog Racing (U.S. Region Only), Dating Services, Government-Owned Lottery Merchants (Specific Countries)