WePay Launches ‘Easy’ Button
Aug. 30, 2012
WePay, a Palo Alto, Calif.-based company that began its life as a way to make group payments but has morphed into an online alternative payment method, yesterday said it is offering merchants a simple way to accept online payments on their own site without requiring them to write code or redirect their customers to hosted payment pages. The company is offering merchants the ability to post payment buttons like “Buy Now” or “Donate” by embedding code on their Websites.
“WePay already goes a long way toward improving online payments, but these Payment Buttons represent our most ambitious undertaking to date,” said WePay CEO Bill Clerico. “We want to make accepting payments on your site as easy as embedding a YouTube video. No other payment company allows you to accept payments on your own site, without requiring a redirect or any programming whatsoever.”
The company is charging 2.9 percent plus 30 cents per credit-card transaction and 1 percent plus 30 cents per bank payment.