WePay

WePay is a payments company that focuses on providing payment processing solutions for software platforms and online marketplaces. Founded in 2008, it was acquired by J.P. Morgan Chase & Co. in 2017. WePay's core offering is an integrated payment solution that allows businesses to accept payments directly within their own applications or websites, without redirecting customers to a separate payment page. This approach aims to improve the customer experience and reduce cart abandonment rates.

The company's technology is designed to be embedded into the software used by businesses, offering APIs and SDKs for seamless integration. This allows software providers to offer payment processing as a feature of their own products, creating a white-labeled payment experience for their end-users. WePay handles the complexities of payment processing, including compliance, security, and fraud prevention, on behalf of the software platform.

WePay serves a variety of industries, including crowdfunding, accounting software, non-profits, and membership organizations. By partnering with software providers, WePay can reach a broad range of businesses that might not have the resources or expertise to implement their own payment systems. The acquisition by J.P. Morgan Chase has further integrated its capabilities into the broader financial services offerings of the bank, aiming to provide enhanced payment solutions for businesses of all sizes.