Competitor Profile: WePay

2020-01-09
Price :
Published : Jan-2020
No. of Pages : 15

Competitor Profile: WePay

Summary

WePay is a US-based online payment service provider that enables e-commerce platforms, marketplaces, and crowdfunding platforms to accept payments for products and services offered through their websites and mobile apps.

Founded in the US in 2008, it expanded to Canada in 2015 and to the UK in 2016. It was acquired by JPMorgan Chase in October 2017. WePay serves a number of businesses globally, including online merchants, marketplaces, and platforms.

The solution enables clients to accept a wide range of web-based payments through Apple Pay, bank accounts, and payment cards from major scheme providers including Visa, Mastercard, American Express, and Discover. In addition to payment processing, WePay helps online marketplaces manage payouts between sellers and assists with the onboarding of individual merchants. It also enables merchants to accept in-store payments via mobile point of sale (mPOS) terminals.

The report provides information and insights into alternative payment solution WePay, including –
– Detailed insight into its business and geographical presence
– Comprehensive coverage of its products and services
– Comparative assessment with key alternative payment solutions
– Information on its revenue model
– The company’s important events and milestones

Scope

– WePay offers an integrated payment solution designed for e-commerce platforms/marketplaces and crowdfunding websites.
– WePay offers mPOS terminals to merchants in collaboration with ROAM, enabling merchants to accept in-store payments.
– In December 2017, JPMorgan Chase completed the acquisition of WePay.
– In December 2019, WePay partnered with accounts receivable automation platform Invoiced. This allows Invoiced to offer faster invoice payments to its 23,000 clients.

Reasons to buy

– Gain insights into WePay’s business operations, and key events.
– Gain insights into its product portfolio and revenue model.
– Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.

Filed in: Banking & Finance
Publisher : GlobalData
More Reports
Title Price Buy Now

Coronavirus (COVID-19) Sector Impact: Payments Snapshot – France

Coronavirus (COVID-19) Sector Impact: Payments Snapshot - France Summary The coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel coronavirus a pandemic on March 11, 2020. This report focuses on the impact of the coronavirus outbreak on both the economyand the cards and payments industry in France. Based on our proprietary datasets, the snapshotprovides a detailed comparison between pre-COVID-19 forecasts andrevised forecasts of total payment card, debit card, and credit and charge card transactions by value and volume. It also offe......
$1495

Coronavirus (COVID-19) Sector Impact: Payments Snapshot – The UK

Coronavirus (COVID-19) Sector Impact: Payments Snapshot - The UK Summary The coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel coronavirus a pandemic on March 11, 2020. This report focuses on the impact of the coronavirus outbreak on both the economyand the cards and payments industry in the UK. Based on our proprietary datasets, the snapshotprovides a detailed comparison between pre-COVID-19 forecasts andrevised forecasts of total payment card, debit card, and credit and charge card transactions by value and volume. It also offe......
$1495

MetLife: Enterprise Tech Ecosystem Series

MetLife: Enterprise Tech Ecosystem Series Summary MetLife is a financial services company that provides insurance, annuities, employee benefits, and asset management products and services. The company markets and sells its products and services to individuals, corporations, and their respective employees, and other institutions through independent agencies, brokerage firms, sales offices, direct marketing, career agencies, bancassurance, and other third-party distribution and e-commerce channels. The company operates in the US, Latin America, Asia, Europe, and the Middle East. Japan is its largest base of operations in Asia; it has also set up an innovation center in Singapore and a data analytics center of excellence in Malaysia. This report provides insights into MetLife's digital tra......
$1295

Aetna: Enterprise Tech Ecosystem Series

Aetna: Enterprise Tech Ecosystem Series Summary Aetna (a subsidiary of CVS Health) is a healthcare benefits company. Aetna offers a range of traditional, voluntary, and consumer-directed health insurance products and related services. The company provides insurance products for medical, dental, pharmacy, behavioral health, long-term care, medical stop loss, group life, and disability. It also offers Medicaid healthcare management services, Medicare Advantage and Medicare supplement plans, and workers' compensation administrative services. In November 2018, CVS Health acquired Aetna to combine the latter's healthcare benefits products and services with its own integrated pharmacy capabilities with the aim of delivering connected care and outcomes. As a result of the acquisition, CVS adde......
$1295

The Progressive Corporation: Enterprise Tech Ecosystem Series

The Progressive Corporation: Enterprise Tech Ecosystem Series Summary The Progressive Corporation is an insurance holding company. It offers a range of personal and commercial automobile insurance, specialty property-casualty insurance, and other related services. It offers insurance products for motorcycles, all-terrain vehicles, recreational vehicles, manufactured homes, watercraft, and snowmobiles. The company also operates a property business, providing residential property insurance for homeowners, other property owners, and renters. It markets and distributes insurance products through independent insurance agents and brokers, the internet, mobile devices, and over the phone. This report provides insights into The Progressive Corportation's digital transformation strategies, accel......
$1295

Legal & General: Enterprise Tech Ecosystem Series

Legal & General: Enterprise Tech Ecosystem Series Summary Legal & General provides insurance, saving, and investment products. The company offers individual and group protection plans, annuities, mortgages, pension plans, and general insurance products. It offers property, car, and mortgage life insurance. It also provides travel insurance, pet insurance, critical illness cover, lifestyle cover, retirement products, pension products, and investment and savings products. In addition, the group offers mortgage advisory services, risk management, and claims management solutions. It serves individuals, families, and business customers across the UK, the US, and Bermuda. This report provides insights into Legal & General's digital transformation strategies, accelerator programs, and innovati......
$1295

COVID-19 Impact on the Payments Industry: China Forecast Snapshot

COVID-19 Impact on the Payments Industry: China Forecast Snapshot Summary The coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel coronavirus a pandemic on March 11, 2020. This report focuses on the impact of the coronavirus outbreak on both the economyand the cards and payments industry in China. Based on our proprietary datasets, the snapshotprovides a detailed comparison between pre-COVID-19 forecasts andrevised forecasts of total payment card, debit card, and credit and charge card transactions by value and volume. It also offe......
$1495

Groupe BPCE: Enterprise Tech Ecosystem Series

Groupe BPCE: Enterprise Tech Ecosystem Series Summary Groupe BPCE is a banking group that offers a range of commercial banking, insurance, corporate finance, investment management, and financial solutions. It was formed as a merger between Caisse nationale des caisses d'épargne (CNCE) and Banque fédérale des banques populaires (BFBP) and operates four business segments: Retail Banking & Insurance, Asset & Wealth Management, Corporate & Investment Banking, and Corporate Center. The company provides loans and credit, demand deposits, debit, and prepaid cards, equities, sureties and guarantees, lease financing and consumer credit solutions, and business services. The group also offers mergers and acquisition advisory services, strategic and acquisition finance, and investment and risk m......
$1295

Wirecard: Competitor Profile

Wirecard: Competitor Profile Summary Wirecard is a global merchant acquiring and payment processing company that provides in-store, online, and mobile payment solutions to merchants. Wirecard offers a range of point of sale (POS) and mobile point of sale (mPOS) terminals for in-store payments, as well as online services such as Gateway and payment pages for online merchants. Merchants can accept all leading payment methods - including cards and digital wallets - with support for leading schemes including Visa, Mastercard, American Express, China UnionPay, Diners Club, Discover, and JCB. Wirecard has an issuing license from Visa and Mastercard, an e-money license, and a full banking license for the Single Euro Payments Area (SEPA) region, enabling it to offer a wide range of issuing and......
$350

Slovakia Cards and Payments: Opportunities and Risks to 2023

Slovakia Cards and Payments: Opportunities and Risks to 2023 Summary GlobalData's 'Slovakia Cards and Payments: Opportunities and Risks to 2023' report provides detailed analysis of market trends in the Slovakian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2015-19e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2019e-23f). It also offers information on the country's competitive landscape, including the market shares of issuers a......
$2750
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy