Rasmus Lerdorf, Ron Conway, List Of On-Line Payment Service Providers
Polic
(2013-01-08
)
eligible for voucher
ISBN-13:
978-613-8-89929-7
ISBN-10:
6138899296
EAN:
9786138899297
Book language:
English
Blurb/Shorttext:
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. WePay is an online payment service for groups and organizations in the United States. The company creates lightweight, shareable accounts -insured by the Federal Deposit Insurance Corporation with functionality that permits payments into and out of those accounts. Founded in 2008 in Boston, WePay is based in Palo Alto, California.The company profits through commissions, where it receives either 50 cents or 3.5% of the total transaction depending on whether the payment was made with a credit card or bank account.The company has a partnership with 1000Memories, an online memories website, in which WePay gives free accounts to 1000Memories users. This allows visitors to donate money in the names of the deceased using WePay's service.