When comparing Wepay vs Splash Payments, the Slant community recommends Wepay for most people. In the question“What are the best online payments APIs?” Wepay is ranked 2nd while Splash Payments is ranked 7th. The most important reason people chose Wepay is:
WePay has developed world-class technology for detecting online fraud which takes the burdon off their customers. WePay utilizes their users social presence to establish identity and reputation which enables them to optimise risk and availability of funds. This results in fewer instances of merchants having to deal with chargebacks and drastically reduces the need to freeze accounts.
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Pros
Pro Advanced Fraud Detection
WePay has developed world-class technology for detecting online fraud which takes the burdon off their customers. WePay utilizes their users social presence to establish identity and reputation which enables them to optimise risk and availability of funds.
This results in fewer instances of merchants having to deal with chargebacks and drastically reduces the need to freeze accounts.
Pro Full Featured
Not only does WePay offer an API but they also provide a fully featured set of embeddable payment buttons. The payment buttons enable you to accept donations, sell tickets and host a store.
Unlike Paypal, everything (including the checkout process) happens on your site, which helps to reduce churn by up to 50%.
Pro Customer Service
WePay takes a more holistic approach to customer service when compared to competitors such as Stripe as they provide full support to developers and payers.
WePay has a great reputation for customer support and have a dedicated team to support their users over phone, live chat, and email.
Pro Simple Integration
The WePay API is simple to integrate yet flexible enough to handle multiple use cases. The API has the following use cases:
Traditional Payment Gateway - Allows you to easily start accepting payments in your staging environment in minutes. No minimums, no contracts and none of the headaches traditionally associated with payment gateways.
Marketplace - Creates financial accounts for your merchants, this allows developers not to have to worry about aggregation laws and other relegation red-tape.
The API also allows two main options when it comes to the buyer checkout process:
- Hosted Checkout - WePay handles all the PCI requires for you.
- Integrated Checkout - Enables the developer to build and host the pages to fully integrate the payment service into their product. This is especially useful for mobile applications or businesses that want full control over the checkout experience.
Pro Split payments for marketplaces
Pro You have the ability to become your own PayFac once payment volume exceeds 10M/month
Pro No chargeback liability for marketplace owners
Pro Simple pricing of 2.9% + $0.30 per transaction
Pro Recurring billing options
Pro Card number tokenezation
Pro Open to unique business types
Pro Easy to use
Pro Seamless onbarding for sub-merchants
Cons
Con Flimsy tech
Based on people that I've spoken with their API doesn't work very well.