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  1. Stackups
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  3. Payments
  4. Payment Services
  5. PayPal vs WePay

PayPal vs WePay

OverviewDecisionsComparisonAlternatives

Overview

PayPal
PayPal
Stacks19.5K
Followers14.8K
Votes665
WePay
WePay
Stacks6
Followers27
Votes3

PayPal vs WePay: What are the differences?

  1. Transaction Fees: PayPal charges a flat fee per transaction, while WePay offers customized rates based on the specific needs of the business, potentially resulting in lower fees for high volume transactions.
  2. Payment Options: PayPal allows users to pay using their PayPal balance, bank account, credit or debit cards, while WePay offers a more limited range of payment options, focusing primarily on debit and credit cards.
  3. Account Stability: PayPal is established and widely used, offering a sense of security and trust for both buyers and sellers. WePay, on the other hand, is relatively newer and may not have the same level of recognition and reliability.
  4. Integration Flexibility: WePay provides more flexible integration options for businesses, allowing for a more seamless experience within their existing platforms compared to PayPal.
  5. Customer Support: PayPal has dedicated customer service teams and resources, offering a higher level of support for users. WePay may have slower response times or less comprehensive support options.
  6. International Transactions: PayPal has a strong presence in international markets, offering multi-currency support and easy cross-border transactions. WePay may have limitations or higher fees for international transactions.

In Summary, PayPal and WePay differ in transaction fees, payment options, account stability, integration flexibility, customer support, and international transaction capabilities.

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Advice on PayPal, WePay

James
James

Lead Application Architect at TekPartners

Nov 1, 2021

Decided

I used (tried to use) PayPal on one project and it was a total nightmare. At the time there was no cohesive "one" web-based product, you had to choose between three and the lines between them were very muddled. We reached out to developer support several times and they were no help at all. The documentation was old (incorrect) and confusing. Granted this was several years ago, but the pain remains. Given a choice of using PayPal and sticking hot needles in my eyes, I would first ask "How big and hot are these needles we're talking about?" Stripe is SO much easier!

65.1k views65.1k
Comments
Francesco
Francesco

CTO at ORDR.menu

Dec 1, 2021

Decided

After the initial investigation on which platform to use to process our payments, Stripe was a total no brainer.

We are heavy users of Stripe Connect, which allows us to collect payments on behalf of our client restaurants. Connect makes it super easy to collect, payout and manage any fee structure.

At the time that the platform was written it was also the only platform that was working flawlessly with Google Pay and Apple Pay on the Web.

Today we also give out to our clients Terminals from Stripe, allowing us to process all payments under a single unified interface.

We are looking forward to further integrations, like with AliPay and other local payment methods.

37.7k views37.7k
Comments
Team
Team

Product Team at Showwcase

Jan 19, 2021

Needs adviceonStripeStripePayPalPayPal

Hi Folks,

I represent Showwcase, which is a network built for coders.

We're introducing a paywall for content creators on the platform to start accepting payments from their Followers for premium and unique content over and above the general free content. We are internally considering either Stripe or PayPal to handle this for us.

If we take the pricing out of the debate, what's the go-to choice when choosing which to integrate? Our current standpoint is that Paypal has wider consumer adoption, and since most creators are individuals, it makes sense to just use Paypal because they already have an account. However, our business uses Stripe, and so it makes it easier if both the platform (Showwcase) and creators to be on the Stripe platform. That being said, if creators don't already have an account, they will need to sign up with Stripe on the spot, which is a friction point.

I would like to hear the pros and cons in developer environments as well as any other things we might not know.

74.5k views74.5k
Comments

Detailed Comparison

PayPal
PayPal
WePay
WePay

PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.

WePay helps people sell tickets to events, send invoices, sell items online, and accept donations online. WePay also provides an API that allows developers to access its payments platform.

2.9% + $0.30 or less- With our flat, transparent pricing, you’ll never be surprised by hidden or variable fees. We also offer discounted rates when you sell a lot, or when you use our card reader.;Keeping every seller secure- If you’re sent an unauthorized payment, or a buyer claims they never received an item, our Seller Protection covers you for the full amount of the eligible payment.;Easy for them, easy for you- With just a few clicks, you can get paid by debit card, credit card, or a PayPal transfer. All someone needs to start buying from you is your e-mail address or mobile number.;Adaptive Payments- The Adaptive Payments API allows merchants and developers to pay almost anyone and set up automated payments.;Express Checkout- Express Checkout allows merchants and developers to minimize the number of steps customers must complete when they checkout.;PayPal Payments Advanced- PayPal Payments Advanced allows merchants to enable their online stores to collect payment directly via credit card or via PayPal Express Checkout.
Online Invoicing- Send custom, professional invoices to your customers. Customers receive an email and can pay online.;Itemization- Get paid for all your work. Itemize your invoices so customers know exactly what they're paying for.;Recurring Invoices- Save time by sending recurring invoices online. Automatically send invoices weekly, monthly, quarterly, or annually.;Get Paid On Time- No more waiting for checks in the mail. Using WePay's online invoicing system means you'll get paid instantly. You can even track your invoices and send automated reminders.;Low Fees- Sending invoices is free and simple. It's just 2.9% + 30¢ to accept credit card payments. No setup fees, no monthly fees, no hidden fees.;Virtual Terminal- Instantly accept credit cards in person or over the phone. Sign up, enter the card number, and get paid in minutes.;Get Paid Everywhere- Accept credit cards at the office or on the road with WePay for iPhone. Send customers a professional receipt and get paid instantly.;Straightforward Pricing- Just 2.9% + 30¢, even American Express. No sign up fees, no monthly fees, no hidden fees.;Fast Setup- Sign up for free and charge cards. There are no applications or contracts. Accept your first payment in minutes with our virtual terminal software.;No Hardware- Simply enter a customer's credit card information to charge their card. There's no hardware to lose so you never miss a sale.;Payment Buttons- Accept payments on your site without writing code. Customers never have to leave your site. It's as easy as copy-and-paste.;No programming- If you can embed a Youtube video, you can accept payments with WePay. It's as easy as copy-and-paste.;No redirects- Payments are made on your site. Your customers never have to leave. Just embed the button, and we'll take care of the rest.;Powerful features- “Add to cart” buttons let you sell multiple items, “donate” buttons help you raise money, and “register” buttons make registration simple.
Statistics
Stacks
19.5K
Stacks
6
Followers
14.8K
Followers
27
Votes
665
Votes
3
Pros & Cons
Pros
  • 196
    Most known service
  • 135
    Consumers know it
  • 113
    It's available for many countries
  • 70
    Easy
  • 54
    Best way to get paid outside US
Cons
  • 1
    Harder to get started with
  • 1
    Less countries supported
  • 1
    Not well written recurring payment api
Pros
  • 1
    Nice development enviroment
  • 1
    Easy setup
  • 1
    Amazing API
Integrations
Formstack
Formstack
Wufoo
Wufoo
Constant Contact
Constant Contact
Shopify
Shopify
Recurly
Recurly
Formstack
Formstack
WordPress
WordPress

What are some alternatives to PayPal, WePay?

Stripe

Stripe

Stripe makes it easy for developers to accept credit cards on the web.

Braintree

Braintree

Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.

Recurly

Recurly

Recurly is the leading pay-as-you-go recurring billing service because setup is easy, integrations are quick, and our service grows with the needs of your business.

Adyen

Adyen

A payments technology company that provides a single global platform to accept payments anywhere in the world. Businesses can process payments across online, mobile and in-store (POS) with over 250 payment methods and 187 currencies.

Payoneer

Payoneer

It is a financial services company that provides online money transfer and digital payment services and working capital solutions

TransferWise

TransferWise

It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.

Amazon FPS

Amazon FPS

With Amazon Flexible Payments Service developers can accept payments on their website for selling goods or services, raise donations, execute recurring payments, and send payments. Amazon customers can pay using the same login credentials, shipping address and payment information they already have on file with Amazon. Amazon FPS supports the processing of payments using credit cards, bank accounts and Amazon Payments account balances to send or receive money.

Zuora

Zuora

Zuora gives you the enterprise-class, cloud-based tools you need to launch and scale any subscription service, quickly and affordably. Design your pricing and packaging, start taking quotes and placing orders, automate your billing and payments, and keep tabs on your financials.

Razorpay

Razorpay

Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, netbanking, UPI and more.

2checkout

2checkout

Accept payments online, anytime, anywhere. 2Checkout.com is an online payment processing service that helps you accept credit cards, PayPal, and debit cards.

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