Wednesday, July 20, 2011

Online payment company WePay targets small retailer e-commerce

Online payment startup WePay is launching WePay Stores, a new e-commerce solution for small businesses with zero tech prowess, one might argue.

It is billed as a simple solution for merchants without programming experience or technical ability. It takes a few minutes to start a store and retailers don’t need a merchant account.

WePay handles payments, hosting and shopping cart. There are no set up fees, contracts or monthly fees. Merchants sell items by uploading an image, adding a description and setting a price.

“Most merchants, including those that use PayPal, have to go figure out two different companies, one that offers payments and another that offers an online store,” says WePay CEO Bill Clerico. “It’s up to the merchant to get them to work together, and figure total cost. Instead, we hold your hand through the design and payment process."

1 comment:

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