We use this feature to sell someone else's widgets on our website. The money is collected into a FDIC insured bank account for the seller, that we can create with an API call. Money goes immediately into that account as soon as it comes in. We take our cut, wepay takes theirs and the money is deposited. The seller can then xfer the money into their own bank account. We also use an iframe based form for collecting the payment information. This way, it integrates cleanly into our website and we don't have to manage any of that process.
This is a feature that PayPal has, but they have a horrible API and even worse documentation. WePay's is simple, clean and full of awesome. They also have a nice staging system that identically mirrors their production system, so it makes it easy to do development and testing.
We use this feature to sell someone else's widgets on our website. The money is collected into a FDIC insured bank account for the seller, that we can create with an API call. Money goes immediately into that account as soon as it comes in. We take our cut, wepay takes theirs and the money is deposited. The seller can then xfer the money into their own bank account. We also use an iframe based form for collecting the payment information. This way, it integrates cleanly into our website and we don't have to manage any of that process.
This is a feature that PayPal has, but they have a horrible API and even worse documentation. WePay's is simple, clean and full of awesome. They also have a nice staging system that identically mirrors their production system, so it makes it easy to do development and testing.