WePay to power payments for Volusion

Having finalised its acquisition of WePay, JP Morgan Chase announced that it has already put the payments platform to work: powering commerce platform Volusion, reports Finovate (Banking Technology’s sister company).

Since it was founded in 2009, WePay has been creating payment APIs and processing payments on behalf of small businesses. Earlier this fall, the company announced it would be acquired by J.P. Morgan Chase in a deal that was finalized today. While the terms of the deal were officially undisclosed, TechCrunch reported that Chase picked up WePay for $300 million (up to $400 million including retention bonuses and potential earn-outs).

Source : http://shoppieeshop.com/blog/wepay-t...-for-volusion/

Since it was founded in 2009, WePay has been creating payment APIs and processing payments on behalf of small businesses

Earlier this fall, the company announced it would be acquired by J.P. Morgan Chase in a deal that was finalized today

Having finalised its acquisition of WePay, JP Morgan Chase announced that it has already put the payments platform to work: powering commerce platform.