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).

Now that the acquisition is complete, WePay will continue to operate as a stand-alone entity and serve its 1,000 clients, including Freshbooks, Constant Contact, and GoFundMe. Under its new parent company, California-based WePay will continue to expand its client-base. The company’s CEO Bill Clerico will remain as head of the company, working alongside Chase merchant services CEO Matt Kane.

“We see exponential growth ahead of us as we combine our fintech products and culture with the global brand, scale, proficiencies, and distribution of Chase,” says Clerico. “We are headed into a massive expansion of our team, with particular focus on engineering and product management, and looking for a new headquarters in the Bay Area to accommodate our planned growth.”

As a part of this growth, WePay will power a new service from Volusion called Volusion Payments. The Austin-based e-commerce company serves 30,000 active small and mid-sized business (SMB) merchants with $28 billion in cumulative sales.

In a statement, Kevin Sproles, Volusion’s founder and CEO, says that the new offering will allow Volusion to help its SMB clients “get up and running instantly, with next-day settlement, competitive rates, and all of their payment processing tightly integrated within the software they’ve already chosen for managing their online stores.”

Source : http://www.bankingtech.com/2017/12/wepay-to-power-payments-for-volusion/

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Volusion is one of the best online store builders and grant you to sell online by offering entire requirements to design an “Ecommerce software solution” website. It offers a skilled online storefront, logical payment options and POS application to boos up the retail sales. Shopify is an ecommerce platform, which lets you to build and run your own online store in your place and anywhere.

· Shopify Offers Best Platform for Customers : Users can simply and rapidly create their own online store without basic technical knowledge in designing and design their own website by utilizing our platform. Otherwise you to have spend high cost to hire technical person to develop it.

· Advance Technology Shopify tooled a Guru program, which connects e-commerce experts with fresh customers in order to confer them on how to run a successful online store and enlarge their business platform. Shopify avoids inconvenience of your task, so our merchants can concentrate on their work peacefully.

· Fashion Designing Themes Shopify theme stock ensures a variety of over 100 exclusive and free ecommerce templates. The Shopify theme stock contains a wide range of professional looking templates for clothes, Fashion, Jewelers, Photography, and many more.

· Management Activities Merchants can utilize Shopify to manage entire features of their Web Store such as uploading products, modifying the web-design, access credit cards, monitor incoming orders and completed transactions

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· Business Growth We embrace entire solutions needed to develop and promote a successful online business in a simple way. Shopify was launched with a single store, but now its facilitates over 100,000 online retailers such as General Electric, Tesla Motors, Encyclopaedia Britannica, Foo Fighters, etc.

· Shopify App Store The App store is a group of free and exclusive plugins, which covers the functionality of your online store. It is a best way to add more specific aspects to Shopify. User can use your favorite programming language to develop new apps for your online store and share with other shopify merchants by using our Shopify API.

· Marketing Shopify ensures more opportunities for customers to reach out many shoppers, by selling directly on major channels like Facebook, Amazon and eBay. SEO features of the Shopify ensures your e-commerce website to get more sales from Google, Bing and Yahoo.

· Payments Gateways Shopify sorts out a simple way for customers to purchase by accessing all major credit cards such as Visa, Master card, American Express, etc. Further more, we even offer flexible payment methods like PayPal.

· Professional photographers Shopify utilize Photography experts to ensure a superior-quality online listings with professionally-shot photos to shine your products for selling.

· Funding achievements In this year Shopify achieves $1.5 billion by selling the products through their platform. Roamsoft R&D department has been researched on Shopify for several years and launched most fascinating “Shopify Clone Script”. Any individual without the basic technical knowledge of web-designing can develop an “Online Store” similar to Shopify by utilizing Shopify clone script, which delivers the best business prospects and various options.

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Volusion is one of the best online store builders and grant you to sell online by offering entire requirements to design an "Ecommerce software solution" website. It offers a skilled online storefront, logical payment options and POS application to boos up the retail sales. Shopify is an ecommerce platform, which lets you to build and run your own online store in your place and anywhere.
·      Shopify Offers Best Platform for Customers : Users can simply and rapidly create their own online store without basic technical knowledge in designing and design their own website by utilizing our platform. Otherwise you to have spend high cost to hire technical person to develop it.
·      Advance Technology Shopify tooled a Guru program, which connects e-commerce experts with fresh customers in order to confer them on how to run a successful online store and enlarge their business platform. Shopify avoids inconvenience of your task, so our merchants can concentrate on their work peacefully.
·      Fashion Designing Themes Shopify theme stock ensures a variety of over 100 exclusive and free ecommerce templates. The Shopify theme stock contains a wide range of professional looking templates for clothes, Fashion, Jewelers, Photography, and many more.
·      Management Activities Merchants can utilize Shopify to manage entire features of their Web Store such as uploading products, modifying the web-design, access credit cards, monitor incoming orders and completed transactions.
·      Business Growth We embrace entire solutions needed to develop and promote a successful online business in a simple way. Shopify was launched with a single store, but now its facilitates over 100,000 online retailers such as General Electric, Tesla Motors, Encyclopaedia Britannica, Foo Fighters, etc.
·      Shopify App Store The App store is a group of free and exclusive plugins, which covers the functionality of your online store. It is a best way to add more specific aspects to Shopify. User can use your favorite programming language to develop new apps for your online store and share with other shopify merchants by using our Shopify API.
·      Marketing Shopify ensures more opportunities for customers to reach out many shoppers, by selling directly on major channels like Facebook, Amazon and eBay. SEO features of the Shopify ensures your e-commerce website to get more sales from Google, Bing and Yahoo.
·      Payments Gateways Shopify sorts out a simple way for customers to purchase by accessing all major credit cards such as Visa, Master card, American Express, etc. Further more, we even offer flexible payment methods like PayPal.
·      Professional photographers Shopify utilize Photography experts to ensure a superior-quality online listings with professionally-shot photos to shine your products for selling.
·      Funding achievements In this year Shopify achieves $1.5 billion by selling the products through their platform. Roamsoft R&D department has been researched on Shopify for several years and launched most fascinating "Shopify Clone Script". Any individual without the basic technical knowledge of web-designing can develop an "Online Store" similar to Shopify by utilizing Shopify clone script, which delivers the best business prospects and various options.