Online payments company, WePay, is lowering the price of its payment API and is providing its partners with the ability to control the customer checkout experience (view press release). The API price is now 2.9% + USD0.30, down from 3.5% with no set up or monthly fees. Partners can use the tokenisation feature which allows them to use their own payment forms and control the payment experience.
"We built the WePay API in the same spirit as we built our consumer-facing tools, which make it easy for small businesses and individuals to start accepting payments online," said Bill Clerico, WePay CEO and co-founder. "Our API now allows third-party platforms to integrate WePay payment services into their applications, so that their users can start accepting payments just as easily. Shopping cart providers, website builders, and crowd funding platforms, for example, can create accounts and facilitate payments for their users through our API."