"Paypal for Groups" Startup WePay (YC S09) Raises $7.5M Series B
mashable.com
mashable.com
1) facebook - 500 million users 2) Use facebook groups for random money collection 3) WePay => fb ~= PayPal => eBay 4) YC gets nice payout and WePay mafia fund a hot YC startup that solves micro-finance problem
PayPal by itself is a good metaphor for explaining concepts that would otherwise be difficult to grasp; WePay isn't doing that good a job of explaining exactly what it is about. I find that their cornucopia of usage examples do more harm than good - especially with "13 more examples" JS drop-downs in some categories.
I agree. We have struggled with this since the beginning.
Thanks for the feedback; we will definitely keep working on our messaging.
I'm by no means a UX expert, but I think I would prefer that you just break down the options into ones that work differently from each other; for instance, I just figured out that group collections display how the transactions are spent, whereas charitable donations don't. I didn't even get that from watching the usage list.
Your home page generally does a great job of addressing most of my thoughts, but the collect-manage-spend doesn't really translate into anything by itself. The "I want to" doesn't either - especially since I usually choose an "Other" option.
Keep it up, I love to ditch PayPal and Google Checkout whenever I can.
PS: The "More" link for the customer testimonies doesn't work in the most recent version on Opera. Maybe it's on my end, maybe it's not. :)