I want to focus on delivering value to my customers - I'm not trying to become a pay button implementation expert. I'm not very happy about wepay making this move. I think I am going to be switching to stripe.
At the end of the day, unlike Stripe which is building broader payment functionality - we're trying to provide payments for a very focused usecase: platforms (like marketplaces, crowdfunding sites, small business software, etc)
Any product that isn't directly working towards that takes resources away from our platform work. In addition, because it isn't our core focus, it won't be a best-in-class product. That's why we made the tough call to do this.
If there's anything I can do to help make the transition to Stripe or anyone else easier, please let me know - bill@wepay.com Thanks for being a customer.
We believe we can service platforms better by focusing on that usecase. For example, we built Veda, our risk engine the specializes in underwriting the risk of individuals and small businesses using social media. Because of this, we can pay out marketplace sellers faster, collect less data from them (making signup easier), and not hold the marketplace accountable for fraud loss.
I think that platforms are such an interesting segment of ecommerce that they deserve special attention.
Drop me an email and I'll tell you more. hany@ribbon.co