Why does Helpelderly recommend WePay?
On average, fundraisers using WePay earn 30% more money than PayPal.
Why?
WePay is optimized for crowdfunding. This means your WePay account won’t run into any donation limits and account restrictions when your fundraiser goes viral. We’ve also found that fundraisers using WePay encounter fewer payment errors and failed transactions.
WePay’s payment submission form is much simpler than PayPal’s and it works on mobile devices. The screenshots below give a glimpse of what donors will see when they make a payment using WePay vs. PayPal.
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All funds will be directly deposited into the WePay or PayPal account from your fundraiser. The amount of money disbursed will equal the amount you have raised, less payment processor fees.
If WePay is selected as your payment processor, an account will be created under your email address. You will receive an email from WePay to activate your account, verify your personal information, and add your banking information.
If you choose PayPal, you will have the option to enter your existing PayPal account information, or you can set up a new PayPal account. Setting up a payment account only takes a couple of minutes and you can start receiving funds immediately.
Once your payment account has been set up you can visit your WePay or PayPal account at any time to manage funds.
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