Amazon FPS vs WePay: What are the differences?
Amazon FPS: Charge Amazon’s tens of millions of customers using their Amazon account. With Amazon Flexible Payments Service developers can accept payments on their website for selling goods or services, raise donations, execute recurring payments, and send payments. Amazon customers can pay using the same login credentials, shipping address and payment information they already have on file with Amazon. Amazon FPS supports the processing of payments using credit cards, bank accounts and Amazon Payments account balances to send or receive money; WePay: The easiest way to accept payments. WePay helps people sell tickets to events, send invoices, sell items online, and accept donations online. WePay also provides an API that allows developers to access its payments platform.
Amazon FPS and WePay can be primarily classified as "Payment Services" tools.
Some of the features offered by Amazon FPS are:
- Accept one time payments on your website for selling physical goods, digital content, and services
- Execute periodic or delayed payment features required by subscription and usage-based services such as digital music and online storage
- Facilitate transactions between a buyer and a third party seller, take a cut of the transaction, and have control over who pays the transaction processing fees
On the other hand, WePay provides the following key features:
- Online Invoicing- Send custom, professional invoices to your customers. Customers receive an email and can pay online.
- Itemization- Get paid for all your work. Itemize your invoices so customers know exactly what they're paying for.
- Recurring Invoices- Save time by sending recurring invoices online. Automatically send invoices weekly, monthly, quarterly, or annually.