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PayPal is a great tool for online money transfers but it doesn’t work too well when more than one individual are involved. WePay, on the other hand, is completely focused on groups.

Once you create a group account on WePay you can use it to collect money from others via credit cards and bank accounts. You can manage that group money online, do transactions between group users or spend group money via a prepaid Visa card or checks.

It is a great tool to use if your group has a bunch of people and financial transactions occur frequently. You can also send reminders to people who haven’t paid yet or even issue refunds. Similar to PayPal, collecting money using a bank account or credit card has a small fee, but the best part is that your account is FDIC insured.

wepay

Features:

  • Manage money as a group.
  • Collect money via bank account or credit cards.
  • Pay bills using a visa card or paper checks.
  • Send reminders, bills and even issue refunds.
  • FDIC insured.

Visit WePay @ www.WePay.com

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  1. Matt
    April 23, 2010 at 3:46 am

    If you want to use your PayPal account to collect from groups will like Pay It Square - http://www.payitsquare.com

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