technology | March 03, 2026

What does WPY mean on a bank statement?

What does WPY mean on a bank statement?

“WPY” is an indication that a payment was processed by WePay. WePay enables businesses to accept credit card payments. If you have a charge from us on your statement, you’ve probably purchased something from a business that we’ve partnered with or donated to a fundraising campaign launched through one of our partners.

Is WePay a payment gateway?

WePay is a reasonable online payment solution for software platforms, crowdfunding sites and online marketplaces that want a customizable, built-in payment gateway and processing service.

What is a WePay deposit?

WePay offers automatic Same-Day Deposit capabilities for merchants on your Platform. If a merchant adds a Chase Bank Account where funds are to be deposited, they will receive their cash same day for all payments approved ( released API state) by the cutoff time Sunday-Friday.

How does go fund me show up on statement?

If you make a donation on GoFundMe Charity, your credit card charge will display an abbreviation of the payment processor your beneficiary is on, either PayPal Giving Fund or WePay. If the charge is from WePay, it will normally show up on your statement as WPY*.

Is WePay legit?

Is WePay Safe to Use? WePay claims to provide 100% coverage of a platform’s payments-related risk, which means the company will cover fraud losses and chargebacks. WePay secures payment and customer information and maintains compliance with payment card industry safety standards.

Why tip GoFundMe?

GoFundMe gives donors the option to add a voluntary tip. Your generous tips are used to help us provide a safe and secure fundraising experience for you and others in our community. Donors’ voluntary tips are in addition to their donations.

What is the tip fee on GoFundMe?

Voluntary tipping by donors GoFundMe has a 0% platform fee for organizers, which allows beneficiaries to receive more of the funds donated. Donors have the option to leave a voluntary tip for GoFundMe. By leaving a voluntary tip, you’re helping us to do more good in the world.