Member Exclusive, Payments

The value of wholly-owned payments: Chase’s WePay launches same-day deposits

  • Chase's payment firm WePay has launched same day deposits for its clients with Chase accounts.
  • This launch is part of a broader product refresh at WePay, which focuses on payments for SaaS, marketplaces, and platforms.
The value of wholly-owned payments: Chase’s WePay launches same-day deposits

WePay, the integrated payments business of JPMorgan Chase, has launched Same-Day Deposits to Chase bank accounts.

The short of it: SMBs using WePay to receive funds will be able to deposit those funds in a Chase bank account the same day they receive them.

Here’s the power of a bank owning a payments company:

 


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