What is the connection between WEpayments and WePayout?

WEpayments is an online payment platform created in 2019, initially focused on enabling payments from companies to third parties, such as partners and suppliers. This type of transaction is also known as payout. Therefore, the company was originally called WePayout.

Over time, the platform evolved to offer a broader range of services, including facilitating collections from companies to their consumers and end-users, providing operations for transactions known as payin.

The decision to change the company's name to WEpayments was driven by the need to create an identity that more broadly encompasses a growing range of services. While the term "payout" was suitable for describing the initial offering, it seemed too restrictive as WE expanded beyond payments from companies to third parties and developed a more comprehensive portfolio of collection options.

The prefix WE was retained because it keeps the essence of what the company has been since the beginning: a team, a partnership, a collective focus on making a difference.

Thus, the name WEpayments emerged, better reflecting the current mission of simplifying the payments market and offering comprehensive solutions to its customers.

Finally, in October 2022, WePayout became WEpayments, a brand that represents our dedication to providing reliable and innovative payment solutions for businesses in Brazil and worldwide. The transition was made official in October 2022 during Money 20/20 Las Vegas, one of the largest financial events in the world.