Why shouldn’t I build out my own payments system, aggregating as the merchant of record for my users, like Uber and Airbnb have done?
We too are inspired by Uber and Airbnb. We also suspect they wouldn’t have built out their own complete payments solutions when they did had WePay at that time offered what we offer today. Building your own solution requires significant investment up-front and ongoing. Companies like Uber and Airbnb that manage their own payments have large full-time teams dedicated to payments operations, industry relations, risk management, compliance, legal, support and more. This is not the best allocation of resources for many companies today.