WelPay provides an embedded payment and distribution layer that links welfare benefit providers, HR platforms, and merchants through a single API integration. The platform automates eligibility checks, spending limits, and tax compliance, converting allocated benefits into spendable funds at checkout, and offers audit‑ready reporting for secure, compliant transactions.
Funding
$300K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Employee benefit programs are fragmented across multiple welfare platforms, HR systems, and merchant integrations, requiring separate technical connections and negotiations for each partner. This fragmentation creates friction, delays benefit distribution, and hampers compliance with eligibility and tax rules.
Solution
WelPay offers a single, embedded payment and distribution layer that connects welfare providers, HR platforms, and merchants through one integration point. The infrastructure automates eligibility checks, spending limits, and tax compliance, converting benefit allocations into spendable funds at the point of sale. By centralizing governance and providing a dedicated payment button tailored to the welfare ecosystem, WelPay streamlines the flow of benefits from providers to employees, reducing integration effort and enabling seamless, secure transactions.
Target Audience
WelPay is designed for welfare benefit providers, HR technology platforms, and merchants that accept employee benefits as a payment method.
Features
- Embedded payment API that can be added directly to merchant checkout flows and benefit platforms
- Unified connectivity layer replacing dozens of bespoke integrations with a single access point
- Automated governance engine handling user eligibility, spending caps, and tax compliance rules
- Real-time conversion of allocated benefits into spendable funds at checkout
- Secure, compliant transaction processing with audit‑ready reporting
- Scalable architecture supporting multiple welfare providers and HR systems