After you finish setting up your WePay account for direct deposit, you will receive an email confirmation with the subject "Withdrawal method updated." This email means that you are allowing WePay to withdraw funds from your WePay balance to be deposited into the bank account you entered (or by check). WePay's Terms of Service also allows them to withdraw money from your account in the case of a chargeback.
WePay uses the terms "withdrawal" and "settlement" when referring to moving money out of your WePay account. We apologize if the wording in this email was confusing. It is a standard WePay email and we aren't able to change this text/wording.
When money is being withdrawn from WePay to your bank account (or by check), you will receive an email notification like this: