Weave, Sunbit Partner to Bring Buy Now, Pay Later Options to Small Healthcare Practices
May 25 2022 - 10:00AM
Business Wire
Innovative partnership will integrate Sunbit’s
BNPL technology with Weave’s patient communications platform
Weave (NYSE: WEAV), the all-in-one customer communication
platform for small business, has signed a multi-year integration
partnership with Sunbit, the preferred buy now, pay later (BNPL)
technology for everyday needs and services. Sunbit’s technology
will power Buy Now, Pay Later solutions for healthcare practices
across the U.S.
The partnership integrates Sunbit’s technology and Weave’s
communications platform to help eliminate financial stress and
enable patients to access needed care by paying for their treatment
over time. The solution offers fair and transparent payment terms,
without fees of any kind.
“Collecting payments is one of the most important patient
interactions in a small healthcare practice,” said Branden Neish,
Weave’s Chief Product Officer. “Bringing Weave’s communications
platform and Sunbit’s Buy Now, Pay Later technology together
creates a solution that helps practices provide a better patient
experience while driving more financing revenue each month.”
The addition of Sunbit’s Buy Now, Pay Later technology is the
latest expansion of Weave’s Payments offering, which launched in
2019 to help small practices streamline payment collection. Since
launching Payments, Weave has expanded its offering for practices
to include Text to Pay, digital wallets, card on file and wireless
terminals.
“Too many patients are delaying dental care, new eyeglasses or
necessary pet surgery because of the upfront cost,” said Oded
Vakrat, Head of Platform Partnerships at Sunbit. “We’re excited to
partner with Weave so that practices can focus on delivering
top-notch care to more patients who now don’t have to worry about
how they’ll pay for it. With Sunbit technology, 90% of patients are
approved, and they can split their costs into manageable
payments.”
Sunbit’s Buy Now, Pay Later solution is currently available in
more than 13,000 locations across the U.S. The Weave platform is
currently used by over 23,000 locations across the U.S. &
Canada.
About Weave Weave is the all-in-one customer
communications and engagement platform for small business. From the
first phone call to the final invoice and every touchpoint in
between, Weave connects the entire customer journey. Weave’s
software solutions transform how local businesses attract,
communicate with and engage customers to grow their business. The
first Utah company to join Y Combinator, Weave has set the bar for
Utah startup achievement & work culture. In the past year,
Weave has been included in the Forbes Cloud 100, Inc. 5000
fastest-growing companies in America, and Glassdoor Best Places to
Work. To learn more, visit www.getweave.com/newsroom/
About Sunbit Sunbit is the preferred buy now, pay later
technology for everyday needs and services. Sunbit eases the stress
of buying everyday things by offering access to fast, fair and
transparent payment options to people everywhere. Our technology is
offered in-store and online at more than 13,000 locations,
including one in three auto dealership service centers, optical
practices, dentist offices, veterinary clinics, and specialty
healthcare services. All loans are made by Transportation Alliance
Bank, Inc., dba TAB Bank, which determines qualifications for and
terms of credit.
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version on businesswire.com: https://www.businesswire.com/news/home/20220525005331/en/
Kali Geldis Director of Communications, Weave
pr@getweave.com
Weave Communications (NYSE:WEAV)
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