Weave Deepens Partnership with Stripe, Adding New Features for Small Businesses
March 28 2023 - 3:00PM
Business Wire
Multi-year agreement includes additional Stripe
functionality to drive processing volume among Weave’s 27,000+ U.S.
customers
Weave (NYSE: WEAV), the all-in-one customer communication and
engagement platform for small- and medium-sized businesses, and
Stripe, a financial infrastructure platform for businesses,
announced today a multi-year agreement to process payments on
Stripe Connect for Weave’s 27,000+ specialty healthcare customers
across the U.S.
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As part of the expanded partnership renewal, Weave has added
Stripe Capital, an embedded finance option for business owners, to
its all-in-one platform. Stripe Capital provides access to fast,
flexible financing so small business owners can manage cash flows
and invest in growth. Weave will leverage additional Stripe
features later this year as it expands its Payments offering for
existing and new customers, helping small businesses be even more
successful in engaging their patients, collecting balances, and
meeting the growing demand for digital payment options like Text to
Pay and mobile wallets like Apple Pay and Google Pay.
“One of the most important interactions Weave customers have
with their patients is in payment collection,” said Weave CEO Brett
White. “Our renewed relationship with Stripe as our strategic
partner, combined with Weave’s award-winning customer communication
and engagement technology, is helping offices power convenient and
modern payment experiences that their patients want.”
Weave’s 2023 Healthcare Business Insights Report recently
identified a patient expectation gap around the payment options
healthcare providers offer compared to how patients would prefer to
pay. 63% of patients said they were most likely to pay a healthcare
bill if it was sent via text with a link to pay, but 53% of
providers still prefer to collect payments with a phone call. Weave
and Stripe will enable businesses to easily offer online payments
and preferred card payment methods. Stripe Terminal will also power
in-person payments for customers on Weave’s platform.
“Our strategic partnership with Weave means more businesses can
access fast, reliable financing through Stripe Capital," said Kate
Jensen, Head of Platform Sales at Stripe. "Weave patients expect a
seamless payment experience, and we're thrilled our platforms are
teaming up to get the job done."
To learn more about Weave’s full suite of payment options, go to
getweave.com/weave-payments.
About Weave
Weave is the all-in-one customer communication and engagement
platform for small- and medium-sized businesses. 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. Weave has set the bar
for Utah startup achievement & work culture. In the past year,
Weave has been named a G2 leader in Patient Engagement, Optometry,
Dental Practice Management and Patient Relationship Management
software. To learn more, visit getweave.com/newsroom/
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version on businesswire.com: https://www.businesswire.com/news/home/20230328005204/en/
Kali Geldis Sr. Director of Communications, Weave
pr@getweave.com
Weave Communications (NYSE:WEAV)
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