Weave and Sunbit Partner to Bring BNPL Options to Small Healthcare Practices
Product: Weave, the all-in-one customer communication platform for small business, has signed a multi-year integration partnership with Sunbit, the 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.
Top Line: 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 companies said. 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 percent of patients are approved, and they can split their costs into manageable payments.”
Closeup: Sunbit’s Buy Now, Pay Later solution is currently available in more than 13,000 locations across the U.S. including healthcare industries like dental, optical, and veterinary care. The Weave platform is currently used by over 23,000 locations across the U.S. & Canada.