Weave has launched a full-scale payments processing platform, named Weave Payments, for small to medium businesses (SMBs), according to Electronic Payments International.
The new product forms part of the company’s communication suite and facilitates easy processing of payments. It accepts all card types and technologies, and several mobile wallets.
In addition, the platform is said to cut backend paperwork and reporting by integrating all services in Weave toolbox.
The platform comes with multiple features such as Text to Pay, credit card and virtual terminals, and mobile wallets.
Businesses can leverage Text to Pay to accept payments through text. This feature could be beneficial in case of customers who are not onsite, forgot their credit card or owe an additional payment.
The platform’s terminals enable businesses to accept all types of payment. The terminals work on WiFi or Ethernet and do not require a phone line.
Furthermore, merchants will be able to customise the receipts sent to clients and even send automated receipts. The platform allows view and export of invoice history.
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