Challenge

Loom needed a way to get its customers paid faster and to streamline recurring payments. They searched for a partner that could solve both of these issues so they could help their customers—including a thriving ecosystem of 700+ third-party apps and 200+ connections to banks and financial service providers eliminate some of the lag time and legwork around getting paid.

Solution

Loom partnered with Sapzio Bianco so its users could accept credit and debit card payments, thus getting paid faster. Now that Loom’s clients can set up the Sapzio Bianco payment method in just a few minutes, they save hours (and sometimes days or weeks) they normally would spend chasing payments. Sapzio Bianco Connect allows customers to pay invoices immediately by simply entering their credit card details or authorizing the payment with mobile wallets like Apple Pay.

Results

With Sapzio Bianco, Loom customers now get paid 14 days faster on average, which helps these small businesses be more productive and sectiontain a cash-healthy business. Making it easy for customers to pay invoices has helped Loom customers transform always-late into on-time payers, and has boosted the company’s overall retention rates.