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Wisetack

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Company health

Employee growth
2% decrease in the last year
Web traffic
47% increase in the last quarter
Financing
December 2023 - $84M

Ratings

G2
4.5/5
(21)
TrustPilot
4.7/5
(74)
Glassdoor
4.0/5
(17)

Wisetack description

Wisetack is a financing platform that helps service businesses offer their customers "buy now, pay later" options. Through Wisetack, businesses in industries like home services and auto repair can offer customers instant financing for larger purchases. Customers get flexible monthly payment plans, and businesses get paid upfront while Wisetack manages the loan. Wisetack focuses on clear terms and ease of use, integrating directly with business software for a seamless experience.


Who is Wisetack best for

Wisetack is a financing platform that empowers small service businesses to offer "buy now, pay later" options to their customers. This boosts sales by making larger purchases more accessible. Customers appreciate the fast application process and flexible payment plans, while businesses benefit from upfront payments and streamlined integration with existing software. Some users have noted limited loan terms and occasional issues with the platform's accuracy.

  • Best for small businesses seeking financing solutions for their customers.

  • Ideal for service-based businesses like home services and auto repair.


Wisetack features

Supported

Wisetack offers transparent pricing with a flat 3.9% transaction fee and clear financing terms for consumers.

Supported

Wisetack offers integrations with various software, especially for consumer financing.

Supported

Wisetack facilitates payments by handling transactions securely, but focuses on financing options.

Supported

Wisetack allows customers to pay for purchases in installments, sometimes with 0% interest.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
+0.23

Customer Service

Strongly positive
+0.71

Ease of Use

Strongly positive
+0.84

Reliability and Performance

Rather negative
-0.33

Ease of Implementation

Strongly positive
+0.82

Wisetack reviews

We've summarised 94 Wisetack reviews (Wisetack TrustPilot reviews and Wisetack G2 reviews) and summarised the main points below.

Pros of Wisetack
  • Fast and easy application process, often completed in under a minute.
  • Seamless integration with business software like Housecall Pro.
  • Flexible payment plans offer customer convenience.
  • Excellent and responsive customer support.
  • Helps close deals and increase sales by offering financing options.
Cons of Wisetack
  • Limited loan terms, with no options beyond 3 years.
  • Some older clients find the platform confusing to navigate.
  • Difficulty correcting errors in entered phone numbers.
  • Lack of transparency regarding customer interest rates or reasons for denial.
  • Inaccurate reporting of interest and payment information.

Wisetack pricing

The commentary is based on 15 reviews from Wisetack G2 reviews and Wisetack TrustPilot reviews.

Pricing information is not publicly available.

Users sentiment

Neutral
+0.17

See the Wisetack pricing page.


Wisetack alternatives

  • Logo of TABBY
    TABBY
    Shop now, pay later. Bigger sales, happier shoppers.
    Read more
  • Logo of Returnly
    Returnly
    Hassle-free returns for shoppers. Instant refunds. Happy customers.
    Read more
  • Logo of Partial.ly
    Partial.ly
    Flexible payment plans boost sales and improve cash flow.
    Read more
  • Logo of Zip
    Zip
    Pay in 4, interest-free. Boost sales. Simple checkout integration.
    Read more
  • Logo of Sezzle
    Sezzle
    Shop now, pay later in four interest-free installments.
    Read more
  • Logo of Sunbit
    Sunbit
    Buy now, pay later tech for everyday expenses. High approvals.
    Read more

Wisetack FAQ

  • What is Wisetack and what does Wisetack do?

    Wisetack is a financing platform enabling service businesses to offer "buy now, pay later" options. It provides instant financing for customers, flexible payment plans, and upfront payments for businesses. Wisetack emphasizes clear terms, ease of use, and software integration for a seamless experience.

  • How does Wisetack integrate with other tools?

    Wisetack integrates with various software platforms, especially those designed for service businesses and consumer financing. This allows for a more seamless experience for both the business and the customer, automating processes and simplifying transactions.

  • What the main competitors of Wisetack?

    Wisetack competitors include buy now, pay later platforms like Laybuy and business spending management solutions such as Coupa and BILL. While Laybuy focuses on consumer financing, Coupa and BILL offer broader financial management tools including AP/AR automation and expense tracking. Other alternatives, like Aria, cater specifically to invoice financing for businesses.

  • Is Wisetack legit?

    Wisetack is a legitimate financing platform. User reviews praise its fast application process and software integrations, confirming its safety and ease of use for both businesses and customers. However, be aware of potential issues with loan term limitations and occasional reporting inaccuracies.

  • How much does Wisetack cost?

    Wisetack doesn't publicly disclose its pricing. Contact their sales team for custom pricing information based on your business needs.

  • Is Wisetack customer service good?

    Wisetack's customer service receives positive feedback. Users praise the helpful, friendly, and professional support agents. Quick responses and efficient handling of inquiries contribute to a positive customer experience. However, some report difficulty resolving payment processing issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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