December 4, 2023
Waave Partners with Gr4vy to Introduce ‘Pay by Bank’ Solution in Australia’s Retail Sector
Gr4vy’s collaboration with Waave is shaping a new era in Australia’s retail payment landscape. Our joint effort is focused on introducing the ‘Pay by Bank’ solution, marking a significant stride in enhancing the way transactions are conducted in retail settings.
Barbeques Galore, an iconic name in Australian retail, is at the forefront of this change. They have smartly integrated the ‘Pay by Bank’ solution, a testament to their commitment to adopting innovative payment technologies. This integration is more than just a technology upgrade; it’s a strategic move to stay ahead in a rapidly evolving retail market.
Waave’s innovative payment method is a breakthrough in Australia, hinging on the principles of Open Banking. This method marks a substantial reduction in transaction costs for retailers.
Barbeques Galore has been proactive in refining its business processes, especially in payment systems. They’re skillfully balancing the introduction of innovative technologies like Buy Now Pay Later with traditional payment options.
One of the most notorious aspects of Barbeques Galore’s approach is their effective management of increasing operational costs while maintaining growth in sales. They’re now looking to integrate Waave’s technology with their loyalty program, The Barbeque Legends Club, further enriching the customer experience.
John Lunn, CEO and Founder of Gr4vy, commented on the partnership, “We are delighted to partner with Waave in revolutionizing the Australian retail payment landscape. Our collaboration is a major step in embracing open banking, offering an advanced Pay by Bank solution. This aligns with our commitment to streamlining payment processes and simplifying the integration and maintenance for merchants.”
Ben Zyl, CEO and Co-Founder of Waave, emphasized their mission to transform the payment experience with Pay by Bank. He expressed his excitement to work with Gr4vy and leading retailers to provide customers with a swift, secure, and transparent payment method that doesn’t involve hidden charges or the sharing of card details.
Barbeques Galore’s adoption of ‘Pay by Bank’ is a prime example of how innovative payment solutions can redefine retail operations and customer experiences. This partnership between Gr4vy and Waave is a clear indication of the evolving nature of retail transactions, where adaptability and security are key.
Stay tuned for more updates on this exciting development in the retail payment sector. If you’re interested in learning how Gr4vy’s solutions can benefit your business, don’t hesitate to reach out to our team.