Michael Seibel

Slope Pay Now - Most frictionless way to accept payments from businesses

Accept credit card and ACH from business customers seamlessly through API or no-code invoice links. We provide the most frictionless experience through Guest Checkout, Same-day ACH, and smooth cross-border payments.

Add a comment

Replies

Best
Ricky Yean
@alicevdeng Congrats on the launch! What are some use cases you envision this unlocking for merchants?
Alice Deng
@rickyyean Many! Here are some examples: - Instead of hiring a large finance and collections team, you can use Slope Pay Now to automatically reconcile and collect payments - If you're an offline wholesaler that is starting to sell products online, you can add Slope Pay Now as your checkout - If you're a U.S. merchant but have Mexican clients, you can use Slope Pay Now to accept MXN and get paid out in USD. These are just some, so much more!
Ricky Yean
@alicevdeng nice, can I create pay now links for different installments whenever I want?
Lawrence Lin Murata
@alicevdeng @rickyyean Yes, you can create instant links to send to your business customers for Pay Now and Pay Later. You can offer installments, net terms, milestone-based payments, and custom plans. All of this with no code.
Benjie Coolidge
@alicevdeng @rickyyean why not just use Stripe?
Alice Deng
@rickyyean @ben_coolidge Great question! Stripe actually doesn't support milestone payments. We know this pain first hand because we were trying to facilitate B2B transactions that require a deposit or paying when something ships. We had to make a dozens of invoice link manually. Other ways we are different than Stripe: - We're built from the ground up for B2B. Stripe and other modern solutions focus on consumer payments hence enabling any merchants to accept credit cards. What this translates into product wise means accepting ACH, wire, cross border, etc. - B2B workflows like milestone payments - With Pay Now, we now support a comprehensive checkout that can facilitate payments AND financing (which is tablestakes for B2B and something Stripe does not support)
Alice Deng
Hey Product Hunt! I’m Alice Deng, co-founder of Slope, and thank you @mwseibel from Y Combinator for hunting us! After being in beta, we're excited to publicly announce the launch of Pay Now: B2B merchants can integrate Pay Now in minutes to accept credit card, ACH, and cross-border payments in a sleek UX through API or utilize our no-code invoice links. With Pay Now you get: • Cross-Border: Accept payments in MXN and be paid out in USD without any hassle • No-code Invoice Links: We understand that not every B2B business is ready to fully transition to online payments, so we've built a solution that bridges the gap for offline workflows. • Same-day ACH: Instead of taking 7-10 days to receive and send funds, you can get funds settled on the same day. • Milestone / Custom Schedule Payments: We enable merchants to set up future billings and accept payments in installments, in accordance to milestones or specific terms agreed upon with their customers. • Guest Checkout: We don't require customers to create an account. To get started with Pay Now, visit our API documentation at developers.slope.so. To learn more, contact me at alice@slope.so or find time directly https://calendly.com/alice-deng/.... Read our full blog post. We believe that Pay Now will be a game-changer for B2B payments, and we’re excited about taking one step closer to our mission of bringing the world’s B2B economy online. ⚡ We’re looking forward to hearing what you think!
Sasankh Munukutla
@alicevdeng @lawlm Congrats on the launch! Very exciting to see the product evolve! Go Team Slope!!! 🚀
Sumit Minocha
@alicevdeng @lawlm Congrats on the launch!! Crazy to remember how this all started, yall are legends!
Alice Lin
@lawlm @alicevdeng congratulations on the launch, this is huge!
Alice Deng
@lawlm @sasankh Too kind Sasankh - definitely check out our product! :)
Alice Deng
@mwseibel @alex_wu12 Appreciate that Alex, of course this is a team effort, I must say! :)
Alex Wu
Amazing!!! What's your secret sauce?? Let me guess: the team?
Alice Deng
@alex_wu12 Hey Alex, apart of our success is our world class team. "Secret sauce" of the Slope team may include a combination of the following elements: Expertise in machine learning: The team's background in deep learning for self-driving cars may give them a strong understanding of advanced machine learning techniques, which they are applying to the task of fast underwriting of buyers at the point of purchase. Deep Product experience: By focusing on delivering a consumer-grade buy now, pay later (BNPL) solution for B2B customers, the team is trying to make the purchasing experience as easy and user-friendly as possible. Strong understanding of the B2B landscape: Slope is targeted at B2B customers, so it's likely that the team has a good understanding of the specific needs and pain points of these customers, which they are trying to solve with their product. A relaxed and casual work environment: With a "no shoes in the office policy" the company culture is probably relaxed, casual and promote innovation. And it might help the team to work more efficiently :)
Alex Wu
@alicevdeng yal are wild for not wearing shoes but I love it!
Lawrence Lin Murata
@alicevdeng @alex_wu12 Real secret sauce
Amanda Leung
Can you share more on what kind of B2B platforms can use the Pay Now product?
Alice Deng
@amandaleung Of course! We serve any type of B2B merchant but some specific examples include B2B marketplaces, wholesalers, B2B SaaS companies, etc.!
Lawrence Lin Murata
@amandaleung @alicevdeng Yes, flexibility is key
Nick Heins
Game changing! Very well designed product. Can you share a little more on how integrating the product into the checkout flow works?
Alice Deng
@nick_heins definitely! You can use Pay Now in two ways: 1 - API (API docs) Integrate with Slope with minimal developer effort using our low-code checkout redirect API. All you need to do is generate a URL and redirect them there. And voila! Start accepting payments today. -OR- 2 - No-code Invoice Link We understand that not every B2B business is ready to fully transition to online payments, so we've built a solution that bridges the gap for offline workflows.
Lawrence Lin Murata
@nick_heins Thank you! Smooth UX is key as well as fast integration
Alex Dettmer
I love that there's two ways! Bridging that tech gap will be so important
Lawrence Lin Murata
@alex_dettmer Yes agreed!
Jason Huang
Congrats and it looks really sleek!
Lawrence Lin Murata
@sucre1990 Thank you!
Alice Deng
@sucre1990 Much appreciated Jason! I know you own an ecommerce business and we can help in a few ways: Ease of integration: According to Slope, Pay Now can be integrated into a business's existing workflow in just a few minutes, which makes it easy for merchants to start accepting payments without disrupting their operations. Offline invoice links: Pay Now includes offline invoice links, which allows merchants to send their clients invoice links that allow them to pay by card or bank transfer. This feature allows business to connect with clients who are not fully transitioned to online payments yet. Same-day ACH: Pay Now offers same-day ACH, which allows merchants to quickly access their funds, this could be extremely useful for businesses that need to solve working capital issues. Cross-border payments: Pay Now enables businesses to accept payments in MXN and be paid out in USD for the beginning, in the future additional countries and currencies will be supported, this can greatly help in handling foreign exchange needs. Milestone / Custom Invoices: With Pay Now, businesses can easily set up future billings and accept payments in installments, in accordance to milestones or specific terms agreed upon with their customers. This can be especially useful for businesses that need to do progress invoicing or collect payments over time. Guest Checkout and B2B Checkout: Pay Now has a guest checkout feature that allows businesses to accept payments from new customers without requiring them to create an account, and with B2B Checkout, it consolidates all the payment capabilities into a single, flexible infrastructure, making it easy for businesses to accept any type of payment, this can greatly help in B2B transactions. Please check us out! :)
Jason Huang
@alicevdeng Thank you so much! This product totally helps solve our pain points!
Alice Deng
@sucre1990 Of course! We love building products that solve pain points!
Julia Wu
This looks really sleek! Huge congrats Alice & Lawrence! 🎉 Given that you started with BNPL, what was the biggest impetus to build Pay Now? Did customers ask for it?
Alice Deng
@juliawu Yep! We were powering payments going through BNPL and many merchants were wondering if we could just power it all in one consolidated checkout. We then went live with a beta and started seeing merchants use us just for Pay Now and realized regular B2B payments is a massive pain!
Lawrence Lin Murata
@juliawu Thank you for your support Julia! It's been a big customer request to consolidate their checkout experience and we are excited to be publicly live now!
Alice Deng
@juliawu @lawlm Yes agreed!
Dave Yen
So many industries still operate on B2B payments flows that happen offline in a non-secure and super slow way. This is much needed!
Alice Deng
@davecyen Yep exactly, Dave! Thank you for the launch support!
Lawrence Lin Murata
@davecyen Yes, it's insane how there are trillions of dollars moved every year in B2B transactions and the vast majority of that volume is still offline. Speaks to how clunky existing solutions are for B2B
Alex Dettmer
@davecyen Couldn't have said it better. This is so needed!
Aakash Adesara
Let's go! 🚀 Such a clean interface - excited to see more businesses adopt Slope's BNPL platform :)
Lawrence Lin Murata
@aakash_adesara thank you a lot! :)
Alice Deng
@aakash_adesara Thank you for the eye for design, Aakash!
Ashish Jain
Great stuff. To what extent do businesses value the ability to offer same day ACH v regular ACH?
Alice Deng
@ashish_jain19 They highly value the ability - getting paid out same day allows a merchant to pay suppliers fast and help with cash conversion cycle. This is one of our most requested featured!
Lawrence Lin Murata
@ashish_jain19 Speed is core to Slope!⚡️
Rafael Pinheiro
Congrats on the launch Lawrence and team! Would love to learn more on the cross-border payments. Any plans to expand Slope to support other currencies than MXN in the future?
Alice Deng
@rafael_pinheiro_costa Thank you! We build based on user need - any currency requests?
Lawrence Lin Murata
@rafael_pinheiro_costa Thank you Rafael. Happy to look into specific requests. Our plan is to offer a wider range of cross-border options
Chris C
Awesome to see how far y'all have come - no surprise given you have one of the best teams in the game at slope!
Alice Deng
@chris_c1 We definitely do! :)
Lawrence Lin Murata
@chris_c1 That's so kind! Thank you Chris
Michelle Lim
This is sleek! It’s like Stripe but for business customers. Congrats @alicevdeng and @lawlm
Alice Deng
@lawlm @michelle_lim1 You hit the nail on the head! Thank you Michelle!
Mike Tannenbaum
Awesome launch - from a B2B payments perspective - this is really innovative - I can see a lot of use cases for an embedded checkout / BNPL
Alice Deng
@mike_tannenbaum Yes definitely! To the moon!! Thank you for the support!
Lawrence Lin Murata
@mike_tannenbaum 100%. Let's go!! Thank you for your support Mike
Victor Klochikhin
wow! this looks just as seamless as e-commerce consumer-grade checkout! great job taking care of the businesses owners!
Alice Deng
@vintlucky Thank you Victor! That is our mission - is to help bring the world's B2B economy online. Join us by checking out our product!
Lawrence Lin Murata
@vintlucky Thanks Victor! Yes seamless is key
Alice Deng
@vintlucky Sure thing! :) Dm-ing your account
JulieAnn McKellogg
Very cool! What differentiates Slope’s Pay Now product from others on the market?
Alice Deng
@jmckellogg Great questions! Legacy B2B payment solutions have inefficient, lengthy, and painful integration processes, while newer alternative solutions do not support B2B-focused workflows! We are built from the ground up for B2B and we have best in class BNPL for B2B product which is the tablestakes part.
Lawrence Lin Murata
@jmckellogg Speed, flexibility, consumer-grade UX
JulieAnn McKellogg
@alicevdeng What B2B painpoint are you all most excited to solve for?
Menashe Rosenberg
Slope BNPL is the easiest and quickest platform I've ever come across. A great team of people to work with.
Lawrence Lin Murata
@menashe_rosenberg Happy to hear that and happy to work together Menashe! Please do not hesitate to let us know about questions you have
Alice Deng
@menashe_rosenberg Appreciate that Menashe - excited that businesses we work with can pay even faster! :)
David Pan
Awesome! 🚀🚀🚀
Lawrence Lin Murata
@napdivad Thank you David! 🚀
Alice Deng
@napdivad Thank you David!
Pranav Badami
This is huge, congrats team! Love the easy cross border support, that’s been a pain point for us. Is there a public list of markets y’all support / are planning to support?
Alice Deng
@pranavbadami Thank you! We're currently in Mexico, Canada - future markets are TBD! We go where users want us. Any requests?
Lawrence Lin Murata
@pranavbadami Happy to look into specific requests! Let us know
Ashish Jain
Is there an ability to do offline payments?
Alice Deng
@ashish_jain19 Yes!! We enable two ways to use Pay Now - 1. through API, and 2. Invoice Links that fit offline workflows. :) One of our most requested features!
Lawrence Lin Murata
@ashish_jain19 Offline payments support is key for us to transition the B2B economy online