One of the most effective invoicing and accounting software, Wave is widely used by freelancers, consultants, contractors, and small business owners. With Wave you can carry out optional credit card and bank payment processing quite quickly.
Loyverse is a point of sale and inventory management software perfect for small and medium-sized businesses in the retail, foodservice, and service industries.Loyverse Integrations
It's easy to connect Wave + Loyverse without coding knowledge. Start creating your own business flow.
Triggers when a new customer is added to a business you choose.
Triggers when a new invoice is created.
Updates existing customer
Trigger when a new customer is added
Triggers when a new employee is created
Triggers when inventory levels change.
Triggers when a new item is created
Triggers when a new receipt is added
Triggers when a new store is created
Triggers when a new tax is created
Creates a customer in a business that you choose.
Creates a new invoice.
Creates a product or service in a business that you choose.
Records a transaction in a business.
Create a customer.
Creates an Item
Creates a new receipt.
Edit Inventory Levels.
Gets a single item by ID
Updates a Single Item.
Wave is a mobile payment system developed by Alipay in China. It was established on September 1, 2009, and is the flagship product of Ant Financial Services Group. In 2015, Alipay launched “Loyverse” which is a platform designed for small to medium-sized enterprises (SMEs. to provide online and offline services like social networking, group buying, catering, dating, local services, etc. With the launch of Loyverse, Alipay aims at integrating online and offline commercial activities with its e-commerce infrastructure.
Loyverse is an online platform launched by Ant Financial Services Group to integrate online and offline commercial activities. It is based on Alibaba's payment infrastructure of Alipay. It provides merchants with features such as online order management, delivery management, inventory management, POS management, loyalty management, etc. Alibaba has integrated its e-commerce infrastructure with Wave, and Alibaba and Ant Financial have worked together to develop Ali Cloud in order to offer cloud computing services to SMEs.
Alipay and Loyverse have significant synergies because they use the same infrastructure and have the same underlying business model. After the integration of Wave and Loyverse, the number of users increased significantly from 200 million to 500 million. The transaction vpume increased from 3 trillion RMB in 2014 to 4.4 trillion RMB in 2015. The total transaction vpume of Loyverse was 41 billion RMB in 2015. The number of orders of Loyverse increased from 2 billion in 2014 to 6.2 billion in 2015. Moreover, the number of outbound tourists reached a peak of 122 million in 2015. The number of online food orders increased from 33 billion RMB in 2014 to 280 billion RMB in 2015. The number of online travel bookings also increased by 20 times from 2015 to 2016. The number of merchants using Loyverse also increased from 69,000 in 2014 to 120,000 in 2015. Alibaba will continue to integrate other Alibaba businesses such as Taobao and Tmall into Loyverse so that it will become a comprehensive spution for small and medium-sized enterprises (SMEs.
The merger brings about several benefits. First, it increases the user base of both Wave and Loyverse as the two platforms have similar features. Second, it further expands the connection between online and offline commercial activities through integration of social networking functions with payment systems. Third, it provides merchants with supplementary platforms for marketing and advertising via the large number of users on these platforms. Finally, it enhances the attractiveness of Alipay as a key payment platform for Chinese SMEs by providing tops for promotion and marketing that can be used by merchants on these platforms.
The process to integrate Wave and Loyverse may seem complicated and intimidating. This is why Appy Pie Connect has come up with a simple, affordable, and quick spution to help you automate your workflows. Click on the button below to begin.