Qmerit, Wisetack Enter Partnership to Give EV Buyers Greater Flexibility in Financing Home Charging

Making Home Charging More Attainable for NextGen EV buyers

AUSTIN, Texas--(BUSINESS WIRE)--Qmerit, North America’s leading installation and integration services provider for EV charging and other energy transition technologies, is announcing a partnership with Wisetack, the market’s leading embedded finance platform for home services like plumbing and electrical work.

The Qmerit-Wisetack partnership will give EV buyers a new dimension of flexibility in paying for Level 2 home charger installations. Instead of billing installation as a single payment, customers can choose monthly payment plans that feature an array of terms and interest rates, including 0% for qualifying buyers. The options also come with no hidden fees.

“Qmerit and Wisetack are joining forces to make home charging more attainable for new EV buyers,” said Qmerit Chief Operating Officer Oliver Phillips. “EVs traditionally have been sought by car enthusiasts and the more affluent demographic – but to take them to the next level, we need to become more relevant to people focused on value and convenience.”

Wisetack CEO Bobby Tzekin said the partnership combines two cultures with a common zeal for excellence in customer experiences, noting that both companies boast Net Promoter Scores well above industry averages. Wisetack’s success has also been recognized by the Inc. 5000 and Deloitte Fast 500 programs.

“This partnership is all about two organizations with a proven ability to excel at the art and science of customer engagement,” said Tzekin. “We look forward to combining our strengths in bridging the gap to that next generation of EV buyers.”

Wisetack’s tool will integrate into Qmerit’s AI-driven service for streamlining the acquisition and installation of Level 2 home charging. Customers will have fingertip access to Wisetack’s pay-over-time financing options for installation costs. Qmerit and Wisetack also have plans to incorporate the purchase of charging hardware into this function. The process will be available on Qmerit’s Charge@Home portal.

“This is one more way to promote the growth of home charging across America,” said Phillips. “Home charging is the key to making EVs practical and sustainable – to increasing their satisfaction levels and translating that into new and repeat buyers.”

About Qmerit

Qmerit is North America's leading provider of implementation solutions for EV charging and other energy transition technologies, simplifying electrification adoption for residential and business markets. Qmerit's value-driven services are delivered through a network of company-owned contractors, independent Certified Solutions Partners, and Certified Installers skilled in system implementation and integration. Qmerit partners with top automakers from the U.S., Europe and Asia. It boasts high customer experience (NPS) scores, well above the industry average. Qmerit’s white paper, Electrification2030, examines issues pivotal to broad EV adoption and greater home and building electrification by 2030. For more information, visit https://qmerit.com/, and connect on Twitter, LinkedIn, Facebook, and Instagram.

About Wisetack

Wisetack is the leading embedded platform for financing home services like plumbing and electrical and has a rapidly growing presence in dental and elective medical care, as well as car repair. Wisetack partners with software companies to embed consumer financing options into their customer-facing applications through simple APIs. Wisetack merchants, many of whom are small businesses, rely on Wisetack to offer their customers affordable pay-over-time options at the point of sale.

Founded in 2018 in San Francisco by an experienced team of leaders in the financial services industry, Wisetack is backed by investors Insight Partners, Greylock, Quadrille Capital and Bain Capital Ventures. All payment options are subject to credit approval. Your terms may vary. Payment options through Wisetack are provided by its lending partners.