PNOĒ - Building Healthy Fitness Businesses with Flexible Payments

PNOĒ - Building Healthy Fitness Businesses with Flexible Payments

Team Balance
Team Balance
·
February 11, 2021

About PNOĒ

PNOĒ is the world’s first fitness training technology to equip fitness and health professionals with sophisticated biometric analysis methods and the power to harness the full potential of cardiometabolic testing. The PNOĒ Metabolic Analysis System builds a personal metabolic profile in just 10 minutes, taking clinically accurate measurements of metabolic, heart, lung, and cellular fitness in just 10 minutes. PNOĒ’s Precision Nutrition, Virtual Sessions, Group Training, and Workout Builder then offer them a unified experience powered by their personal metabolic profile.

 

PNOĒ Use Case

PNOĒ sells its proprietary training systems to fitness and health professionals, as well as gyms. Since customers need to get the hardware before being able to use it with their own customers, PNOĒ needed a payments solution that they could plug and play to give their customers more flexible payment mechanisms. At the same time, they didn’t want to assume the risk of offering net terms, so they wanted an easy way to offer financing, too. 

 

“Balance makes it possible for us to sell our products in the way that makes the most sense for our customers. Balance helps our business to offer the gold standard in flexible payment terms and give our customers a better experience.”

- Apostolos Atsalakis, Co-founder & CEO PNOĒ


Impact

With the Balance Platform, PNOĒ gives their customers the flexibility to pay once they start generating revenue using the PNOĒ system. Most gyms charge approximately $100 - $300 for this service. On average 30%+ of gym members sign up for testing within the first six months. Using their Balance account, PNOĒ generates invoices to gyms, payable in installments over time, but gets paid immediately by Balance. In this way, PNOĒ is able to offer a better and more flexible payments experience.

 

Learn More

With Balance, merchants simply log in to accept payments any way for their online or offline business - and get paid instantly.  Learn more about automated payment operations, accepting multiple payment methods, flexible payment mechanisms, automated collections and more.



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