Expanded payment processing options enable course creators to sell more and spend less time on administration so they can spend more time teaching

Thinkific continues to make significant investments in building engagement and momentum in the online education market

Thinkific Labs Inc. (“Thinkific” or the “Company”), a leading platform for creating, marketing, and selling online courses, has initiated the rollout of Thinkific Payments – an embedded payment processing service in the Company’s online education platform and a powerful tool to help course creators increase sales.

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Thinkific’s sustained investment in new features supports the ongoing success of its course creators, while accelerating the Company’s long-term growth. Building on the initial success of its beta release in early 2021, Thinkific is now moving to the calibrated rollout of Thinkific Payments to a broader group of new customers, while preparing for an anticipated full launch in North America before the end of 2021.

“Thinkific Payments gives course creators tools that help them sell more and spend more time teaching and growing their business,” said Greg Smith, Co-Founder and CEO of Thinkific. “Our purpose is to help course creators scale their impact on the world. Tools that help them grow are crucial to supporting their vision for delivering world-class educational experiences online.”

“With Thinkific Payments embedded in the Thinkific Platform, we can provide more products designed for the intersection of education and commerce,” added Peter Fitzpatrick, VP of Payments at Thinkific. “As we deliver features to fulfill our vision for the future, course creators will be able to leverage tools to grow faster, automate administration, and improve their students’ journeys. Having built on Stripe, course creators can rest easy knowing their transactions are running on the internet’s best financial services technology.”

“After moving my business to Thinkific I reach more students than ever without having to travel to provide classes,” said Mike Brown, co-founder of Notary Training & Supplies, Inc. in New York State and one of the first users of Thinkific Payments. “I am excited about Thinkific’s new embedded payments processing feature, because the new checkout is faster for students to complete and all my payments are within Thinkific. I love that new products are coming out to help me with a primary challenge: selling more courses.”

Today’s announcement reinforces the Company’s commitment to its more than 50,000 active course creators and further expands its product offering, empowering course creators to succeed as they are engaging audiences across industries and geographies. Thinkific continues to deliver on its strategic priority of making success simple for more customers, making it easy for them to make an impact teaching and scale their businesses.

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