Payment Processing Services for Veterinary Practices
One thing many veterinary practices review is the cost of collecting payments. Your actual processing costs depend on your payment mix, volume, processor, and program.
Optimize Operations
Owners of veterinary clinics or managers need to continually find ways to optimize their operations, which means lowering costs wherever possible without compromising the quality of your service.
Maximize Revenue
Our 5-star veterinary payment processing solutions make it easy for you to manage your cash flows and maximize revenue from every appointment.
Focus on your patients, not your payments.
Credit Card Processing Costs the Average Vet Practice $43,000 a Year
The "Card Not Present" Impact
What constitutes a "Card Not Present" transaction? Online orders, like pet pharmacy prescriptions, and curbside pick-up orders fall under this category. Since these types of services have become more common among veterinary practices in recent years, clinics are also facing much higher processing fees.
The average processing fee for a veterinary clinic is 3.5%, and the rates can be higher depending on the type of card someone pays with. The merchant fee is also affected by whether or not a card was present during the transaction. "Card Not Present" transactions come with higher processing rates.
Industry Reality
Processing costs vary by practice, payment mix, processor, and program. A statement review can help you understand your current fees and available options.
Review your payment setup before choosing a program.
Competitive Edge
For a practice that sees more business through card and digital payments, payment costs can affect margins. Finding the right payment setup means comparing rates, equipment, software compatibility, funding rules, and support.
5 Star Processing can help veterinary practices review available processing options and understand the terms before choosing a program.
5 Star Processing Makes
Patient Payments Painless
Veterinary practices rely on specialized software to make managing their clinics easy. Veterinary practices use practice management and customer relationship management software to manage accounts, send invoices, and record payments. Some may come with a payment processor while others require separate software to have complete functionality.
Our goal is to simplify payment processing for veterinary practices by offering a streamlined, straightforward service. We cover the most essential aspects of payment processing, such as credit card verification and data protection, while lowering your overall cost of ownership.
Take a look at some of the core features we offer:
Statement Review
Review your current payment costs and compare available program options for your practice.
Funding Schedules
Funding schedules vary by processor, account approval, batch timing, holidays, holds, and banking days.
Easy-to-Use Software
Choose compatible tools that fit your clinic workflow. Availability depends on the selected equipment, processor, and software setup.
You can easily onboard your veterinary receptionists and office staff, ensuring everyone remains up-to-date with client financial records. This can also reduce the risk of billing errors that cost your business more money.
Compatibility With the World’s Top Payment Providers
You can improve your customer experience by offering a wide range of payment processing options to all of your clients. Contactless pay has risen in popularity, and more customers are eager to work with modern veterinary practices that accept Apple Pay and Google Wallet.
Our services ensure that your practice can accept payments from a wider range of customers, giving you the opportunity to expand your practice and care for more animals.
We provide point-of-sale systems and payment processing software that accepts payments from all major providers, including:
Review Security Options
Security features depend on the selected processor, gateway, equipment, and workflow. Ask which encryption, access control, and compliance responsibilities apply to your setup.
Get StartedWhy Your Veterinary Practice Should Choose 5 Star Processing
Tailored Service
At 5 Star Processing, we make payment processing for veterinary practices easy and straightforward. Our services are optimized for your business and tailored to your needs.
Your current payment processor may not be providing the level of service or savings your practice deserves. By switching to 5 Star Processing, you gain access to better pricing, advanced tools, and dedicated support.
Dedicated Support
But what happens when you run into a problem with your current payment processor? You likely find yourself sending emails that get stock answers and waiting for hours on the phone to talk to someone who doesn’t even know how to solve your issue.
5 Star Processing helps veterinary offices review payment questions, setup needs, and support requests through the channels available for their account. Availability and response times may vary by provider and program.
Financial Experts on Your Side
You can contact 5 Star Processing through the available support channels when you have questions about our payment processing solutions. If you pair your payment processing with additional services, such as business credit building or reporting services, reporting availability depends on the selected program.
Get StartedGet Started Today
Learn more about our payment processing solutions today! If you have any questions, we would be happy to answer them. Schedule a free consultation call with a 5 Star Processing advisor to discuss your options.
You can send us a message or give us a call at (888) 253-9692.
For more information about payment processing and business finance topics, check out our blog.