Are you a veterinarian. If yes then you must put your business in the fast lane. Veterinarians across the world are using modern methods of collecting payment that includes payment gateway and merchant account. There are multiple advantages of using a payment gateway and merchant account for veterinary services. Your clients can easily make bookings online by sending an advance payment for the consultation. You can also accept payment inside your clinic by using a Point of sales (POS) device or Point of sale terminal.
Many veterinarians across the United States of America use ACH and echeck as a reliable mode of payment processing. With ACH customers can directly accept payments through the payer’s bank account.
Veterinary doctors who operate pet care clinics should undoubtedly try to offer multiple payment modes to the customers. Customers prefer to make payments by using a Credit or debit cards. Sometimes they also prefer to make payments using ACH or Echeck.
If you already using a point of sale terminal or a merchant account and are looking forward to getting better rates, then you should certainly go ahead and contact us. We will try to find a better solution that is more cost-effective than the one which you are already using.
The latest point of sales terminals will allow you to accept EMV chip-based cards as well. Global credit card brands have noticed that with the help of EMV chip-based cards they have reduced fraud to a vast extent.
How to apply for a Veterinary merchant account?
To apply for a Veterinary merchant account the first step is to send us your Pre-Application. Once we receive your Pre-Application, this is further sent to a Registered payment service provider in your nation. The payment service provider will request you for a detailed application and the KYC set. Once the payment service provider receives the KYC and application, then the underwriting process starts. The underwriting process should usually take less than 3 to 4 working days. Once your account is approved, then you will get notification directly from the payment service provider or the merchant account acquirer.
The payment service provider will also educate you about the possibilities of integrating the payment processing solution to your website. After integration, your customers can make payments by using credit or debit cards.
If you need a virtual terminal, then an electronic check can be a perfect choice. With electronic check you can accept payments from customers across the United States. The ACH merchant, account control panel, comes with a built-in Virtual Terminal to take phone orders or mail or telephone orders.
How to reduce chargeback on your Veterinary Merchant Account.
There are multiple ways for reducing chargebacks. We have listed few of them here.
1. Create a good relationship with your customers so that in case of an issue the contact you directly rather than going to the card issuer.
2. Request order confirmation from the customer and also ask for signatures on proof of service delivery.
Use a reliable chargeback alert and notification services.
Prepaid debit cards for veterinarians. Most veterinarians have an excellent credit score, and they prefer to use a credit card almost every day. Unfortunately, there may be few possibilities of not making the payments on time in some instances. It is where prepaid cards can help the veterinary community. The Pre-Paid debit card solution that we are talking about does not require a credit check or employment verification.
Veterinarians across the United States can apply for this solution. This is an international debit card that can be used at most of the ATM’s across the world. No matter where you are traveling to UK, Australia, Canada, India, Brazil or Peru you will be able to use the debit card. Apply now for a Pre-Paid debit card today.
Merchant cash advance for veterinarians
If you are already using a payment processing solution and have a good history for more than six months, then you may qualify for merchant cash advance program. Once approved you may utilize the funds to expand your business and to hire more resources. You can also use the funding to buy new equipment or to spend in the marketing efforts of your company.