Top Things to Consider When Choosing a Payment Processor for Your Vet Practice

There are many options when it comes to payment processing, but not all merchants are created equal. Take a look at our list of the top things you should consider when choosing the RIGHT provider for your vet practice.

1. Security and Compliance: The payment processing service must comply with industry standards for security, such as PCI DSS (Payment Card Industry Data Security Standard), to protect sensitive payment information and minimize the risk of data breaches.
2. Payment Methods Accepted: Ensure that the payment processing service supports a variety of payment methods, including credit cards, debit cards, mobile payments, and contactless payments. This ensures convenience for your clients and maximizes your revenue opportunities.
3. Integration with Practice Management Software: Look for a payment processing service that seamlessly integrates with your practice management software. This integration will streamline your billing and invoicing processes, reduce manual data entry, and improve efficiency.
4. Transparent Pricing: Evaluate the pricing structure of the payment processing service, including transaction fees, monthly fees, and any additional charges. Look for transparent pricing with no hidden fees and choose a plan that offers good value for your clinic’s budget.
5. Ease of Use: The payment processing service should be easy for your staff to use, with a user-friendly interface and intuitive features. Training and support should be provided to ensure your team can navigate the system effectively.
6. Customer Support: Consider the level of customer support offered by the payment processing service provider. Ensure that support is available when needed, with prompt response times and knowledgeable staff to assist with any issues or questions that arise.
7. Reporting and Analytics: Look for payment processing services that offer robust reporting and analytics tools. These tools provide valuable insights into your clinic’s financial performance, transaction trends, and client payment behavior, helping you make informed decisions to optimize revenue and efficiency.
8. Mobile Accessibility: Check if the payment processing service offers mobile accessibility, allowing your staff to accept payments on the go using smartphones or tablets. This feature is particularly useful for mobile veterinary services or events.
9. Reputation and Reviews: Research the reputation of the payment processing service provider, including reading reviews from other veterinary clinics or businesses in the industry. Choose a reputable provider with a track record of reliability and customer satisfaction.

So how does TMGvets rank?

1. TMGvets is PCI DSS compliant
2. We accept all payment types including mobile wallet and contactless payments.
3. With Practice Management Bridge we can integrate with ANY software – and save you money on fees.
4. We offer transparent pricing, the lowest fees in the industry and don’t require a contract.
5. We offer all of the newest terminals available, choose the terminal that is best for your staff. Equipment is plug-n-play and we offer staff training and 24/hr support.
6. We offer 24/hr support because emergencies rarely happen during business hours! We also have Veterinary Payment Specialists available to assist you.
7. We offer access to all reports and analytics through our customer portal. We can help you understand the documents and help your clinic understand reporting insights.
8. We offer fully mobile terminals, or the option of running payments through smartphones or tablets.
9. We have more 5 star reviews than other provider for vets! We are the #1 choice for veterinary practices and are happy to share references with you!

If you are interested in learning more about our services, we would love to chat with you!