Merchant accounts for doctors, vets, opticians and dentists

Although in the UK we are incredibly lucky to receive free healthcare, some NHS run surgeries still require the facility to accept credit card processing within the doctor’s office, examples of this include; additional vaccination payments and insurance health reports, which are normally charged at a nominal fee. Often these payments are taken over the phone rather than in person, when the appointment is booked or the report ordered. This can be done using a card machine or a virtual terminal, where customers card details are entered in a similar way to an online ‘check out.’ Securing GP merchant services is relatively straight forward and can be done using a mainstream account or provider. However, applying for merchant account for pharmacies is deemed high risk more details of which can be found here.

Fee’s involved with card processing vary from provider to provider, however we have a few tips which will ensure you get the bestlow costcredit card processing for your medical office. Following the three simple points below will mean that you do not pay over the odds;

• Comparing accounts and quotes like-for-like is key when finding the right account for your needs. It sounds obvious, however merchant still fall into the trap of comparing accounts on rates alone. Watch out for hidden fees.
• Review your merchant account and payment gateway providers regularly. This allows new providers the opportunity to undercut what you are paying currently and therefore will save your company money. Merchants often remain with the same provider for the duration of their business, which could cost them thousands.
• Fees are negatable, meaning that when searching forcredit card processing for medical business big or small, you should get at least three different quotes. Negotiating between a few providers will ensure you get the very best deal available to you at that time.