A Detailed Guide To Veterinary Merchant Services!

Veterinary Merchant Services (VMS) is a specialized type of merchant services that provides veterinary practices with the ability to accept payments from their clients. This service allows veterinarians to accept credit card, debit card, and ACH payments from their customers without any extra processing fees or equipment costs. VMS providers can also provide additional benefits such as fraud protection, reporting and analytics, and automated billing to help streamline the payment process.

VMS providers must be PCI-compliant in order to accept payments from customers securely. Additionally, most VMSs require that veterinary practices use a virtual terminal or POS system so that the data can be transmitted safely between the merchant’s point-of-sale and the payment processor. Many VMS providers also offer additional features such as customer management, loyalty programs, and inventory management.

The cost of Veterinary Merchant Services can vary greatly depending on the type of service offered and the transaction volume. Generally speaking, veterinarians will pay a flat monthly fee plus a per-transaction rate. Some VMS providers may also offer discounts for high-volume businesses.

When selecting a Veterinary Merchant Service provider, it is important to do your research and compare the services offered by different companies. Make sure that the company you select is secure and PCI-compliant, has competitive rates and fees, provides reliable customer support, and offers features that will benefit your practice. Additionally, if you are utilizing a POS system, be sure to ask the VMS provider if they are compatible with the software you are using.

Now that you know the basics of Veterinary Merchant Services, we hope this guide has helped you get started in understanding how these services can benefit your veterinary practice. We wish you the best of luck in finding a provider that fits your needs and budget.