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Technology to optimize operations
from Orthodontic Practice Management Software Providers: Six ‘Must-Haves’ in a Payments Partner
by Nuvei
Your goal is to make operations run smoothly for the practices you serve. Your payment partner’s goal should be to deliver the technology to make it happen.
When ISVs have less than stellar payment solutions, operations can be cumbersome and inefficient for your customers.
The ideal payment provider will offer purpose-built solutions for orthodontic practices that transform the way practices operate and provide patients with exceptional payment experiences.
Here are six essential payment technologies for orthodontic practice management.
Card Account Updater
From expiration, to theft, to loss, credit cards are replaced for a variety of reasons. When you offer card account updater, software users receive automatic updates to customers’ cards through your application to keep payments uninterrupted. Deliver a seamless billing experience and set your software apart from the competition.
Hosted Payments
Help practices improve revenue cycles while enhancing the patient experience by delivering secure billing and payment solutions for websites and patient portals. A hosted payments solution makes it possible while removing software applications from PCI scope.
Capture Every Payment
*InstaMed Consumer Healthcare Payments Survey, 2020
Cloud Emv For Saas Providers
Offering contactless and traditional payment options that meet the demands of today’s environment is key. Devices that support EMV, contactless, swiped, and dipped transactions give practices the robust capabilities and security they need while making your solution market competitive.
TOKENIZATION / TOKEN SHARING
Enhance recurring revenue with tokenization as part of your software solution. Practices can automate billing and collect payments without storing patient cardholder data locally. With token sharing, it’s easy to extend card-on-file and recurring billing across multiple offices without having to re-collect payment information.
Helping practices remove friction from patient payments is key to maximizing profitability and creating loyal customers. Supporting popular payment types including Apple Pay and Google Pay, HSA/FSA card as well as traditional credit, debit and ACH payments through your software means more revenue for you and your customers.
ELECTRONIC CHECK ACCEPTANCE (ACH)
Help practices reduce the cost of payment acceptance while offering patients the convenience of paying by electronic check (ACH) using the Federal Reserve Bank System’s Automated Clearing House (ACH) network.