In all honesty, nobody really likes to go to the dentist. It’s one of those necessary experiences that we all have to go through every year. Dentists across America provide an invaluable service that every one of us needs if we want to maintain healthy teeth and gums. And let’s not forget about our beautiful, bright smiles. We’d have ugly, stained teeth if our dentist didn’t take care of them for us! But, your dental work isn’t free and sometimes the experience of going to the dentist is somewhat annoying when you can’t use your credit or debit card.
As a dentist, it’s your job to make it easy for your customers to pay for your services. Expecting your patients to pay cash after their appointment is unreasonable at this point. More than likely, they’d rather pay using a credit or debit card.
Are you uncertain of the value of processing credit cards in your practice?
Dharma Merchant Services, credit card processing dental office experts, will happily remind you that accepting this type of payment is the easiest way to ensure receiving compensation in a timely manner.
With that said, let’s take a look at some other big benefits of accepting credit cards in your practice.
Level The Competitive Playing Field By Accepting Credit Cards
Whether you like it or not, many dentists across the US are accepting credit card payments from their patients. And many patients are only willing to go to dentists that will accept this type of payment from them.
Are you tired of losing business to your competitors? There’s no reason for this to happen any longer. As a matter of fact, if you provide excellent dental care and make it easy for your patients to pay you, your competition is the one that has to worry.
It’s tough surviving in today’s competitive business environment. Don’t make it any harder by ignoring credit card payments. You’ll put your practice at a huge disadvantage for no apparent reason.
Improve Cash Flow By Accepting Credit Cards
One of the biggest benefits of accepting credit cards is the speed in which you’ll receive payments for services rendered.
Typically, credit card transactions are processed fast and settled rather quickly. Because of the speed of the settlement, it usually takes a few days for dentists to receive their money.
This is great if you are looking to improve your cash flow.
Maybe you plan to renovate your office in the future and need available capital to make it happen? Or maybe you have to upgrade your equipment and having quick cash on hand will make that possible? Do you anticipate sending staff for training such as EMT certification in Maryland.
No matter what, this is a big benefit for your practice. You’ll never have to worry about overdue payments, checks clearing, lost checks, and other potential payment related pitfalls that all dental practices go through.
Put your mind at ease with credit card processing.
Stop Worrying About Accepting Bad Checks
As a dentist, you shouldn’t have to put your business at risk. But accepting checks that could potentially bounce is definitely a risky venture, to say the least.
You worked hard to become a dentist. You paid your dues in the form of huge dental school loans! It’s finally your turn to get paid for all of your hard work and dedication throughout the years.
The thing about bounced checks is that you not only lose the money owed to you, but you also end up paying outrageous fees to the bank. It’s these situations that should keep you awake at night.
You do the right thing and do phenomenal work for your patients. And then they turn around and bounce payment checks.
Find a reputable merchant instead and start collecting credit card payments. It will put your mind at ease and make your practice that much stronger.
Author Bio: Wendy is a super-connector with Towering SEO and OutreachMama who helps businesses find their audience online through outreach, partnerships, and networking. She frequently writes about the latest advancements in digital marketing and focuses his efforts on developing customized blogger outreach plans depending on the industry and competition.