As an assisted living business, streamlining your payment processing routines is crucial. By choosing the right tool, you not only ease transactions but also provide convenience for families, staff, and residents alike. Embracing the digital payment trend can drastically improve your facility’s efficiency, so we’ve curated a list of the best credit card and payment processing tools catered to the specific needs of the assisted living industry.
1. Podium Payments
Podium Payments turns your phone into a card reader for fast, secure transactions while simultaneously gathering helpful reviews and high-quality leads for your business. Its text-to-pay feature keeps transactions in the same communication channel you already use. This streamlining of payment requests ensures timely transactions, simplified sales tracking, and audit-friendly communications.
With Podium Payments, you’re getting more than just a payment tool. You’re also getting access to tools that may improve the customer experience by centralizing customer data. You can offer different payment options and ensure every transaction’s security and accuracy with advanced fraud protection and auto-reconciliation.
2. Square
The Square app is another great tool for assisted living businesses. It offers a comprehensive suite of hardware, software, and payment processing options designed to simplify transactions. Square’s platform accepts all major credit cards, cash, checks, and even digital wallets.
Its easy use and seamless integration with other software make Square a reliable tool that can enhance financial management in your assisted living facility. The all-in-one POS solution and inventory tracking feature make it beneficial for businesses to optimize operations swiftly.
3. PayPal
Known worldwide, PayPal provides a trusted platform for businesses to send and receive payments. Its business platform allows for seamless online invoice creation, recurring billing, and credit card processing, making it a great fit for any assisted living’s specific needs.
Trust is a valuable resource in the healthcare industry. With a widely recognized name like PayPal, you can reassure families that their transactions are in trustworthy hands.
4. Stripe
Stripe is another robust payment processing tool known for its ecommerce facilities that can also serve assisted living businesses. Its features, such as subscription management and invoice generation, ensure seamless payment operations.
The platform offers a one-stop solution for credit card processing and digital payments, freeing you to concentrate wholly on providing excellent care in your facility.
5. Clover
Clover is a payment gateway offering both online and physical payment solutions. It offers a range of hardware and POS systems, including handheld devices for easy mobility which is a critical feature in any assisted living environment.
With Clover’s versatile platform, assisted living facilities can address store management, inventory, and reliable, fast payment processing all in one efficient system.
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6. Chase Merchant Services
Chase Merchant Services provides flexible and secure credit card processing solutions that are scalable based on business size and needs. It offers next-business-day funding, transparent pricing, and around-the-clock support in an array of languages.
As a trusted brand in the banking industry, utilizing Chase Merchant Services can offer added peace of mind to families when handling payments.
7. FIS
FIS offers a suite of solutions for businesses including payment processing, finance management, and risk protection. With its capabilities of managing and protecting the entirety of your payment operations, it’s a fitting solution for large-scale assisted living facilities.
The FIS platform allows businesses to evolve their commerce solutions, secure customer loyalty, and streamline operations–integral facets of running a fruitful assisted living facility.
8. Braintree
Braintree is an online payment system designed to fit all business sizes. It offers tools that enable businesses to accept payments, split payments, and even set up recurring bills. Its sophisticated yet easy-to-use payment functionality can improve the transaction process in assisted living centers, enhancing the resident experience.
Incorporating Braintree into your assisted living business is a convenient way to modernize payment operations without intimidating non-tech-savvy residents and their loved ones.
9. FreshBooks
FreshBooks is a cloud-based accounting software ideal for small to medium-sized enterprises. It simplifies tasks like invoicing, expense tracking, and payment collection. Its straightforward dashboard is easy to understand, reducing your learning curve.
We endorse FreshBooks for its negotiation of accounting services with payment processing tools, offering a complete financial management solution for smaller-scale assisted living facilities.
10. Sage
Sage is an all-around financial management tool that counts payment processing as one of its specialties. It integrates with many businesses’ existing systems, making it a seamless addition to your facility’s payment structure.
In the assisted living industry, choosing a platform like Sage can simplify work, allowing you to focus on what matters–providing quality care for residents.
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Understanding the many responsibilities that come with running an assisted living facility, we believe that integrating the right payment tools can make a significant difference in how smoothly your operations flow. We hope this list assists you in finding the perfect solution that aligns with your business needs. Explore other ways Podium can help your local business grow in the industry.
