Serving 10,000 Vet Clinics, Vetsource Launches a Processing Capability

Vetsource, a provider of technology, pharmacy, and business services to veterinary practices, has added payment processing capabilities to its platform.

In addition to supporting credit and debit cards, e-wallets, and online and automated clearing house payment-processing options, Vetsource says its new service will enable veterinary practices to offer payment methods typically not available to them, such as text-to-pay.

Vetsource says practices will also be able to pull client data in real time and execute express checkouts, reducing the time spent manually entering data, as well as generate end-of-day reconciliation reports. Practices will also have a choice of a fixed or mobile POS terminal.

A Portland, Ore.-based payment facilitator, Vetsource, which serves more than 10,000 veterinary practices, says it can offer competitive rates to merchants by eliminating so-called hidden fees.

Payment facilitators allow their customers to accept electronic payments using the payment facilitator’s infrastructure and control the onboarding process for their customers, which are considered submerchants on the payment facilitators’ account.

“A pain point for many veterinary hospitals is that their current payment systems are clunky and awkward, proving difficult and time-consuming for staff and causing friction for the customer,” Vetsource chief executive Kurt Green says in a prepared statement.

“We knew we could solve a unique problem and bring a valuable payments solution to the industry, one that would be affordable, offer better reporting and reconciliation, and have a more modern-usable interface,” Green says.

Vestsource was founded in 2008 to help veterinary practices compete in the online marketplace with a home-delivery solution.