Accepting Cryptocurrency

What is Cryptocurrency? 

Cryptocurrency is a digital currency that allows people to exchange value without a bank or government. It's a type of electronic cash that exists only as a digital token on a blockchain. Cryptocurrency has been a popular subject for quite a while now. As a consumer, you may be intrigued by it. Maybe you’ve already used it to buy goods and services. Or perhaps you’ve invested in it.

As a business owner, it’s the latest form of payment acceptance to offer your patients. So even if cryptocurrency isn’t on your radar otherwise, it’s important to consider it in terms of your practice.You want to make it easy for your patients to pay for services and supplies however it’s convenient for them. If they start asking about cryptocurrency as an option, you want to be prepared.

The process is similar to how you accept credit cards. Whether you use a credit card terminal, payment form, invoice or shopping cart, it’s a realistic, no-hassle option for your patients. Plus, there are no chargebacks!

NetCents

You can work with NetCents to easily integrate cryptocurrency payments into your practice. It’s basically like a virtual terminal or payment gateway. As long as you have internet access, you’re able to use it.

NetCents allows your patients to choose from popular cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Bitcoin Cash and more. One important thing to note is you don’t have to receive the payment as cryptocurrency. You can choose to accept it as US dollars that go right into your account. You just may be surprised how easy it is for both in person and online transactions.

In-Person Transactions

As long as your patient has a crypto wallet set up on their smartphone, it’s a painless process.

• Countertop Terminal: If you prefer a terminal, we do have an option compatible with cryptocurrency. All you have to do is open the NetCents app, and you’re ready to accept the cryptocurrency payment.
• Smartphone, Browser, or Tablet: If you need to accept payments outside of your practice, or want another in-person option, you can use a smartphone, browser, or tablet.

Online Transactions

Your patients don’t have to be in your practice to pay with cryptocurrency. They can pay their bill or buy vitamins from you online by using one of these techniques;

• Shopping Cart/Payment Form: If your practice has an online presence with a payment form or shopping cart, accepting cryptocurrency is as easy as a credit card. 

Invoice: From your dashboard, you can create an invoice to send to your patient. When they open the invoice, there will be a QR code for them to scan. That’s when the customer takes out their smartphone with the crypto wallet to pay with their preferred cryptocurrency.  

Source