Credit Card Fees and Private Practice: Can I Pass the Fee to My Client?
Oct 01, 2018Credit cards are pretty standard practice in the world of mental health these days. And, in my opinion, that’s a good thing.
Credit cards mean it’s easier for clients to pay for services, you can be assured that you’ll be paid, and clients can often use Flexible Spending Accounts to save money and pay for therapy.
However, credit card processing is NOT free so someone has to pay for these companies to create massive firewalls and protect our client’s personal data… but who pays?
In this video I explain you shouldn’t pass the fee on to your clients… but I also explain how to do this without losing money yourself.
Because yes, having a modern therapy practice does cost a bit more these days, but it’s totally worth it.
I mentioned IvyPay in the video and yes, if you click on the link below you’ll get $1,000 free in initial credit card fees! Yay, thanks, IvyPay!
You can learn more about all the things to consider with credit cards by checking out this blog post on Credit Cards: Your Questions Answered.
Let us know in the comments below! Do you factor in credit card fees when creating your own fee for counseling services?