ADA News

Credit cards are often the simplest way for patients to pay for dental services. However, ADA members should be aware of the exact rates they’re paying for card processing services.

Chase Paymentech, the only credit card processing provider endorsed by ADA Business Resources, can help ensure that dentists are paying the most competitive rates available.

"Card acceptance rates can become complex, therefore some dentists may not realize the true effective rate they are paying. Teaser rates and downgrade surcharges can result in high costs," said Peter Gasparro, Chase Paymentech's group executive of partnership programs. "Chase Paymentech doesn't operate that way. With thousands of dentists taking advantage of the exclusive ADA member pricing, we are in the unique position to offer a simplified rate structure uniquely designed for the cards most frequently used in dental practices.

"ADA members simply need to provide us with their three most recent merchant processing statements," he said. "We'll do a cost comparison based on a calculation of the overall cost for comparable services, and exclude any one time fees. According to some recent competitive analysis, the average practice could save up to $1,000 a year simply by switching to Chase Paymentech's service."

Chase Paymentech currently provides more than 4,000 ADA members with the technology, security and customer service they need to accept payments from patients.

Until Sept. 30, Chase Paymentech is offering a $250 signing bonus for new dental practices (bonus is applied as a credit within 90 days of account activation). For more information or to sign up, call 1-800-618-1666 or visit http://bestpaymentprocessing.com/ada.