What is a Card on File Payment?

Card on File Payment in Noterro refers to the ability to securely store and use a patient's credit card information for future transactions. This feature is facilitated through integration with payment processors like Square or Bambora/Worldline, ensuring that credit card details are stored in a PCI-compliant manner and not directly on Noterro's servers.

How does Card on File Payment work?

Card on File Payment works by:

• Secure Storage: Storing customer card details in compliance with Payment Card Industry Data Security Standards (PCI DSS).
• Authorization: Obtaining customer consent to securely store and use their card information.
• Automated Charges: Automatically charge the stored card for recurring payments, subscription fees, or additional purchases.
• Customer Notification: Informing customers about upcoming charges and providing receipts for transactions.

What are the Benefits of Using a Card on File Payment?

Benefits of using Card on File Payment include:

• Convenience: Simplifying transactions by eliminating the need for customers to enter card details repeatedly.
• Improved Cash Flow: Ensuring timely and predictable payments for businesses with recurring revenue models.
• Reduced Friction: Streamlining checkout processes and enhancing customer experience.
• Security: Protecting sensitive card information through encrypted storage and PCI DSS compliance.
• Retention: Encouraging customer loyalty and retention through seamless payment experiences.