Finally, a lower-cost alternative to credit card processing that doesn’t sacrifice speed or convenience
Credit card processing fees are a cost of doing business, and the aesthetic industry is no different, with practices routinely paying anywhere from 2.5% – 3.5% or more per transaction. Today, that changes forever….
Introducing AR Pay’s Instant Bank Payments
We’re excited to announce the launch of Instant Bank Payments through AR Pay – a groundbreaking payment method that delivers the speed and convenience patients expect at a fraction of traditional processing costs.
The Innovation That Changes Everything
2.1% processing rate. That’s it. No hidden fees, no surprises, just significantly lower costs than credit card processing.
But here’s where it gets even better: unlike traditional bank transfers that take days to process, AR Pay’s instant bank payments include:
- Real-time verification – patients get immediate approval
- Two-day payouts– money moves as quickly as credit card payments
- Bank-level security – the highest standards of financial protection
- Integrated in Existing Workflows- pay with IBP from Text-2-Pay or eCommerce
Why This Matters for Your Practice
Immediate Cost Savings
Credit card processing fees are complex- with a robust platform like AR Pay, you get so much more than a “swipe” rate. AR Pay is your gateway to the most robust, most dynamic payments platform in the industry. But with Instant Bank Payments, you get all the benefits, and you get a significant reduction in fees so you can keep more of what you earn.
Enhanced Patient Experience
In addition to credit cards and buy now / pay later options, your patients now have even more choices with Instant Bank Payments! They can:
- Complete transactions as quickly as with credit cards – no waiting days for it to clear
- Avoid credit card interest charges
- Feel confident with bank-level security
- Enjoy seamless integration with their existing payment experience – nothing changes for your patients or your practice
Operational Efficiency
Because AR Pay is natively integrated into Aesthetic Record, instant bank payments work exactly like credit card processing:
- Same checkout flow for staff
- Identical reporting and reconciliation with the addition of IBP in Business Insights so you can track those cost savings
- No additional training required – if AR Pay is turned on, so are Instant Bank Payments
- Stripe’s online wallet, LINK, is used across thousands of vendors, so there’s a good chance patients already have a bank payment tied to their account
The Technology Behind the Innovation
AR Pay’s Instant Bank Payments leverage Stripe’s advanced banking infrastructure to provide real-time account verification and immediate transaction processing. This isn’t a typical ACH transfer – it’s a new category of payment processing that combines the speed of card payments with the lower costs of bank transfers.
Security You Can Trust
Every instant bank payment includes:
- Multi-factor authentication
- Real-time fraud monitoring
- Bank-level encryption
- PCI DSS compliance
- HIPAA-compliant data handling
Implementation Made Simple
Getting started with instant bank payments is incredibly straightforward:
- It’s Already Enabled via your AR Pay connection – as long as it’s powered by Stripe
- Train your team on how to encourage patients to choose IBP over traditional credit cards
- Start offering the option to patients immediately
- Watch your processing costs decrease
No integration work. No additional setup fees. No lengthy implementation process.
The Future of Payment Processing
This launch represents more than just a new payment method – it’s a fundamental shift toward more intelligent, cost-effective financial operations in aesthetic practices. IBP is one of two AR Pay launches we have in store this month, with more to come next week. The future is being able to give patients a multitude of options so you can reduce any payment-related friction without sacrificing your profit.
As costs continue to rise and patients become more value-conscious, offering interest free-payment alternatives isn’t just nice to have – it’s a competitive necessity.
Ready to Transform Your Payment Processing?
AR Pay’s instant bank payments are available now to all Aesthetic Record clients who are currently connected via Stripe.
Have AR but Not Using AR Pay Yet?
Head to your Settings menu > POS Settings and toggle it on! You’ll have nearly immediate access to your new account, and as soon as the account is live, so are Instant Bank Payments & Sunbit, a fully integrated BNPL solution also powered by Stripe.
Transferring Payment Methods from Another Processor?
We can help! To get started, email our AR Pay Specialist, JR Devera, at JR@AestheticRecord.com to begin the token transfer process.
New to AR or AR Pay?
Schedule a demo to see how our comprehensive financial suite can transform your practice operations while reducing your processing costs.
AR Pay is the native payment processing solution integrated directly into Aesthetic Record and powered by Stripe. AR Pay offers comprehensive financial management tools designed specifically for aesthetic practices. From instant bank payments to manufacturer loyalty integrations, BNPLs, and a partner payments from companies like RepeatMD, AR Pay transforms routine transactions into strategic growth opportunities.
