Pharmacy Payment Processing
The global pharmacy industry is a multi-trillion-dollar market, playing a crucial role in healthcare and consumer well-being. Efficient pharmacy payment solutions are essential for supporting the continuing growth of the industry, ensuring smooth transactions for both businesses and customers.
$2.0515T
Value of Pharmacy Worldwide
6%
Average Annual Pharmacy Market Growth Rate
$2.3B
Contribution of Pharmacy to Global GDP
Pharmacy Payment Solutions for Different Sectors
Pharmacy payment processing must accommodate various sectors, each with distinct needs.
Retail Pharmacies
Secure and fast transactions for in-store and online prescription sales.
Online Pharmacies
Reliable payment processing for e-commerce-based medication purchases.
Telemedicine & eHealth
Seamless integration with virtual consultations and prescription services.
Compounding Pharmacies
Customized payment solutions for specialized prescription fulfillment.
Medical Suppliers
Efficient transaction handling for wholesale pharmaceutical and medical equipment sales.
Healthcare Subscription Services
Recurring payment support for membership-based pharmacy services.
What are Pharmacy Payment Solutions?
Pharmacy payment solutions facilitate secure and compliant transactions within the pharmaceutical industry.
Compliance & Security
Adherence to healthcare regulations and data protection laws, ensuring safe transactions.
Multi-Payment Options
Support for credit/debit cards, digital wallets, and ACH transfers to enhance customer convenience.
Fraud Prevention & Risk Management
Advanced security measures to mitigate fraud risks and safeguard sensitive data.
Pharmacy Payment Solutions Benefits
Choosing the right payment processing for an online pharmacy provides a lot of advantages.
Increased Sales
Secure, seamless transactions boost customer trust and conversion rates.
Regulatory Compliance
Solutions designed to meet strict healthcare and financial regulations.
Enhanced Security
Protection against fraud, chargebacks, and data breaches.
Optimized Customer Experience
Quick and reliable payment processing improves customer satisfaction.
Key Features to Look for in Pharmacy Payment Solutions
The right pharmacy payment processing system should include the following:
HIPAA & PCI Compliance
Ensuring adherence to strict healthcare and financial security standards.
Subscription & Recurring Billing
Automated payments for ongoing prescriptions and memberships.
Seamless Integration
Easy API and software compatibility with pharmacy management systems.
Chargeback Protection
Advanced tools to minimize disputes and prevent revenue loss.
Vellis' Payment Solutions for Pharmacy
At Vellis, we provide industry-leading pharmacy payment solutions tailored for your business.
Open an Account
Get started with a secure and compliant pharmacy payment solution.
Complete Your Application
Our streamlined approval process ensures quick onboarding.
Go Live
Start accepting payments with confidence using our robust and scalable platform.
FAQs
Open Your Account
Apply online for tailored financial services.
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© 2025 Vellis Inc.
Vellis Inc. is authorized as a Money Services Business by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) number M24204235. Vellis Inc. is a company registered in Canada, number 1000610768, headquartered at 30 Eglinton Avenue West, Mississauga, Ontario L5R3E7, Canada.