CareCredit announced today its expansion into the day and medical spa markets—helping Spa providers drive growth by providing an additional payment option for consumers. The CareCredit credit card is a health, beauty and wellness card dedicated to helping people get the care they want and need.
As part of this new program, CareCredit has partnered with both the American Med Spa Association and the Spa Industry Association to help Spa industry professionals bring the benefits of CareCredit to their practices. Providers can now offer clients access to more treatments and services while also expanding their potential client base to CareCredit’s 11 million cardholders. Participating spas will also become a part of the CareCredit network of qualified providers, which receives more than 850,000 searches per month.
“Day and medical spas are an attractive growth segment for CareCredit. We’re excited to join this growing market and help spas grow their businesses by offering an easy way to make treatments and services more accessible for their clients,” says Dave Fasoli, CEO, CareCredit. “CareCredit helps people care for themselves and focus on their overall wellbeing, while also helping small business owners offer more payment options which, in turn, gives them more peace of mind while helping them meet their ambition of growing their business.”
“As medical spas and aesthetic practices continue to add new technology and services to provide the best possible results, it will become even more important for their clients to have a way to fit these new options into their budgets,” says Alex R. Thiersch, JD, Founder and Director of the American Med Spa Association. “Clients may be more likely to move forward with prescribed treatments if they know that an easy payment option is available.”
“The CareCredit offering means spa guests can get relaxation and wellness services they want, whenever they want, without having to worry about cost being a barrier,” says Allan Share, President, Spa Industry Association. “With CareCredit, spa clients can have greater access to services while spa owners have another tool to help grow and simplify their processing.”