We’ve taken RepeatMD memberships to the next level.
Beauty Bank transforms your business by creating predictable, recurring income through monthly patient contributions to memberships.
Patients save up for higher-ticket services, leading to larger purchases without cutting into your margins.
Plus, it’s a way to boost retention—when patients have RepeatCash, they have banked cash, enticing them to return to spend in your practice. Best of all, patients get to spend on their terms!
Instead of relying on discounts or one-off treatments to engage patients, you’re building long-term patient loyalty and increasing lifetime value.
Watch the video to see how Beauty Banks works for you and your patients:
Beauty Bank vs. Traditional Memberships
Compare Beauty Bank and Traditional Memberships—many practices choose one, the other, or both depending on what fits their patient base and business goals.
Feature | Beauty Bank | Traditional Memberships |
Revenue Model | Stored value (RepeatCash) | Fixed monthly payment for specific services |
Flexibility | Patients accumulate and use funds at their discretion | Patients receive pre-defined services each month |
Transparency | Patients can track balance and spending in real-time | Limited visibility into value accumulation |
Usage | RepeatCash can be used on a variety of treatments and services | Limited to pre-selected treatments |
Patient Engagement | Encourages long-term savings for higher-ticket treatments | Encourages routine visits for included services |
Business Benefit | Reduces reliance on discounts while maintaining steady revenue | Guarantees recurring revenue but may require additional incentives |
Why It Matters
How Beauty Bank helps your business
Predictable Recurring Revenue – Beauty Bank ensures a steady stream of revenue by encouraging monthly contributions that patients will later redeem for services.
Increased Transaction Value – Encourages patients to accumulate funds for high-value treatments, leading to larger purchases over time.
Reduced Discount Dependency – Unlike traditional promotions, Beauty Bank allows patients to feel like they are saving without requiring deep discounts that cut into margins.
Operational Simplicity – Eliminates the need for manual tracking of promotional credits and streamlines the financial management of patient balances.
Why your patients will love it
Effortless Savings for Treatments – Patients can accumulate RepeatCash over time, making it easier to afford higher-value services.
Full Transparency & Control – Patients can track their contributions and spending in real time via the app Wallet.
More Flexibility in Choosing Services – Unlike traditional memberships, Beauty Bank allows patients to decide when and how they want to use their accumulated funds.
Exclusive Member Perks – Practices can reward long-term participation with bonus RepeatCash, increasing perceived value and engagement.
Ready to Launch Your Beauty Bank?
Whether you’re setting up Beauty Bank for the first time or upgrading your current membership, you have options:
RepeatMD Set up: Our team will handle the setup.
Just click the link below to complete the short opt-in form, and our team will take it from there.
Best Practices for Maximizing Beauty Bank
Promote Beauty Bank to Patients: Highlight its benefits during consultations and in marketing materials.
Encourage Long-Term Subscriptions: Offer tiered benefits for long-term members.
Monitor Usage & Adjust as Needed: Regularly check transaction reports to optimize pricing and policies.
Use Beauty Bank in Marketing Campaigns: Run special promotions where new members receive bonus RepeatCash.
Train Staff on Beauty Bank Features: Ensure front desk staff and providers understand how to explain and apply RepeatCash.
FAQs
Q: Can patients withdraw or refund their RepeatCash?
A: No, RepeatCash is non-refundable but can be used toward treatments and services.
Q: Can I offer different Beauty Bank tiers?
A: Yes, you can set multiple contribution levels to offer flexibility.
Q: Can Beauty Bank be used for all services?
A: You can configure eligibility based on your practice's offerings.
Q: What platform plans tires is Beauty Bank available for?
A:
Plan Tier | Beauty Bank Available? | Notes |
Professional | ✅ Yes | Fully included. |
Executive | ✅ Yes | Fully included. |
Legacy Platform | ✅ Yes | Available for eligible accounts. |
Light | ❌ Not Available | Upgrade required to access Beauty Bank. |
Need help? Contact RepeatMD Support by emailing support@repeatmd.com or contact your Customer Service Representative.