Everything You Need To Know About Medical Merchant Services!

 Medical merchant services provide an easy, secure and convenient way to process payments from patients or other customers. These services allow healthcare organizations to accept credit cards, debit cards, prepaid cards, ACH/eCheck and more as payment for medical services.


With the right medical merchant services provider, you can save time and money while improving the patient experience. Here’s what you need to know about medical merchant services to get the most out of them:


• Security and Compliance: Medical merchant services must meet strict security standards, including PCI-DSS (the Payment Card Industry Data Security Standard) and HIPAA (Health Insurance Portability and Accountability Act). Your provider should be able to provide you with the necessary compliance documents and certifications.


• Transaction Fees: The fees associated with medical merchant services vary depending on your provider, but they typically range from 1% to 3%, plus a flat fee per transaction. Make sure you understand the exact fees so that you can make an informed decision about which service is right for you.


• Technology: Your medical merchant services provider should have the latest technologies such as point-of-sale terminals, mobile payments and online payment gateways. This will help ensure that your customers have a smooth and secure experience when paying for their medical services.


• Customer Service: Look for a provider that offers high-quality customer service. You should be able to get quick, responsive support if you have any questions or issues with your medical merchant services.


By taking the time to understand how medical merchant services work and selecting the right provider, you can improve the patient experience while protecting your organization’s data security.  With the right provider, you can provide a secure and convenient payment experience for your patients.  If you’re ready to get started with medical merchant services, contact a provider today! 


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