When researching merchant processing vendors, every company claims to offer the lowest rate with "Guaranteed savings". How can that be? What differentiates one merchant processor from the other, and how can you determine who can deliver on these promises? To explore that question, one must look "under the hood" to determine what makes up the cost structure. Most [...]
The goal for any successful strategic partnership is to build value by leveraging skills, assets and expertise that one party doesn’t possess. In the payment processing space, most software vendors have recognized the value of an integrated payments strategy to improve work flow and capture additional revenue. For example, companies such as Omedix, have developed integrated payments into their Omedix patient portal and online billpay solution. [...]
With the increasing threat of card data security breaches and the complexities of PCI Compliance, every business that accepts credit cards must adopt a secure payments platform that provides the latest in card data security. With the highest concentration of data breaches happening at Retail locations and Healthcare Providers, it is clear that criminals are becoming more efficient and bold in their attempts to steal [...]
As a medical provider, it is imperative to have the best healthcare payment processing solution so you can properly secure the future patient responsibility. As reported by the Kaiser Family Foundation the average annual out-of-pocket costs have increased 230% since 2006. With no end in sight for the growing patient responsibility, it is easy to see whose repsonsibility [...]
