Remember writing a check at the doctor’s office check out?Going to the doctor or hospital, patients watched payment processing evolve from the good old paper check, the preferred medical merchant processing payment method of satisfying healthcare bills for a good part of the previous decade. When the offices allowed patients to use credit cards to cover their expenses those transactions quickly gained popularity as an integral part of medical processing systems, grabbing some of the fame away from checks.
Come 2020, the pandemic put people behind the four walls of their house, hindering them from going to see their doctor, much less go in to send in a payment for previous debt they made with those facilities.
People’s preference for contactless payments surges, forcing medical businesses such as clinics, hospitals, laboratories, and others to quickly adapt to the new norm if they wanted to stay in business. The variety of facilities needed to change the medical merchant processing to accept payments via mobile, email invoicing, and through an online hosted payment portal on the healthcares’ website.
A good portion of medical offices has yet to find a provider that accepts eChecks. If your clients in the medical industry lack the capability of accepting ACH payments, they’ll likely fall behind competitors who do accept them. This is why it’s imperative to provide ACH payment processing capabilities to medical merchants.
Healthcare businesses can derive a wide array of benefits by accepting ACH payments. Following are a few benefits of ACH payments:
ACH payments can bring these efficiencies to your client’s payment process. If you’re curious about how you can fully leverage the power of ACH payments.
Take a look at 6 Strategies to Optimize Your ACH and Merchant Services Account.
It’s possible that your client uses a separate provider for IVR and credit card payments, and a QuickBooks plugin for email invoicing. Accepting and managing payments via separate providers can make the process tedious.
Integration with ICG will enable your clients to accept payments via IVR, credit cards, debit cards, ACH, remote deposit capture, eChecks—all in one virtual terminal. This saves your clients time and makes management easy by bringing all these payment methods on a single platform.
Instead of having a Qualified Security Assessor (QSA) come for an on-site assessment that costs merchants plenty of man-hours and unexpected dents in the budget, you could help merchants reduce their PCI scope and let ICG take care of PCI compliance.
Therefore, ICG always ensures compliance with Nacha regulations. Our commitment to brilliance, extensive industry experience, and 24/7 support make us an ideal partner for ISOs and ISVs.
Instead of creating in-house payment solutions, ISVs can integrate their product with our API offered as a hosted payment portal or an iFrame. ICG’s suite of payment processing solutions can introduce efficiencies for your clients’ medical payment processing system. Following are the ICG solutions that can synergize with your product and provide your clients with excellent medical payment processing solutions:
ICG’s internet-enabled management system allows your clients to process ACH and credit card transactions from a secure web-based interface.
Request payments directly from iCheckGateway.com. Clients receive a payment link via email and can choose to pay by ACH or a credit card.
IVR allows customers to make ACH and credit card payments using their phone, without any interaction required with a representative.
Your clients can now integrate ICG with both QuickBooks Desktop and QuickBooks Online. The plugin uses tokenization to support stored payment methods for autopay customer profiles, which consequently reduces your client’s PCI scope.
Merchants lose about 2 to 4% of the sales value as credit card processing fees. A cash discount program could function as an incentive for customers to pay in cash or by ACH transfer. Customers can avail of this discount through ICG’s payment platforms, including on mobile and IVR systems.
Our sales and support team will continue to provide support until such time that you begin to feel confident about taking over. We pride ourselves on the comprehensive support we provide during the merchants payments processing experience, futuristic thinking towards the technical challenges they face during the transition.
You will never have to worry about customer attrition with ICG. Our support and tech teams will ensure to resolve your merchants’ concerns quickly. Become an ICG partner today and provide cutting-edge payment solutions to your clients.
For more current info about our company:
Email: pr@icheckgateway.com Call: 888.746.5741
Website: iCheckGateway.com
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