Medical Office Merchant Account
eData Medical Office Merchant Account
Payment processing for the healthcare/medical industry is often complex. With the internet evolving and technology creating various ways to pay for services, your healthcare business needs to have a medical merchant account tailor-made for your business.
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Medical Office Merchant Account
Accept payments at
your medical practice with custom software, apps and websites
Accept all major
credit card brands and increase your revenue at your medical office with a merchant account that is tailored to
your business. Merchant accounts are not one-size fits all so sign up for an
account that is tailored to your specific needs.
Here’s what you’ll get:
This complete payment
system allows you to accept credit card payments in both a retail and card not
present environment for your medical office by using your website or by using
a hosted payment page that comes with your account!
Interchange Plus Retail Pricing enabling you to achieve low cost
effective rates (detailed pricing listed on this page under the pricing section)
24-Hour Application Approval so you can start
accepting payments as soon as possible
EMV Compatible Devices so you can accept smart chip credit
cards from your customers
Complimentary Access to the merchant center reporting system which allows you to view statements, batch reports and transactions in real time
Point to Point (P2PE) Encryption so every
transaction is safe and secure and your customer’s data is never compromised
PCI Compliant Terminals so you can remain “out of scope” when it
comes to PCI liability
Track Volume w/ Daily Reports
Virtual Terminal w/ Recurring Billing
Hosted Payment Page
Truck Daily Volume
3rd Party Gateway Connection
Real Time Transaction Reporting
P2PE with Patented Tokenization
Secure Customer Profiles for Billing
Multi-Merchant Accounts/Locations
Multi-User Virtual Terminal Access
Free Mobile App (iOS & Android)
Chargeback Management
Merchant Account Pricing for Medical Offices
The fees listed below are for the medical office merchant account program. With your account you’ll get access to a virtual terminal and a reporting dashboard. If you elect to add a 3rd party gateway, additional fees may apply.
AMERICAN EXPRESS is automatically added to your account unless you request for it to be left
off. All AMEX transactions are deposited along with your normal batch and
pricing is set in accordance with the OPT Blue program.
Interchange Pass Through Pricing
A processor specific margin is added above the actual cost of interchange is given for this merchant account program. (Ranges 10bps to 50bps based on monthly credit card volume and
other factors)
PCI Compliance Fee
A PCI Compliance fee
is a requirement with every account. Annual compliance fee is $99.
Account Setup Fee
There is no activation fee for this type of
account.
Contract Term
There is no long term
contract and is simply a month-to-month agreement.
($0 cancellation)
Statement/Platform Fee
The platform fee is
$15 per month and comes with an online payment portal that gives you access to
a reporting dashboard, a virtual terminal and more.
Per Item (Transaction) Fee
The transaction fee
that is charged is the network cost. (on average $.05 to $.08 per item)
Batch Fee
There is no batch fee
($0.00) assessed for this type of account.
AVS (Address Verification Service) Fees
$.05 per item (this is optional and can be turned off and eliminated by request)
Medical Merchant Account FAQ’s
What is a medical merchant account?
It’s a specific type of merchant account that is tailored to suit the needs of a medical practice including the hardware, software and appropriate merchant account rates for a medical office.
What specific rates and fees will I pay for this account?
Merchant account fees
usually range from 1.50% to 3.50% of your monthly credit card volume. The
specific charges vary based on your company volume and other criteria.
Refer to the pricing section for more details.
How long does it take to get an account set up?
Generally a medical
practice can be approved for a merchant account within 24-48 hours at which
point your processing equipment (if applicable) will be shipped out to your
location.
How do I know what terminal/equipment is right for my business?
That is something we
help you determine based on the needs of your business. All you need to do is
fill out the application or the free consultation form and we’ll help you through the whole
process!
Is there a long term contract with an account?
No. There is only a
month to month agreement with all of our standard retail merchant
account. (Some of the retail cash discount programs that we offer require a
long term contract)
What kind of support is offered?
You’ll get direct
support with a dedicated EDataPay team lead who will manage your account and
help you through all issues you may encounter. You’ll also get access to
24-hour technical support.
We Are #1
US and International Merchant Account Provider!
At eDataPay, we’re experts with over 18 years of experience, providing turn key the technology set up on proprietary business software and smart business set up to Ignite smooth and fast Payments by eData Merchant services for large established business and start-up businesses. We have the perfect technology any small business need today to complete as or with the established organizations and Brands. Our success is built on our client’s success. Our consultants provide support to clients through consultations in specific areas and for specific requirements. We create for our clients’ long-term results that continually drive improvement and value.
We also help with early stages of a business and provide change management services for more established organizations, resulting in faster return on investment and value.
Our clients work with EdataPay without long-term contracts. Flexible consulting agreements and price plans are offered. Clients rely on EdataPay consultants as needed for specific tasks and projects.
Our management consulting services focus on our clients’ most critical issues and opportunities: sales, customer acquisitions, strategy, marketing, SEO, Social Media Management, Corporation Services, Content, operations, worldwide merchant processing, technology, transformation, advanced analytics, and sustainability across all industries and geographies. We bring deep, functional expertise, but are known for our holistic perspective: we capture value across boundaries and between the silos of any organization. We have proven a multiplier effect from optimizing the sum of the parts, not just the individual pieces.