Medical Office Merchant Account
Accept payments at your medical practice with custom software, apps and websites
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)
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
Track Daily Volume
3rd Party Gateway Connection
Real Time Transaction Reporting
P2PE with Patented Tokenization
Secure Customer Profiles for Billing
Multi-User Virtual Terminal Access
Free Mobile App (iOS & Android)
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 60bps 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
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)
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.
Is there a long term contract with an account?
What kind of support is offered?
You’ll get direct support with a dedicated BancardSales 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.
Are You Ready to Start Accepting Payments?
Talk with one of our specialists about your needs so we can get started right away in helping you boost your business's sales through a merchant account or payment processing system.