Terminal and Web Portal Payment Processing for Healthcare Transactions
Product: MedCom System
Company: MedCom USA Inc. and Abanco International LLC
MedCom USA Inc., a provider of HIPPA-compliant, healthcare transaction solutions, has joined forces with payment processor Abanco International LLC to expand sales coverage of its MedCom System to the ISO network.
The MedCom System is a point of service terminal-based transaction package and compatible Web portal for medical and dental professionals and healthcare institutions. The system uses Hypercom Corp.'s T7Plus payment device. As part of its partnership with Abanco, MedCom will create a user interface for its Web payment portal to Abanco's secure Internet protocol payment gateway to enable efficient processing for Abanco's healthcare merchants.
MedCom System's processing capabilities include health insurance benefit eligibility verification, electronic referrals, claim status, co-pay management and accounts receivable financing.
The Patient Easy Pay feature allows billers to capture patients' signatures on file and automatically bill them after the proper paperwork is completed. This feature enables patients to make recurring payments for large medical or dental bills.
Payment processing is available for all four major credit card brands and the following nonbank debit cards: American Express Co., Discover Financial Services, Diners Club International Ltd. and JCB. A check reader connected to the terminal supports MedCom's check conversion/guarantee service. The system also generates a wide variety of reports including audit information for each credit card transaction, a summary of all card transactions for a given period as well as pending and completed Easy Pay payments.
Abanco International LLC
www.abanco.com
MedCom USA Inc.
800-327-6537
www.medcomusa.com
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