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Implement Credit Card on File to Streamline Collections
Many practices use a credit card on file (CCOF) program to collect patient balances faster and eliminate the cost of sending statements. i3 Commerce Technology is the preferred provider of user-friendly software that makes the following possible:- Secure, offsite card on file software so patients do not have to produce payment at every visit
- Patient balance charges after insurance pays, improving cash flow by up to 120 days
- Deposit charges for procedures or surgeries, reducing the risk of no-shows
- Electronic payment plans
- Automatically charging no-show fees
- Automatically charging for monthly, quarterly or annual membership or Direct Primary Care fees
A Smarter Way to Process Payments
i3 Commerce Technology advises merchants to use the latest industry-specific technology, thereby efficiently processing credit cards at the best effective rate possible. With i3 Commerce Technology, your practice can:- Significantly reduce credit card processing rates
- Offer flexible transaction capabilities that cater to patient purchasing preferences
- Add patient portals and electronic payment acceptance functions with versatile eCommerce gateways
Additional Options and Services Include
- Trusted electronic networks for secure, compliant payment processing
- Hardware and software tools that integrate with your PMS system
- Virtual credit card machines that access payment systems in the cloud
- Mobile processing
- Credit card terminals with eCommerce software enhancement for digital shopping
- EFT/ACH payment systems that replaces paper checks with bank-to-bank transfers