Click here to watch the video Managing medical payment collections can be a challenging task for healthcare practices. While co-pays are typically collected at the time of service, there are often outstanding amounts that patients need to pay after their insurance has been billed. These unpaid balances can be difficult to collect, especially with recent government regulations that prevent these fees from affecting credit reports.

Click here to watch the video Are you frustrated with slow cash flow from outstanding receivables? Is it hard to collect payments not covered by patients’ insurance? Practice Management Bridge is an interface to all Windows-based electronic health record systems that make it easy to collect payments before they become late. For example: Card on File: The bridge interface has a built-in agreement that gets

Click here to watch the video Are you paying too much for your credit card processing fees, but find it challenging to compare a new quote to your current processor? Do you want a comparison quote from an honest merchant services provider, you can trust from the beginning and through the life of your business? Do you want a local merchant services provider to give

Click here to watch the video Merchants are going to be fined if they get caught by Visa for adding a custom fee at the terminal to cover credit card processing fees. Timestamp: 00:00 – Zero Cost Processing 00:44 – New Rules 02:24 – Penalties 03:40 – What to do now Today, I want to talk to you about cash discounting and surcharging because Visa

Click here to watch the video When should you consider setting up your credit card processing with Square versus a Merchant Services Company? Generally, if your revenue from credit cards is $5000 or less, then it is cheaper to use Square.  If your business is more substantial, then you will probably want your own merchant account with a merchant services processor.  Why? Square is cheap

Click here to watch the video What is the application process for a cannabis dispensary to get set up with a PIN debit merchant account? Cannabis dispensaries cannot do credit cards. They’re not federally legal, but they can get a PIN debit merchant account. The process is a little bit more lengthy than for regular non-dispensary merchants who open a credit card processing merchant account,

Click here to watch the video How do you close a merchant account? Maybe you’re closing your shop. Or maybe you’re just switching credit card processors. But closing a merchant account is very similar to closing a bank account. I’m Gingergaye with Electronic Money Company. You can’t just call up the processor and say, “Hey, I’m closing my account”. They want to see the signature

Click here to watch the video Gingergaye here with Electronic Money Company. Let’s talk today about what’s the process is to get an application for credit card processing. First of all, the application has to be signed by the owner or an officer of the company and if there are multiple owners, anybody owning 25% or more has to sign that application. What kind of

Click here to watch the video Standard Operating Procedures Reconciling Credit Card Transactions Credit Card Terminals print out a receipt for the customer and a merchant copy with a signature line for the customer to sign.  The merchant is encouraged to save every signed receipt.  Most merchants put them in the cash drawer until the end of the shift or day. At the end of

Click here to watch the video Today I want to talk to you about the requirements needed in order to open up a merchant account for true PIN debit payment processing. True PIN debit is fully legal and compliant. Just like cash, the debit card cannot be charged back. The requirements to open a merchant account are very similar to the requirements for opening a