The Lowest Healthcare and Wellness Payment Processing Fees Available on the Market
The Lowest Healthcare and Wellness Payment Processing Fees Available on the Market
On average, we save healthcare providers $1,293 per $100,000 processed.
Full HIPAA & Regulatory Compliance
Our platform is fully compliant with all HIPAA laws and other applicable regulations. If your practice is under any type of special regulation, we work to maintain full compliance, keep your patients’ data secure, and reduce your PCI scope.
Seamless Integration with Your EHR
Our technical support team seamlessly integrates MoneyBox with your existing healthcare practice management system to create a unified payment processing solution.
Chargeback and Fraud Protection
MoneyBox offers full chargeback and fraud protection for your practice.
Next-Day Funding & No Payment Holds
We deposit all funds into your account within one business day and do not hold your payments for any reason.
Insurance Claim Processing
We automatically verify eligibility and benefits (E&B) before patient treatment, eliminating insurance verification delays and ensuring a smooth payment process.
Recurring Billing & Payment Plans
We support all types of recurring billing/payment plan transactions.
Patient Portals
Each patient can log in to their own portal to view and pay bills online and manage their account.
24/7 Customer Support
Our customer support team is available for any emergencies 24 hours a day, 7 days per week.
Case Study: How We Saved a Medical Private Practice $40,000 per Month in Payment Processing Fees
Case Study: How We Saved a Medical Private Practice $40,000 per Month in Payment Processing Fees
When our client came to us, they were paying $90,000 per month in payment processing fees. By switching them to an interchange plus pricing model with MoneyBox, they are only paying $50,000 – that’s $40,000 in savings. For more information, contact us here.
Supporting a Wide Range of Payment Options
We offer a wide range of payment options, making payment easy for the patient and the practice. We support the following:
- Credit and debit card processing
- FHA/HSA transactions
- Apple Pay & Google Pay
- Cash and check tracking
- Payment plans, card on file, and online payments
No Hidden Costs or Fees
We guarantee, in writing, that there will be no hidden costs or fees. All pricing for each card network and transaction type is presented to you in writing, so you are never blindsided by extra fees.
No Hidden Costs or Fees
We guarantee, in writing, that there will be no hidden costs or fees. All pricing for each card network and transaction type is presented to you in writing, so you are never blindsided by extra fees.
How Interchange Plus Pricing Works
Our pricing model is called “interchange plus”, and we are the only healthcare-focused payment processor offering this pricing model. Each card network (Visa, Mastercard, etc.) charges an interchange rate, which is simply how much it costs for a transaction to occur on their network. Payment processors’ fees are higher than the interchange rates as they pay the interchange rate and keep what is left.
Companies charging a flat rate for all payment processing keep more profit for themselves if the interchange rate of the transaction is lower. At MoneyBox, we pass those savings along to you, the customer. We simply charge a small markup fee that is added to the rate charged by the card networks. See how it works:
| Card Network | Interchange Rate | Our Margin | Your Processing Fee |
|---|---|---|---|
| Visa Debit | 0.80% + 15¢ | 1.2% | 2.00% + 15¢ |
| Visa Credit | 1.51% + 10¢ | 1.2% | 2.71% + 10¢ |
| Mastercard Debit | 1.05% + 22¢ | 1.2% | 2.25% + 22¢ |
| Mastercard Credit | 1.65% + 10¢ | 1.2% | 2.85% + 10¢ |
Accepting Payments
We offer full integration with your healthcare practice management system, allowing you to accept payments:
Over the Phone
Accept payments over the phone and follow up on late installments to ensure you receive payments on time with our virtual terminal.
In Person
We install a payment terminal for in-person payments allowing you to accept all major credit cards and contactless payments and conduct FHA/FSA transactions.
Online
Allow patients to pay online with their debit or credit card with our secure payment gateways, view their statements, and manage their accounts.
We used advanced encryption technology to secure all patient and transaction data, safeguarding you against data breaches and cyber threats.
We used advanced encryption technology to secure all patient and transaction data, safeguarding you against data breaches and cyber threats.
Get a Payment Processing Quote
Fill out the information below, and we will give you a quote for payment processing and walk you through the process of transitioning onto our platform.
- No Contracts
- No Hidden Fees
- No Monthly Fees
- Rate Decreases Every 18-24 Months
Frequently Asked Questions
We utilize an “interchange plus” pricing model, which means we charge a small markup fee over the interchange rate set by card networks. This approach leads to lower overall fees compared to flat-rate pricing models.
We are fully compliant with HIPAA and PCI DSS regulations. Our security measures are among the best and we regularly audit our system to ensure patient and practice information is protected.
All funds will be deposited within one business day. We will never unexpectedly hold your payments.
Yes, our technical support team will work with you to seamlessly integrate MoneyBox into your existing healthcare practice management system.
We guarantee, in writing, that there will be no hidden costs or fees. Pricing for each card network and transaction type is presented upfront, so you will never be blindsided by extra fees.