Merchant Processing
- In addition to providing a national healthcare transaction network for routine wellness and preventive care services, HealthTransaction Network® is able to provide merchant services for its participating healthcare providers
- Merchant processing is delivered through a strategic partnership with Fifth Third Bank
- In the often confusing world of merchant processing and associated fee structures, HealthTransaction Network®, through Fifth Third Bank, generally has more competitive pricing because of the following:
- 1. Fifth Third Bank is one of the country's largest banks
- 2. Direct relationship with Visa and MasterCard, no third party intermediary
- 3. Ownership of the processing system and the settlement system
- a. This may eliminate many if not all of the current expenses being incurred
TERMINAL DEVICE:
- Hypercom T4220
- 1. The most capable IP and dial terminal currently available
- 2. Provides high levels of performance along with unmatched security
- 3. PCI PED approved
WHY HealthTransaction Network® MERCHANT PROCESSING?
- HTN makes the sign-up for new customers extremely easy
- Healthcare providers will find that our discount rates are much lower than other vendors in the market
- There are no additional transaction fees above the discount rate
- HTN makes the switch from your current vendor to our system a seamless transition
- Switching to the T4220 will allow providers to participate in the nationwide network without the addition of new hardware - T4220 processes debit cards and credit cards, and, HTN provider and small business cards