In the alphabet soup that floats the credit card processing industry, the initials ACH stand for Automated Clearing House, a vast electronic network that connects banks, credit unions and all other financial institutions.
Both healthcare consumers and healthcare providers are in favor of new and improved payment options. As a full-service payment processor, TransFirst® applies our industry expertise to patient responsibility payment processing and anticipates and addresses the special needs of providers.
A few months ago I took a car service to the airport. The driver used a mobile payment system to collect his fee, and after he swiped my credit card he handed me his smartphone to complete the transaction. But before I could sign for it, the screen offered me the option of adding a tip in specific increments— 15, 20 or 25 percent.