RevSpring Merchant Services
A solution by RevSpring
Built into our payment solutions, RevSpring’s Merchant Services minimizes complexities and closes the loop on patient payments. It is an all-inclusive solution to accept, process, and reconcile payments that can scale to large complex healthcare systems as well as physician practices.
RevSpring Merchant Services ensures healthcare providers mitigate risk, maintain compliance, and enjoy cost savings when taking payments via credit/debit card, ACH and evolving alternative payment methods like Apple Pay, Google Pay and Venmo/PayPal. Backed by PCI validated devices, transparent processing rates, reliability and automated reconciliation, RevSpring Merchant Services is a single source provider that assures payments are secure and compliant
RevSpring’s Merchant Services eliminates the need for you to manage multiple processing relationships and transaction fees. As a multi-faceted payments organization, RevSpring is able to leverage its relationships to offer competitive processing rates, saving most providers between 5-10% on processing fees.
Our Settlement-Based Reconciliation tool automates reconciliation cutting your manual reconciliation time in half. The tool allows you to see the funding status of any payment that is taken through RevSpring’s portals, Text to Pay and IVR solutions. Providing uniform cut-off times gives you easy insight into which payments are included in each of your bank deposits and identifies any canceled payments, ACH returns, or chargebacks.
Solution Features
- Payment facilitator status
- Competitive processing fees with no additional gateway fees
- Fast funding
- Accepts credit/debit cards, ACH, HSA, Apple Pay, Google Pay and Venmo/PayPal
- Automated reconciliation tool with flexible reporting to better understand current and past transaction statuses
- Identifies canceled payments, ACH returns, invalid accounts or chargebacks
Secure payment devices sourced by leading device manufactures with EMV, swipe, digital wallet acceptance and PCI Validated Pont-to-Point Encryption solutions.
Learn More about Merchant Services
“RevSpring takes the guesswork out of reconciliation and makes me feel more confident”
– Revenue Cycle Manager, Memorial Health System
