High Risk Merchant Accounts for Telemedicine

Telemedicine has improved the health of many without the hassle of a physical doctor’s office. Revitpay provides high risk merchant payment processing for telemedicine businesses with fast approvals. Continue to serve your patients without worrying about taking payments.

Revitpay offers telemedicine merchants with:

• Recurring Payment Support
• PCI & Website Compliance
• Personal Customer Service

• Fraud Prevention
• Chargeback Mitigation
• And More…

https://www.revitpay.com/wp-content/uploads/2021/12/telemedicine-merchant-services.pngTypes of Telemedicine and Virtual Healthcare

Revitpay works with all forms of virtual healthcare.

Telehealth
Urgent Care Telehealth
Telepsychiatry
Teledentistry
Telenursing
Telepharmacy
Telerehabilitation

Whether your team is made of doctors or prescribe prescriptions, our team is ready to support you.

Challenges of Telemedicine Businesses

Telemedicine is an emerging industry that is popular for its convenience. However, its recent development makes it a high risk industry to merchant account providers.

Virtual healthcare and telemedicine come with limitations. Many patients may feel like they did not receive the quality of care that they expected. They may claim that a diagnosis they received was inaccurate and file a dispute.

Revitpay makes it easy to keep track of customer disputes. Our chargeback alerts system will let you know of an unsatisfied client so that your team can resolve the issue.Devices and the internet don’t always work perfectly. Unexpected interruptions may lead patients unsatisfied. Additionally, ePrescribing is another way delays can affect the customer experience. This uncertainty deters most banks from working with telemedicine companies.Various insurance regulations can cause confusion as to how much a patient pays for telemedicine services. Not all forms of telemedicine are widely covered by insurance. This can make paying for these services unpredictable.Many telemedicine services use recurring payment programs for their clients to access doctors easily. Subscription services inherently make businesses high risk.

Revitpay supports recurring payments with the right technology to ensure chargebacks are not incurred.

The Best Merchant Account for Telemedicine Businesses

Telemedicine merchants need specialized help that will streamline their business operations. Here is what RevitPay offers businesses.

Bank Partners

Revitpay has more than two dozen compliant bank partners that specialize in providing high risk merchant accounts, and some specific to telemedicine businesses. With us, there’s no need to hunt down a bank – we have that covered for you.

Chargeback Alerts

Fraud detection algorithms will notify merchants when a client files a dispute against them. These disputes become chargeback if they remain unsolved. The chargeback alerts will let you know a few days before a chargeback can be processed so that you can solve the issue with the customer.

Fraud Protection

We provide all of your fraud protection and prevention strategies, including complimentary fraud screenings. We do our best to reduce your chargeback rate to as low as 1% and continue to mitigate your business’s risk.

ACH & eCheck Processing

Provide your clients with additional payment options beyond credit cards. Revitpay offers ACH and eCheck processing, which offers lower interchange fees and security.

Recurring Payments Support

Providing clients with subscription services is easier than ever with Revitpay’s payment gateways. Offer a hands-free experience with a one-time process that secures your customers’ information without hassle.

We Have What You Need

Revitpay can get you fast approval for a merchant account, regardless of your risk level. Our tools and services keep up-to-date with industries so that we can keep your business at the top of its game.