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RepayMe's Real-Time Debit Card Integration provides administrators with CHOICE of Industry Leaders (MBI,
RepayMe/FDR, Benny, Smartflex) and provides participants with immediate access to their account funds
The RepayMe Card is unique in the industry. The RepayMe Card is integrated into the RepayMe platform and provides a real-time interface to the administrator's choice of debit card vendor (Metavante,
First
Data, Evolution and Motivano). Cards are issued faster, and contributions are loaded onto the card sooner-keeping the card fully funded.
With the RepayMe Debit Card, participants can use their Reimbursement Account funds at the point of service, instead of having to submit a claim to get reimbursed. This eliminates participant out-of-pocket expenses.
The RepayMe Card is ideal for practically any size administrator, as there are reduced card issuance requirements. You can offer a great benefit regardless if there are one hundred participants or ten thousand.
Benefits of a real-time integrated debit card:
- Enter changes into RepayMe, and they're automatically sent to the debit card vendor, immediately. No delays waiting for nightly batch processing!
- Debit card purchases automatically appear in RepayMe.
- Manual claims are approved by the debit card vendor in real-time, as they are entered. No delays waiting for nightly batch processing. Manual claims can be reimbursed faster.
- Contributions are loaded real-time; the card stays fully funded. Participants don't have to wait until the next business day to use their card.
- You have more time to focus on your business-you're not spending valuable time sending data or receiving purchase information from the debit card vendor.
The RepayMe Card also offers Co-pay Matching Rules-automatically adjudicates claims and eliminates the need for receipts.
With our co-branding program, you can place your company name and logo on the RepayMe card.
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