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RepayMe's real-time debit card provides participants with immediate access to their account funds
With the RepayMe 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 unique in the industry. The RepayMe Card is integrated into the RepayMe platform and provides a real-time interface to the debit card vendor. Cards are issued faster, and contributions are loaded onto the card sooner-keeping the card fully funded.
The RepayMe Card is ideal for practically any size administrator, as there are decreased card commitments. You can offer a great benefit to your participants regardless if there are hundreds of participants or thousands.
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. |
