Provider Options
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Standard mB Merchant
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Services
This option provides your practice with the ability to submit full claims for payment to both Edcon and mediBucks via your existing PMS. It does not cater for the submission of medical scheme “short-payments” or practice “co-payments”.
Once-off activation fee of R400
Monthly mediBucks merchant fee of R80
10% Financing Cost
2.5% Transaction Fee
* Payments receivable include Edcon credit and mB savings and funds – Full claims and once-off payments only.
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Full Spectrum mB Merchant
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Services
This option provides your practice with the Standard mediBucks option PLUS a portal functionality which enables you to submit “co-payments” and medical scheme “short-payments” for settlement to both Edcon and mediBucks.
This option requires the merchant to open a mediBucks merchant account in the name of the practice to allow secure portal access and the ability to receive real-time payment confirmation as well as real-time settlements.
Once-off activation fee of R600
Monthly mediBucks merchant fee of R160
10% Financing Cost
2.5% Transaction Fee
* Payments receivable include Edcon credit, mB savings and funds – Full claims and once-off payments, co-payments and short-payments.
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Full Spectrum mB Merchant (with EDO)
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Services
As a Full Spectrum mB merchant with Early Debit Order (EDO) functionality you have the ability to load debit order instructions via the mediBucks portal..
The debit order can be loaded against any commercial bank account of a patient that agrees to pay outstanding amounts either once-off at a future date or as equal instalments over 3 or 6 months.
The Full Spectrum mB merchant fees apply
Additional monthly merchant fee of R90
4% transaction fee, subject to a minimum fee of R14 per transaction
The 10% finance and 2,5% transaction fees do not apply to debit order collections.
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Standard mB Merchant
Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.
Services
This option provides your practice with the ability to submit full claims for payment to both Edcon and mediBucks via your existing PMS. It does not cater for the submission of medical scheme “short-payments” or practice “co-payments”.
Once-off activation fee of R400
Monthly mediBucks merchant fee of R80
10% Financing Cost
2.5% Transaction Fee
* Payments receivable include Edcon credit and mB savings and funds – Full claims and once-off payments only.
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