RTP
(real time payments)
instant payments
Zelle
virtual cards
credit and debit
reloadable cards
non-reloadable cards
ach
same day
direct deposit
cross border
private network
Putting our
Technology
to Work
Transcard assists leading pharmaceutical companies, health insurance companies and other healthcare providers in finding the right technology solutions.
Rebate
Administration
to Pharmacies or
Providers
Patients can receive financial rebates for pharmaceutical prescriptions, credited to the patient’s account at the time of check-out. The application delivers specific dollar value to the pharmacies or providers on behalf of the patients, lowering costs and streamlining the administration and delivery.
Rebate
Administration
to Patients
Patients can be paid directly for certain rebates through direct deposit to their bank account or instant payments, like Mastercard Send, to their debit card. In both instances, funds are delivered in seconds. Patients have a better customer experience and unclaimed rebates and escheatment are eliminated.
Accounts
Payable
Doctor’s offices and hospitals can move away from costly check disbursements and optimize payables through our accounts payable solution that supports multiple payment types, provides direct ERP integration and improves working capital.
Accounts
Receivables
Third party administrators can receive invoice payments, commissions and claims through our accounts receivable solution. Patients have a simple, easy-to-use online experience to review bills and can make timely payments.
Co-Pay
Debit Cards
Patients can receive co-pay debit cards to assist with some or all the co-payment amount for pharmaceutical prescriptions. The physical cards may be presented at check-out by patients or virtual cards may be held on file at the pharmacies. These cards have restricted acceptance at authorized pharmacies and ensure compliance to program rules.
BNY Mellon and Transcard teamed up for a
webinar on the future of digital payments,
including Real-time Payments (RTP).
