MTFX Group expands into healthcare payments

Thursday 5 March 2020 10:49 CET | News

MTFX Group, a provider of currency exchange solutions with offices in the US and Canada, has expanded its payments technology into the international healthcare sector with the launch of a new vertical, reports Electronic Payments International.

Dubbed PayMyMedicalCare (PMMC), the new vertical is aimed at addressing the friction currently prevalent within the international healthcare payments space. 

MTFX has flagged several challenges in the healthcare payments sector such as limited acceptance of payment methods as well as mistrust in the billing system. 

The company also feels that the present healthcare payment space is bogged down by manual methods, supplier’s system of records and billing cycle issues. 

According to the company, its new solution will offer North America healthcare partners data transparency and speed to market.

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Keywords: MTFX Group, healthcare, payments , payment methods
Categories: Payments & Commerce
Countries: Canada, United States
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Payments & Commerce

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