HSAs and FSAs With PAYARC

Are you an agent looking to place a dentist or doctor who accepts HSAs and FSAs? Here's how PAYARC can help!

If you’re a doctor or a merchant that sells medical equipment or supplies, you probably have to consider that patients and customers may want to use an HSA (Health Savings Account) or FSA (Flexible Savings Account) to pay. Perhaps you’ve been considering switching to PayArc,but aren’t sure if you will still be able to accept these forms of payments.Good news—you will! If your practice or business falls under one of the following MCCs, you will be able to accept HSA and FSA.

  • 4119 –Ambulance Services
  • 5975– Hearing Aids – Sales, Service, and Supply Stores
  • 5976 – Orthopedic Goods, Prosthetic Devices
  • 7277– Counseling Service – Debt, Marriage, Personal
  • 8011– Doctors and Physicians (Not Elsewhere Classified)
  • 8021– Dentists and Orthodontists
  • 8031– Osteopaths
  • 8041– Chiropractors
  • 8042– Optometrists and Ophthalmologists
  • 8043– Opticians, Opticians Goods and Eyeglasses
  • 8049– Podiatrists and Chiropodists
  • 8050– Nursing and Personal Care Facilities
  • 8062– Hospitals
  • 8071– Medical and Dental Laboratories
  • 8099– Medical Services and Health Practitioners (Not Elsewhere Classified)

Midigator: Simplify Your Payment Disputes

Chargebacks are a huge problem that face merchants today. The incidence of friendly fraud is around 23% of all fraud claims, so disputing chargebacks can be a big benefit to your business. There are several services designed to help merchants manage their chargebacks, including Midigator: a user-friendly, effective software with many features to make disputes easy to keep track of. If you’re concerned about how chargebacks are affecting your business, consider monitoring them using Midigator.  

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