TSYS Offers New Products To Health Care Industry

By TSYS Acquiring Solutions

Published March 26, 2009, 1:00 a.m. EDT

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Updated March 26, 2009, 12:00 a.m. EDT

1 Min Read

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Total System Services Inc.'s acquiring unit, TSYS Acquiring Solutions, is offering point-of-sale payment products and services from mPay Gateway Inc. and Nova Libra Inc. to the health care industry, the company announced today. Minneapolis-based MPay Gateway enables providers to calculate the patient's portion of medical fees while the patient is still at the office, giving medical providers the ability to collect payment immediately. Chicago-based Nova Libra provides an inventory information-approval system, which the Internal Revenue Service says most pharmacies and drug stores that accept payments from cards linked to flexible spending accounts and health care reimbursement accounts must use by June 30. The products and services offered through these partnerships "enable the health care industry to comply with government regulations, improve efficiencies, enhance business processes and reduce expenses," Robert J. Philbin, TSYS Acquiring Solutions president, said in a press release.

TSYS Acquiring Solutions

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