ALTO GLOBAL PROCESSING: mPay Gateway and MasterCard to Accelerate Healthcare Payments

mPay Gateway announced that it has entered into an agreement with MasterCard to expand MasterCard acceptance through support of mPay Gateway’s point-of-care payment system.

“Patient payments are the fastest growing portion of healthcare providers’ revenue streams, but they traditionally have one of the lowest collection rates,” said Brian Beutner, chief executive officer of mPay Gateway. “Working with MasterCard, our technology is addressing inefficiencies in the patient payment process to streamline transactions and increase payment transparency so that providers can improve cash flow and better align with their patient’s payment preferences.”

Source: http://www.paymentsnews.com/2011/09/mpay-gateway-and-mastercard-take-steps-to-accelerate-healthcare-payments.html

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ALTO GLOBAL PROCESSING: Silicon Valley Bank Introduces International Online Payment Service

Silicon Valley Bank (SVB) has announced a new service that will allow its clients to accept 85 different online payment types from their customers globally.

“Our tech-focused clients are selling internationally, even at their earliest stages, so we make every effort to make it easy for them to operate globally,” said Pradeep T. Moudgal, Head of Global Cards and Merchant Services, Silicon Valley Bank. “Our clients will find our new payments service is extremely convenient, giving them the ability to deposit funds of any major currency directly into their SVB multi-currency or in-country accounts.”

SVB’s card processing services are provided through Merchant e-Solutions and Adyen, its international card processing partner.

Source: http://www.paymentsnews.com/2011/08/silicon-valley-bank-introduces-international-online-payment-service.html

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