INNOVATIVE FINANCIAL SOLUTIONS
Physical, mental and financial wellness is imperative. Increasing out-of-pocket healthcare expenses for consumers has created a demand for innovative financing solutions.
Introducing our Vytal Access platform, revolutionizing the healthcare payment ecosystem.
We simplify the payment process by seamlessly connecting patients, credit union members, medical providers, and credit unions.
Revolutionizing Wellness
With Vytal Access,
Your members benefit from improved access to care and financial management of healthcare expenses with tools to organize and potentially finance healthcare expenses.
Your members receive an opportunity for savings on healthcare and wellness-related costs.
Your team can engage at the intersection of their financial and physical well-being.
Relief of financial and operational burdens for healthcare providers allowing them to introduce patients to a streamlined payment solution.
Credit unions receive an introduction to healthcare providers as a financial and business partner.
Our hyper-focused financing platform solves medical provider challenges, and most importantly protects credit union members’ financial well-being with improved affordability by offering better underwriting and insights with integrated AI technology.
Freedom To Control Medical Decisions
The PayCard
At the heart of this system is our featured payment tool, The PayCard, a nationally branded credit card designed to smoothly handle all aspects of managing and paying for medical and veterinary expenses. It was created to attract and retain credit union members with a solution to better access healthcare, because our mental and physical health is imperative.
The PayCard is a unique product that enables credit union members to take greater responsibility for their direction of care while allowing medical providers to be paid in full at the time of service enabling them to offer their services at a discounted cost.
By facilitating coverage for healthcare needs through insurance, employee benefits, or government assistance, The PayCard provides patients with a line of credit that can be used across a wide network of medical providers. This innovative approach ensures they receive the care they need for themselves, loved ones and even their pets.
There’s a reason your members trust their financial well-being with your institution – their needs come first.
Medical providers and credit unions introduce The PayCard to members who need a simple, affordable way to manage healthcare costs. The health-centered credit card can be offered by doctors to their patients at the time of service and applicants would be directed to a participating credit union for membership qualifications. It’s a win-win.
It’s simple, and that was intentional. Members apply for The PayCard, and can start to pay healthcare and veterinary expenses immediately with their digital card.
Cardholder Benefits
There’s a reason your members trust their financial well-being with your institution – their needs come first. The PayCard was designed with your members in mind too by providing freedom to control their medical decisions.
Cash back rewards
Revolving credit line to offset gap in insurance coverage
Accepted anywhere for medical services, veterinary care and medical equipment
Digital card issued for immediate use (physical card follows)
Credit union-friendly interest rate (lower than card industry average)
HSA Compatible
Ability to negotiate “cash” price with medical provider
Approval within seconds with digital card issued for immediate use (physical card follows)
Financial wellness with budget counseling
Prescription savings program
Advocacy related to medical billing
Accidental medical expense and accidental death benefits
Frequently Asked Questions
A: The credit card is available to members of participating credit unions to apply. Non-members can qualify by applying for credit union membership alongside their card application.
A: The credit card is accepted anywhere Visa is honored for healthcare-related expenses, including medical, dental, veterinary, and prescription services.
A: Lower interest rates. Restricted usage to healthcare-related expenses for better financial control. Unique rewards and benefits not available with general credit cards.
