Smart payments platform Plastiq is partnering with patient payment app PayGround to offer people a single-app solution to manage and pay all their healthcare bills, even to multiple medical providers.
“The pandemic highlighted the need for a massive payment evolution in the healthcare industry,” Stoyan Kenderov, Plastiq chief product and technology officer, said in a press release emailed to PYMNTS on Wednesday (Dec. 8).
“PayGround is helping to usher in that evolution by allowing patients to see, understand, manage and pay all of their healthcare bills in one place. Together, we seek to ease the stress that healthcare bills can often bring for patients and their loved ones,” Kenderov said.
See also: US Consumers Forgo Medical Treatments Over Lack of Healthcare Payments Options
Using APIs, PayGround seamlessly integrates with Plastiq’s payment functionality and gives patients the ability to create a digital wallet and make payments using their preferred method: credit card, HSA, FSA or a linked bank account. Everything is handled from the PayGround app.
Plastiq Connect is a set of APIs that facilitates the integration of Plastiq’s payment capabilities to their product. Business clients using Plastiq Connect can enable card and bank transfers to make payments to suppliers, even if the supplier doesn’t take cards. Card payments can also be accepted from customers using the app, sidestepping merchant fees.
Read more: Data Brief: 63% Of Consumers Want Medical Payment Plans Offered For All Visits
“PayGround is bringing humanity back to health care payments by making it simple for families to pay their medical bills, so they can focus more of their time and energy on what really matters,” said Drew Mercer, CEO and co-founder of PayGround. “Integrating to Plastiq Connect further complements our pursuit to help patients receive the healthcare they need, while allowing them to pay how they want and when they want.”
Since launching in 2012, Plastiq has fueled payments for over 150,000 businesses of all sizes across multiple verticals — eCommerce, technology, manufacturing, logistics, construction and others.
Founded in 2018, PayGround has developed a marketplace that enables patients to store multiple payment methods and easily submit payments to medical providers. The company serves over 200 healthcare facilities in the U.S.