CHICAGO, IL, May 19, 2003 – Moneris Solutions, one of North America’s largest electronic transaction processors, today announced an exclusive credit card processing agreement with Ophthalworld.com, the No. 1 worldwide ophthalmology portal. Under this agreement, Opthalworld.com members can obtain a merchant account from Moneris Solutions to accept credit card payments from their patients.
“Although healthcare organizations recognize the potential benefits associated with credit card acceptance, many smaller organizations are hesitant to integrate such technology into their existing billing practices because of the perceived complexity and costs,” said Larry C. Wine, president, U.S. group of Moneris Solutions Inc.
“We are pleased to be collaborating with Opthalworld.com to offer a simple, affordable solution designed to meet the specific needs of ophthalmology practitioners, their patients, and their equipment suppliers. Our agreement with Opthalworld.com highlights our ongoing commitment to fulfilling the unique transaction processing needs of distinct vertical market segments, including the healthcare community,” Wine said.
Opthalworld.com provides many valuable resources to the vision care community, including information on ophthalmic inventions, events, products, and services. For example, an eye care professional looking for a specific product can access the portal to identify the appropriate manufacturers or distributors or generate an inquiry to meet their specific requirements. Now new and existing Opthalworld.com members can use Moneris Solutions hardware, proprietary software and service/support to add credit card processing capabilities to their existing billing and payment practices.
“As part of our ongoing effort to extend services to our member community, Opthalworld.com teamed up with Moneris Solutions to offer an incredible merchant services solution,” said Venkat Ravilla, CEO of Ophthalworld.com. “Now our portal users can take advantage of Moneris’ unique small business payment processing services. In additional to enhanced patient satisfaction and convenience, credit card payments can help speed up the payment cycle, leading to improved cash flow and decreased billing overhead.”
More information on the new payment processing solutions for opthalworld.com members can be found at a special website: www.monerischargeit.com/reseller/opthalworld.asp.
About Opthalworld.com
Ophthalworld.com is a pioneer with the vision of introducing a portal web site for ophthalmic community around the globe. The portal is designed to benefit every one dealing with vision care services, and products. Ophthalworld.com provides on-line information on products and services available pertaining to Vision Healthcare and allows the Vision care Professionals to share and exchange information. The combined presence of all the vision care resources on one site provides a very dynamic and exciting environment for the people in Vision care Industry. Opthalworld.com is based in Hoffman Estates, IL. For more information on Opthalworld.com, visit http://www.opthalworld.com.
About Moneris Solutions
Moneris Solutions ( www.monerisusa.com) has a 30-year history as one of North America’s largest electronic transaction processors, delivering advanced payment card processing capabilities through point-of-sale hardware, payment processing software, e-commerce solutions and a gift and loyalty program. Moneris provides transaction-processing services nationwide through numerous agent banks and serves the small to medium-sized business market through direct sales and strategic partnerships. A joint investment of the Royal Bank of Canada and the Bank of Montreal, which have assets in excess of $700 billion, Moneris Solutions serves more than 330,000 North American merchant locations and has a staff of over 1,100 employees. U.S. headquarters are located outside of Chicago, IL.
| Marcie Cheney 202-296-2002 x103 mcheney@environics-usa.com |