Rising Fees Could Be Culprit As Fewer Doctors Accept Credit Cards
While credit card acceptance is making inroads in a slew of new markets like transit and parking, it turns out the plastic is losing ground among physicians.
Some 32.7% of doctors’ offices do not accept credit cards, up almost 4.5 percentage points from a year ago, according to a survey from SK&A Information Services Inc., a research firm specializing in health care.
Rising interchange rates may be to blame, according to Jack Schember, director of marketing for the Irvine, Calif.-based company, which surveyed physicians in April following its first survey in April of last year.
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