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Accepting credit card payments is convenient for patients but can get expensive for businesses, since they owe transaction fees to the credit card company. By billing insurers directly, providers receive lower payments by credit card and therefore owe less to the credit card companies. And that's a win for everyone.
Direct Billing is an arrangement whereby guest charges are transferred to an Accounts Receivable account for payment. Typically, when a guest uses direct billing, an invoice is sent directly to the guest's company or other sponsoring organization.
Direct billing is an arrangement between a health insurance provider and a doctor (or other medical facility), where the doctor sends bills for services directly to your health insurance company. This means that you do not have to put in a separate claim with your insurance company.
Direct Billing is an arrangement whereby guest charges are transferred to an Accounts Receivable account for payment. Typically, when a guest uses direct billing, an invoice is sent directly to the guest's company or other sponsoring organization.
Direct Payment is the electronic transfer of funds to make payments \u2013 whether sending or receiving. Direct Payment allows consumers to pay their bills or tuition, donate to a favorite charity, make a purchase, or send money to a friend or family member electronically from a checking or savings account.
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Direct billing is an arrangement between a health insurance provider and a doctor (or other medical facility), where the doctor sends bills for services directly to your health insurance company. This means that you do not have to put in a separate claim with your insurance company.
Direct payment is an automatic process, and once you set it up with a company, your payment will automatically be deducted each month. The types of bills people will often pay using direct payment: Mortgage or rent. Car payments. Loan payments.
Accepting credit card payments is convenient for patients but can get expensive for businesses, since they owe transaction fees to the credit card company. By billing insurers directly, providers receive lower payments by credit card and therefore owe less to the credit card companies. And that's a win for everyone.
Direct vs. agency bill. Direct bill and agency bill are exactly what you might think: Direct bill is when the surety company bills the client; agency bill is when you bill the client.
With direct bill, you get your commission after the surety has received the premiums. Sureties usually make commission payments on a monthly or quarterly basis. (Old Republic Surety pays monthly). With agency bill, you're paid your commission upfront, upon your receipt of payment from the client.

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