Fit Small Business: Get Your Business Into Shape! › Forums › Ask a Question › Who processes ‘debit cards’ transactions for FSA accounts › Reply To: Who processes ‘debit cards’ transactions for FSA accounts
FSA cards are like debit cards but can only be used for approved healthcare expenditures. Like any other credit/debit transaction, you are charged a processing fee.
There are many payment processors that support FSA payments, and yes, they do require more information tracking than a standard transaction. Billing Tree is a payment processor that supports FSA payment cards, plus offers payment solutions specifically designed for healthcare providers. You can learn more about how Billing Tree’s FSA processing works here.
I hope this helps you find the specific answers you’re looking for. Good luck!