Debit Card

Benefits Debit Card

Healthcare benefits administration needs an all-in-one payment solution that can help participants easily access their funds and help employers incentivize group plan enrollment. Third party administrators need a solution to keep them competitive, attract new clients, prevent benefit fraud, and reduce time and money spent processing paper claims.

DataPath’s mySourceCard® is our proprietary debit card that can link to any account-based employer benefit package and offers a stacked benefit environment that allows portability between benefits. Employees can access their funds in Flexible Spending Accounts, Cafeteria Plans, Dependent Care Assistance Plans, Health Reimbursement Arrangements, Health Savings Accounts, and Transit Accounts.

DataPath’s mySourceCard uses our completely integrated, single-vendor platform for card issuance and authorization logic. We are an end-to-end card processor, and every related function stays in house, including customer service and technical support.

Benefits for TPAs

  • Create, issue, and administer debit cards
  • Increase auto-substantiation rates
  • Boost life count through increased participation within existing groups
  • Reduce time spent entering paper claims
  • Feel secure with an MCC-restricted and IIAS-integrated debit card that helps prevent benefit fraud

Benefits for Employers

  • Increase participation in group plans
  • Increase employee contributions to tax-advantaged accounts and associated employer FICA savings
  • Give employees instant access to plan dollars

Benefits for Employees/Participants

  • Reduce the need to submit paper claims for expenses
  • Upload receipt images with online claims and by mobile app
  • Get instant reimbursement for goods and services at the point of sale