Clinical Trial Payments

Managing and reimbursing patient stipends for clinical trials can be time consuming and costly. When paid via bank checks, patients have to wait for checks in the mail, must visit the bank for payment and might incur check cashing fees.

Payoneer’s Patient Stipend Prepaid MasterCard^® completely outsources and fully-hosts the payment solution. The stipend disbursement card eliminates the need for cash storage on-site, provides online audit control and reporting and can be integrated with CTMS or EDC systems to trigger payments automatically. Funds become available immediately on the Patient Stipend prepaid card with a minimal load fee. The recipient may use the prepaid MasterCard card everywhere Debit MasterCard is accepted at Point-of-Sale or online, free of charge, and may withdraw funds in local currency at an ATM for a nominal charge. The immediate patient reimbursement improves patient recruiting and retention.

The turn-key, safe, efficient and cost-savings clinical trial payments solution is an alternative for delivering payments to patients participating in clinical trials around the world. For further information go to Payout Solutions for Clinical Trials. To receive a customized offer, please contact Payoneer at sales@payoneer.com