Payoneer's Prepaid MasterCard solution offers a streamlined, cost-effective method for the management and reimbursement of patient stipend payments covering travel and meal related-expenses associated with clinical trial participation.
Payoneer offers contract research organizations, investigators, research sites, and sponsor organizations, an easy, fast, cost-effective solution for delivering payments to patients participating in clinical trials around the world.
Replacing paper checks and cash-based incentive payments with Payoneer’s prepaid Patient Stipend card improves patient recruiting and retention, significantly reduces operating costs, and increases accountability.
Partners like it because:
Cost-savings: less expensive than cutting and mailing checks, single card can be reloaded for long-term studies with multiple stipend payments
Efficiency: completely outsourced, fully-hosted payments solution eliminates payments administration headache or misuse of storing cash on-site, can even be integrated with CTMS or EDC systems to trigger payments automatically
Audit Control: web-based reports and administrative hierarchy provide full transparency on payments activity and history, on a site or program-wide basis.
Patients like it because:
Instant gratification: they can begin spending their stipend immediately, no waiting for checks in the mail
Universal acceptance: can spend stipend at over 26 million MasterCard merchants or withdraw cash at an ATM
Convenience: no bureaucratic hassle, no check cashing fees or special trips to the bank
Payoneer can streamline CRA payments, coordinator incentives, and expedite overseas investigator grant payments. To learn more about how Payoneer can make your payments more efficient,
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Secure, fast and cost effective mass payouts to recipients around the world. Receive a tailored payout solution from one of our sales directors.
Get paid directly to your globally accepted prepaid debit MasterCard.
The Payoneer Prepaid MasterCard is issued by First Bank of Delaware, Member FDIC, pursuant to a license from MasterCard International Incorporated.
