Healthcare

How Healthcare Benefits from Crypto Adoption & Scale up the Business

Royal Healthcare Medical Centre is the first medical centre in Singapore to provide crypto payments for its customers.

10 Apr 2023 2 mins Read

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Royal Square Medical Centre 101 Irrawaddy Road, Level 7 and 8 Singapore 329565

Royal Healthcare Medical Centre is the first medical centre in Singapore to provide crypto payments for its customers.


Introduction

As healthcare costs are rising, healthcare providers are looking into alternative payment solutions to reduce the high transaction fees. Compared with credit card payments, crypto payments have faster settlement cycles and are cheaper due to lower transaction costs. 

Royal Healthcare Medical Centre is the first medical centre in Singapore to provide crypto payments for its customers. The new service will allow customers that own cryptocurrency to make payments by simply scanning a QR code thru our POS+ device at checkout.

 

“We’re delighted to partner with dtcpay as we see a demand for crypto payments from our clients and we’re happy with dtcpay’s capabilities to help us simplify the process for crypto payments and reduce the cost of transaction fees by using the POS+ terminal. We’re looking forward to being able to use the POS+ terminal for more payment options.”,

Kenneth Yeo

Business Development Manager of Royal Healthcare

The customers are able to make payments with their preferred cryptocurrencies such as Bitcoin, Ethereum, Tether USDT and USDC. The POS+ device will automatically provide conversion rates between fiat and cryptocurrencies and enable a secure and seamless transaction experience, powered by blockchain technology.

 

Read Royal Healthcare Appoints dtcpay as a Crypto Payment Innovation Partner

Summary

The integration of cryptocurrency payments in the healthcare signifies a significant advancement for the healthcare sector. As technological advancements continue to emerge, incorporating alternative payment methods like crypto payments will become progressively crucial. By embracing these modern payment solutions, healthcare providers can enhance patients’ accessibility and convenience, while simultaneously expanding their practices.

 

 

Before dtcpay

  • Limited digital payment options
  • High transaction fees
  • Incapabilities to provide crypto payments
  • Fraudulent chargebacks occur

After dtcpay

  • Faster and cheaper transactions
  • Provide more payment options for patients
  • Zero chargeback for crypto payments
  • Low FX risks for different payment options

Contact

Royal Square Medical Centre 101 Irrawaddy Road, Level 7 and 8 Singapore 329565