ModMed® Pay Funding Statement Descriptor Update

On Monday, November 7, 2022, ModMed® Pay will complete an update to the statement descriptor that you see in your bank account when receiving payouts/funding from Modernizing Medicine.  Please note: This update will not change what patients see in their bank account for payments made to the practice.  Currently, funding deposits read as the following statement descriptor: ModMed Payout TX…XT…

Tags: