Accepting HSA/FSA Funds

Doulado, in conjunction with our payments processor Stripe, does not restrict the use of any particular cards. Clients are free to use a variety of payment methods to make their transactions seamless.

HSA and FSA Card Restrictions:

It's important to note that HSA and FSA cards might have restrictions imposed by the issuing bank or program. These restrictions can limit the cards to work only with specific merchant types.

Merchant Category Codes (MCC):

Merchant category codes (MCCs) are four-digit numbers that credit card issuers use to classify individual purchases according the type of merchant where they were made. Merchant types are determined by the Merchant Category Code (MCC) assigned to your business. When setting up payments, doulas can choose the MCC that best fits their practice. However, Doulado does not provide specific advice on which MCC to select.

Selecting a MCC Code:

In the process of setting up payments within Stripe, doulas have the flexibility to choose the MCC that feels right for their practice. This choice should align with the nature of the services offered. If unsure, it may be beneficial to consult with your financial advisor or the issuing bank for guidance.

Card Declination:

In the event that a card is declined, it's essential to understand that many HSA and FSA accounts will still allow clients to reimburse themselves for medical-related expenses. Clients can use personal funds initially and then seek reimbursement from their accounts. Clients can keep records of their transactions and submit claims to their respective accounts for possible reimbursement. It's advisable to check with the specific HSA or FSA program for their reimbursement procedures.