Clinical Trials
With a customisable card programme, healthcare organisations can payout reimbursements and stipends to clinical trial participants around the world.
Improve Participant Experience
Deliver fast, secure payments through prepaid cards. Provide participants with convenient access to their funds—anytime, anywhere.
- Instant card-issuance
- Real-time loading of funds
- Accepted online, in-store and ATMs worldwide
White-Label Solutions
- Add your logo and custom design to cards
- Brand the online banking portal
- Deliver a cohesive participant experience
With 20+ trusted BINs worldwide, our virtual card programme is designed to simplify payments for your digital ad spend. No matter where your campaigns run, you can rely on fast, secure transactions to keep your media buying efficient.
Partnering with VISA and Mastercard, our virtual cards enable you to purchase media on all of the major platforms, including:
- Instant card-issuance
- Ensure compliance across regions
- Eliminate costly international transfers
Customise Access to Participant Data
- Send funds without accessing personal data
- Set user roles and permissions based on your privacy needs
- Align with strict data privacy regulations
Preferred Payout Methods for Clinical Trials
Discover the possibilities with Bopayments innovative card-issuing solutions. Choose from a range of options, selecting the card type that best suits the unique needs of your business.
Plastic Cards
Provide participants with durable, reloadable plastic cards that offer easy access to funds for study-related expenses, accepted at millions of locations worldwide, including ATMs.
Virtual Cards
Offer participants instant access to funds with secure virtual cards. Issue via email, these are perfect for online purchases and digital transactions, all without the need for a physical card.
Key Benefits for Clinical Trials
Enhanced Participant Satisfaction
Boost participant satisfaction by delivering fast, convenient payments through a custom card programme. Give them the flexibility to access their funds anytime, anywhere.
Real-Time Patient Reimbursement
Participants receive real-time reimbursements, ensuring immediate access to their funds and allowing them to manage their expenses without delay.
Expert Programme Management
With turnkey services available to cover everything from compliance management to cardholder support, you can focus on what matters most—the success of your clinical trial.
Controlled Access to Participant Information
Ensure privacy and compliance with controlled access to participant information. Customise access levels to safeguard sensitive data while still enabling efficient payment management.
Global Reach
Manage participants worldwide with a single global payment solution. Easily issue payments across multiple regions, ensuring secure transactions and convenient access to funds.
Local Bank Transfers
Cardholders can easily transfer funds to their bank account in their local currency, enhancing the overall payment experience and ensuring participants have control over their funds.
Comprehensive Payment Solutions for Every Clinical Trial
Reimbursements
Easily cover patient out-of-pocket expenses like meals, travel and parking, providing hassle-free reimbursements for participants.
Stipends
Offer fixed payments to patients or caregivers, compensating them for their time and any related costs during the study.
Automated Data-Driven Payments
Seamlessly integrate with clinical platforms like eCOA and ePRO to trigger automatic payments as participants complete key study activities.
Case Study
- Need
Global payment solution to facilitate clinical trials
- Industry
- Head Office
United States
- The Merchant
With over 80,000 employees in more than 100 countries, our client is a prominent clinical research organisation (CRO) that specialises in supporting companies with late-stage clinical trials.
- The Challenge
Overseeing countless clinical trials and medical studies around the world, our client was in need of a global, multi-currency, integrated payment solution. They required something that would allow them to quickly and easily facilitate expense reimbursements and per diems to their tens of thousands of patients around the world. In addition to requiring a solution that was integrated and customised to meet their per study reporting and budgeting requirements, the solution also needed to offer a convenient experience for the patients.
- The Solution
This organisation partnered with Bopayments to develop a customised card programme that solves all of their global, multi-currency, expense reimbursement and patient per diem needs. With Bopayments proprietary card programme management platform, our client can now easily disburse payments to patients on-site, or participating from home. The Bopayments platform is integrated with their data management system, providing a seamless payment solution to keep track of and disburse payments throughout the lifecycle of various studies.
- Results
- Visa prepaid card programme facilitating real-time payments to patients globally
- Convenient payment option for patients to accessibly receive funds
- Integrated payment process with customised reporting to track payments with their trials and sites
- Streamlined global, multi-currency, integrated payment system to improve patient reimbursement and payment experience
- White-label cardholder online banking tool for a seamlessly branded patient experience
Power Your Clinical Trials with Reliable Payment Solutions
Ensure your participants are paid on time with a custom solution designed for stipends, reimbursements and more. Contact us today to explore payment options tailored to your clinical trial needs.