MedZERO is the world's first mobile lending platform dedicated to serving the healthcare industry. Designed to meet a growing problem, medZERO helps people pay for ever-increasing portions of their healthcare costs. An employer benefit, medZERO enables employees to pay out-of-pocket medical bills without incurring high credit card interest or 401k loan fees.
MedZERO is a mobile application that provides employees of participating businesses immediate access to funds to pay medical costs with zero interest and zero fees. Payments are made with a pre-paid virtual MasterCard and repayment is completed over 12 months directly from payroll deductions.
MedZERO was developed through a joint venture between Portland, Oregon-based Sortis Holdings (SOHI) and Kansas City, Missouri-based Mobile Capital Group. Sortis Holdings’ wholly owned subsidiary Sortis Financial provides a national loan servicing platform and Mobile Capital Group brings a payments technology that supports millions of lending transactions used by some of the nation’s largest payroll providers.