Live Payments and Med-I-Bank, Inc. are both in the Financial Services category. Live Payments appears on bank statements in more ways (11 variations).
Live Payments is an Australian payment service provider offering EFTPOS terminals, online and virtual payment gateways, and other merchant services to small and medium businesses, including taxi, hospitality, and retail sectors across Australia.
Med-I-Bank, Inc. (doing business as MBI) is a healthcare-focused payment processor that administers electronic benefit payment cards and settlement transactions for employee health and reimbursement accounts. The descriptor “MBI SETL” on statements typically refers to a Med-I-Bank settlement related to medical or benefits payments.
| Aspect | Live Payments | Med-I-Bank, Inc. |
|---|---|---|
| Number of statement variations | 11 codes | 1 codes |
| Category | Financial Services | Financial Services |
| Typical code format | asterisk separator, numeric codes, avg 34 chars | numeric codes, avg 16 chars |
| Location in code | Often included | Rarely included |
| Average code length | 34 characters | 16 characters |
| Website | livepayments.com | Not available |
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