News | February 18, 2009

Secure EDI Integrates VeriFone IPCharge

SAN JOSE, CA - VeriFone Holdings, Inc. (NYSE: PAY) today announced that its IPCharge Web-based payment gateway has been integrated with Secure EDI’s state-of-the-art platform to consolidate patient payments with the healthcare claims process.

Secure EDI is a recognized market leader as a value-added HIPAA transactions intermediary for medical, dental and institutional providers. The company also creates seamless electronic interfaces and support services for both payers and providers. IPCharge provides consolidated payment processing, settlement and reporting capabilities that enable Secure EDI to efficiently integrate patient payments with the claims reconciliation process at the healthcare practice level.

“Secure EDI wanted to provide a PCI-compliant, real-time card payment solution for our clients, and we chose IPCharge because it is easy to integrate and it is developed by the leader in the electronic payments market,” said Secure EDI Vice President Joseph Gonzalez. “The advent of consumer driven health plans, co-payments, higher deductibles and the shift of financial responsibility to patients requires providers to have payment acceptance solutions that integrate with their practice management and reconciliation systems for efficient revenue management.”

IPCharge is a hosted service that accepts all major payment types and supports multiple payment processors in a real-time environment over the Internet. Integration of IPCharge into Secure EDI’s platform will make it easy for providers to track payments, automate processing of those payments and reconcile patient accounts.

“IPCharge was built from the ground up to support easy setup, billing, and reporting,” said Robbie Lopez, VeriFone senior vice president and general manager, Software Solutions. “Healthcare providers will be able to more easily accommodate consumer demand for card payment options through Secure EDI’s integration of VeriFone’s electronic payment solution.”

VeriFone payment processing software solutions enable businesses of all types and sizes to quickly and securely process electronic payments. VeriFone offers compelling PC-based, payment gateway and OS independent solutions - from standalone applications to customized, enterprise level payment servers - that meet nearly any need.