Internet Payment Exchange, Inc.

Internet Payment Exchange

Medical Billing

Cashiering for Healthcare

ROI for Electronic Services

Security

Print & Mail Services

PCI Certification

Business to Business EIPP

Solving Your Business Problems

IPayX Teams with ARM Solutions to Offer Soft Collections

Internet Payment Exchange (IPayX) is proud to announce its newest partnership with Ventura, California based Accelerated Revenue Management (ARM) Solutions. ARM will be capable of offering soft collection capabilities through one of IPayX's many types of services. This soft collections feature can be added as an option, that will present an IPayX user with the ability to recover late payments, that are between 60 to 300 days overdue, before they become bad debt. To read the full press release, click here.

To learn more about ARM Solutions, view our business partners section or visit their website at www.armsolutions.net.

The Latest at IPayX

Internet Payment Exchange Successfully Completes SAS 70 II Audit to Review Security Processes

Internet Payment Exchange, Inc. (IPayX) is pleased to announce the passing of the rigorous SAS 70 Audit process. SAS 70 (Statement on Auditing Standards No. 70) Type II is an internationally recognized auditing standard utilized by service organizations to demonstrate to clients their internal data controls and security practices. IPayX’s independent SAS 70 Audit was conducted by Plante & Moran, PLLC, a public accounting and consulting firm well-regarded in the field for its experience and credibility.
Partnership Provides Customers a Soft Collection Solution

IPayX and Accelerated Revenue Management (ARM) Solutions have joined services to give healthcare providers and commerical billers the chance to use soft collections to gather late payments without using a collection agency. This option will give the customer the opportunity to recover late payments that are between 60 to 300 days overdue, before they become bad debt.
Internet Payment Exchange Celebrates 10th Anniversary

IPayX hits a milestone of 10 years in business! With 647 customers, in various industries, IPayX's five services are being used in 47 states across the country.

Customer Testimonial

"Med USA has been a partner with Centron Data Services for over 10 years. Centron's quality of service, their reliability and adaptability to meet our needs has been paramount in our decision to continue with Centron year after year.

When Centron unveiled their EBP solution, through IPAYX, we were confident Centron had done all of the necessary comparisons and testing to ensure they were providing a quality solution to us. IPAYX's experienced implementation team was critical to us to ensure we had a well thought-out roadmap to help us implement this new solution with our clients. IPAYX's customer service department has also been responsive to our questions and needs as they arise and has made us confident that we can stand behind this product."

-- Ben Cervinski, Vice President, Med USA, Inc.

The Changing Landscape

Checks have lost their long-held dominance in the payments market, shrinking from a 46 percent share of total US payment volume in 2003 to 31% in 2006. The continued growth in the use of online bill payment solutions and the increased acceptance of debit cards at point-of-sale are the main factors driving down check volume. Online bill payment increased at a compound annual growth rate of 29.6 percent from 2005 – 2007, and TowerGroup believes it will continue to grow through 2012 – albeit at the lower compound rate of 18.7 percent.