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

    October 22nd, 2009

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

    September 25th, 2009

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

    August 4th, 2009

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.

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Adopt a Banking Mentality

Whether you love them or loathe them, financial institutions have the most extensive payment management expertise of any group in the world. They serve as an example of how healthcare providers should handle payments, especially cash payments, using a systematic, streamlined process.

To read more about adopting a banking mentality toward payments, Click Here.

Why Electronic Bill Payment Is Growing

The majority of respondents – 51% - in a recent survey conducted by CheckFree cited the environment as a reason why they use EBPP services.  Saving time and gaining control over their finances were major benefits cited by 44% of respondents.