April 12, 2019 AxiaMed Announces Support for New Payment Device Families and Functionality
New Products Will Help Company Support Emerging Trends in Patient Payments
SANTA BARBARA, CA, April 12, 2019 – AxiaMed, an innovative healthcare payments technology company, today announced support for two new payment device families, Ingenico’s TETRA and PAX Technology’s Android-based payment terminals.
AxiaMed’s Payment Fusion 2.0 will support new devices from Ingenico’s Lane, Desk, and Move Series. In addition to offering improved performance, these products will support PCI PTS V5, the latest available security standard for this product range.
Additionally, in anticipation of the growing demand for Android-based payment devices, AxiaMed has announced support for PAX’s products for countertop, mobility, and multi-lane use cases. AxiaMed will also support the PAX Aries line of Android tablets with integrated payment functionality. PAX Technology is one of the top three manufacturers of smart payment devices worldwide.
All new devices are expected to be available from AxiaMed by the end of 2019, if not sooner. “Our continuing support for Ingenico payment devices provides our partners and customers with a logical migration path for the current installed base,” said Randy Clark, CEO and co-founder of AxiaMed. “AxiaMed’s support of the Android-based PAX family creates even more device options as well as enabling more patient-facing functionality to be available on point-of-care payment devices.”
Separately, AxiaMed received “end-of-life” product notifications from Ingenico for the Telium 2 iPP320 PCIv4 and iSC250Touch PCIv3-4. There has been no end-of-life notice for the Telium iSMP4. The iPP320s and the iSC250Touch devices will be available for new orders through December 31, 2019 with a final shipment date of March 31, 2020. Both products will continue to be supported by Ingenico and AxiaMed for several years (through March 31, 2023).
Additional details for partners and customers that wish to begin to migrate from Telium 2 to TETRA will be available shortly.
AxiaMed is a healthcare financial technology company focused on facilitating patient payments. AxiaMed’s Payment Fusion is a cloud-based healthcare payment platform that integrates into various EHR/PMS, revenue cycle, patient engagement, and other software applications to provide flexible patient payment options with industry-leading features and optimal workflows.
Architected uniquely for the healthcare industry, the Payment Fusion platform provides unprecedented enterprise-level security, financial interoperability and ease of scale for any healthcare organization. Payment Fusion specifically serves the patient payments needs of the healthcare ecosystem by significantly optimizing collections, providing global reporting across systems, enabling remote monitoring and management of devices, and reducing security risk/compliance burden of healthcare organizations.
AxiaMed is headquartered in Santa Barbara, CA with executive offices in Nashville,TN. For more information, please visit https://www.axiamed.com.