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MagTek, InstaMed in payment transaction services for patients

Thursday 16 December 2010 10:30 CET | News

Healthcare payments network operator InstaMed has entered an agreement with US provider of magnetic reading services MagTek to deploy the latter’s Centurion Secure Card Reader Authenticator (SCRA) device for patient payments.

As a result, the Centurion SCRA device is set to enable InstaMed to offer patients payment transaction services at the point of swipe. Moreover, the Centurion SCRA device is based on MagTek’s MagneSafe security architecture, thus employing industry standard Triple DES encryption.

In addition, the device is PCI-DSS compliant and supports Magensa.net, a fraud prevention, detection and advisory service, as well as MagnePrint, a card authentication technology.


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Keywords: MagTek, InstaMed, patient payments
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce