InstaMed Blog Archives

Two Decades Later: How Apple Has Impacted Healthcare Payments

On December 12, 1980, Apple launched the Initial Public Offering of its stock to the investing public. When Apple went public, it generated more capital than any IPO since Ford Motor Company in 1956. Let’s just say if you would have bought $1,000 worth of Apple stock in 1980, you very well could be a millionaire today! Apple’s technology has transformed the everyday consumer as we now expect simple, convenient experiences with everything we do, including healthcare. I wanted to

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What Piece of the Security Pie Are You Most Thankful For?

Thanksgiving not only marks the start of the holiday season – it’s also a time to reflect on what you’re most thankful for. As a security officer, I am thankful for all the payment technology that helps prevent data breaches in healthcare and that make processing payments secure and convenient. I can pay where I want, how I want and when I want, all with confidence that my information is protected.

What piece of the security pie are you thankful for

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Embracing Digital Wallets, Tokenization and Apple Pay

In the first edition of our Security Corner, I explained some key terms and acronyms that frequently appear in discussions about healthcare payment security. I also had the opportunity to elaborate on those explanations at the InstaMed 2016 User Conference earlier this month. But those terms, while important, do not begin to cover the span of the payment security industry. Plus, new terms are popping into our vocabulary on a regular basis, as the payment industry continues to advance and

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Why Healthcare Needs Apple Pay

Guest Blogger: Chris Seib, CTO and Co-Founder of InstaMed

Apple Pay has grown to 700,000 locations in the six months since its initial release in September 2014. Of these merchants accepting Apple Pay, consumer adoption of this payment type has increased rapidly as well, with major retailers reporting up to a 400 percent increase in Apple Pay transactions.

It would seem the rapid success of Apple Pay is attributed to simply offering consumers the ability to make payments from their mobile device.

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