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Technology Stocks : VeriFone Holdings, Inc. (PAY)
PAY 35.48-1.8%3:59 PM EST

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From: JakeStraw2/15/2011 8:09:50 AM
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VeriFone and LifeNexus Partner to Make Personal Health Records as Easy and Secure to Use as Payment Cards
finance.yahoo.com

February 15, 2011

SAN JOSE, Calif. & BROOMFIELD, Colo.--(BUSINESS WIRE)-- VeriFone Systems, Inc. (NYSE:PAY), the global leader in secure electronic payment solutions, and LifeNexus, Inc., the developer of the iChipTM and Personal Health Card®, today announced an agreement to provide iChip acceptance software on VeriFone payment acceptance solutions. The LifeNexus Personal Health Card is the first multi-purpose electronic health card utilizing the embedded iChip for securely maintaining an individual’s health record and incorporates a payment card option.

Making iChip acceptance software available on VeriFone systems at pharmacies, hospitals and physician offices makes it easy for consumers to securely exchange their private healthcare information with providers. With the Personal Health Card, consumers can carry their health records in their wallet, use it as easily as a credit or debit card, and with the payment card option can even pay for services and co-payments.
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