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The Inventory Information Approval System, or IIAS, is a point-of-sale technology used by retailers that accept FSA debit cards, which are issued for use with medical flexible spending accounts (FSAs), health reimbursement accounts (HRAs), and some health savings accounts (HSAs) in the United States.
Express Scripts Holding Company is a pharmacy benefit management (PBM) organization. In 2017 it was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the United States. [2]
Since their inception in 2005, [2] Micro Markets have witnessed steady adoption, with substantial growth between 2012 and 2016. [6] During this period, active Micro Market locations increased by 574%, from 2,642 in 2012 to 17,806 in 2016. [6] Micro Market sales grew by 42% between 2015 and 2016, [6] accounting for 20% of total sales. [7]
AllianceRx is the combined entity that Walgreens and its then-partner and PBM Prime Therapeutics formed in 2017 that will merge into the new business unit in August.
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Merchant services is a broad category of financial services intended for use by businesses. [1] In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC / RFID enabled device.
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In February 2023, Block reported that Square served 4 million merchant clients over January-December 2022. [7] According to the company, its "larger business customers", identified by Square as generating more than $500,000 in annualized gross payment volume (GPV), made up 40% of its seller base in the third quarter of 2022.