The future of claim payments
Our mission is to pave the way for fast, simple, and complete claim payments.

Our commitment
Optum Financial delivers better claim payment experiences. With the insurance industry’s only payment solution, we provide new payment options and streamline every aspect of the payment process. As a result, companies trust us to create configurable payment solutions that lower costs, boost efficiency, drive higher electronic payment adoption and maximize ROI–guaranteed.
By replacing checks with fast and secure electronic payments and remittance advice, Optum Financial simplifies the reconciliation process while also eliminating processing and management costs.
Our proprietary, best-in-class software; patented claim payment technology; and decades of financial and insurance payment expertise have made us an industry leader. We are committed to expanding that leadership by continuing to develop breakthrough payment technologies that shape business and customer trends.
VPay is now part of Optum Financial. Our shared focus, to modernize payments in healthcare and insurance has brought us together to advance and transform the way payers pay, and providers get paid.
Elisa Logan
Vice President, Growth
Our history
VPay began in 1987 as StoneEagle Services, Inc. We issued our first virtual card in 2002 for auto warranty and our first virtual card for healthcare payments in 2008. In 2010, we were awarded a patent for the Medical Benefits Payment System that is part of our healthcare virtual card solution, and we successfully defended that patent family in U.S. District Courts and the USPTO (Pat. No. US 7,792,686, reissued as Pat. Nos US RE43,904 and US RE44,748).
With more than 180 experienced employees in our Plano, Texas headquarters, we excel at supporting our clients and partners by providing the expertise they need to meet their diverse project requirements.
VPay was acquired by Optum Financial, Inc. in December of 2020.

2002
Introduced virtual claims payment cards for auto industry, helping eliminate fraud and improve payer reconciliation
2007
Introduced virtual cards for claim payments to healthcare providers
2009
Established in-house check and ACH processing, treasury management platform and provider relations call center
2012
VPaid® trademark issued
First workers comp virtual card payment made
2014
Granted a broadening of the medical benefits payment system patent (Pat. No. US RE44,748)
2016
Over $10 billion in payments processed for clients in multiple insurance segments
2020
Released mobile expedited payments for claimants and members.
Acquired by Optum Financial, Inc.
2006
Applied for medical benefits payment system patent
2008
Optum Financial trademark issued
First healthcare virtual card payment made
Built issuing card processor platform, authorizing all virtual cards issued by Optum Financial through the Mastercard network
2010
Virtual Card trademark issued
Granted patent for (Pat. No. US 7,792.686) medical benefits payment system (Reissued as Pat. No. US 43,904)
2013
First consumer directed health virtual card payment made
2015
Jury awards Optum Financial judgment against a competitor for infringement of Patents
2018
Optum Financial receives NACHA certification
Introduced mobile expedited payment solution
2021
HITRUST CSF certified
2002
Introduced virtual claims payment cards for auto industry, helping eliminate fraud and improve payer reconciliation
2006
Applied for medical benefits payment system patent
2007
Introduced virtual cards for claim payments to healthcare providers
2008
Optum Financial trademark issued
First healthcare virtual card payment made
Built issuing card processor platform, authorizing all virtual cards issued by Optum Financial through the Mastercard network
2009
Established in-house check and ACH processing, treasury management platform and provider relations call center
2010
Virtual Card trademark issued
Granted patent for (Pat. No. US 7,792.686) medical benefits payment system (reissued as pat. no. US 43,904)
2012
VPaid® trademark issued
First workers comp virtual card payment made
2013
First consumer directed health virtual card payment made
p2014
Granted a broadening of the medical benefits payment system patent (pat. no. US RE44,748)
2015
Jury awards Optum Financial judgment against a competitor for infringement of patents
2016
Over $10 billion in payments processed for clients in multiple insurance segments
2018
Optum Financial receives NACHA certification
Introduced mobile expedited payment solution
2020
Released mobile expedited payments for claimants and members. Acquired by Optum Financial, Inc.
2021
HITRUST CSF Certified
Certifications
Certifications are one of the critical benchmark measures that provide a level of confidence regarding specific functions. Optum Financial has been recognized for our security accomplishments by the following accreditation and validation organizations.
