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Card Alliance Roots Out Paper

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Metavante Corp. has formed an electronic substantiation alliance with Value Eyecare Network Inc.

Metavante, Milwaukee, a unit of Marshall & Ilsley Corp., develops health care payment systems for use by members of health savings account plans, flexible spending account programs and other personal benefit account programs.

Value Eyecare, Ronkonkoma, N.Y., sells prescription eyeglasses and other vision-related products through a Web site at Document Link

The new substantiation deal will help Metavante card users buy glasses through the Value Eyecare site without mailing paper receipts or other paper documents to the administrators of the plans linked to Metavante cards.


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