Pay By Touch
From Wikipedia, the free encyclopedia
Pay By Touch was a privately held company which enabled consumers to pay for goods and services with a swipe of their finger on a biometric sensor. It allowed secure access to checking, credit card, loyalty, healthcare, and other personal information, through the unique characteristics of an individual's biometric features, thereby creating a highly secure anti-identity theft platform.
The company was based in San Francisco, California with 10 offices worldwide. Pay By Touch had over 800 employees and provided retailers with products in biometric financial transactions, biometric age verification, loyalty and personalized marketing, and payment processing. On March 19th, 2008, without notifying their customers, Pay By Touch shut down and is no longer in operation.
[edit] External links
- Pay By Touch company website
[edit] References
- http://www.biometricpayments.blogspot.com - Pay By Touch Blog
- WKYC, October 20, 2006 - 'Pay by Touch' lets your fingers pay for groceries
- AMR Research, Thursday, December 08, 2005 - Pay by Touch To Acquire BioPay: Pointing at Retail Biometrics
- The Midcounties Co-operative - Pay By Touch Goes Live in the UK at The Midcounties Co-operative - Finger-touch payment system available at three Oxford locations
- Cooperatives UK, 2006 - Pay By Touch Goes Live in the UK - Shoppers and members at The Midcounties Co-operative now have the option of quickly and securely paying for their groceries using a finger scan linked to their bank account.
