Biometric Pay By Touch
UK pilot for Pay By Touch
The Oxford, Swindon and Gloucester Co-op is piloting Pay By Touch biometric payment technology in three stores around Oxfordshire in the UK. The system will be deployed in both self-checkouts and manned checkouts in the three stores. The San Francisco, USA-based Pay By Touch service allows customers to pay for purchases securely using finger-print scanning at the point-of-sale, eliminating the need to carry cards, cash, loyalty cards and cheque books. Finger imaging links the individual to an electronic wallet which holds their financial and loyalty programme information.
The initial enrolment process takes about one minute, as customers put their finger on a reader, enter a code, and swipe the cards they want to use. Pay By Touch technology doesn't store actual fingerprints, though - instead it creates a set of geometric points that allow for a secure identity match.
In the US, The Piggly Wiggly Carolina Co. has recently signed up to install Pay by Touch in its stores - the first four are now reported to have gone live.
Web: http://www.paybytouch.com
Posted by Craig at August 5, 2004 02:21 PM