November 06, 2007

Biometric Gas Pumps & Pay By Touch

Test by Shell is going on in Chicago with 10 statiosn there. Customers scan fingerprints at kiosk and literally pay by touch...In unrelated news it appears "Pay By Touch" is re-evaluating its focus and may turn to targeted marketing services and sell it biometric payment technology assets.

Fingerprints pay at the gasoline pump

Staff report

Drivers soon may be able to pay for gas with a simple fingerprint scan. Ten Shell stations in Chicago are testing biometric systems that let consumers scan their fingertips on a payment device. The systems are directly linked to customers' checking or credit-card accounts.

"When we talk to customers, they're always looking for ways to make buying gasoline quicker and easier," said Chris Suess, Shell's manager of global refueling innovations. "They don't want to carry more cards, kits and key chains, and they want it to be free."

Customers initially will scan their fingerprints at a kiosk inside the gas station and can link payment information there or online.



Pay By Touch reevaluates organization focus
Monday, November 5 2007

Pay By Touch LogoPay By Touch, which has made a major push in point of sale biometric payments, is refocusing their business, according to the current issue of The Nilson Report, a major payments newsletter. "Pay By Touch has shifted its focus away from being a company that provides biometric-based payments at the point of sale to becoming one that provides target marketing services," the report said. "As a result, its payment processing assets are no longer part of the company’s core business and are being considered for sale. Those assets include Pay By Touch Payment Solutions and Pay By Touch Processing, which handle merchant card processing contracts and a proprietary card-not-present gateway." Despite the seemingly bad news for the company, Pay By Touch did confirm that Shell Oil will be the first gas station chain to test biometrics-at-the-pump. Shell said it would be piloting the devices at 10 Chicagoland retail stores.

Posted by staff at November 6, 2007 07:48 AM