Friday, August 12, 2005

Biometric Payment Methods Debut

From Convenience Store News:

"Customers at the Express Mart in Arnold, Mo., can pay for items using their fingertips now that the convenience store is equipped with BioPay. The store is the first in the state to offer this type of technology, the company reported.

"Express Mart LLC, a division of Home Service Oil Company, is a 10-store chain in the Jefferson County, Mo., area. They are branded Citgo and Phillips 66.

"BioPay uses a person's unique finger image and their chosen BioPay number (usually a phone number) to authorize a secured debit direct from their checking account. The one-time enrollment can be completed at any merchant that offers the biometric payment service and the entire process takes less than two minutes. Once enrolled, the customer can purchase in seconds with their finger at any BioPay payment location across the United States. The BioPay service is free to the consumer."

It's a pretty interesting concept, but I wonder how many people will be willing to trust an unknown third party with a database of their biometric information.

Read the rest of the article here.

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