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e-News
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Pay By Touch goes out of business |
03.28.2008
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SAN FRANCISCO--Pay By Touch, an electronic payment service that enabled shoppers to pay through fingerprint verification, ceased operations March 19 and is no longer being accepted at grocery stores.
Pay By Touch's parent company Solidus Networks Inc., based here, filed for Chapter 11 bankruptcy protection in December and could "no longer support the biometric authentication and payment system as it currently exists, based on lack of funding and current market conditions," according to a statement on the Pay By Touch Web site.
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In 2002, Seattle-based Thriftway Supermarket was the first to implement the biometric payment system, reported Gourmet News. Other grocers that used the system included Chicago-based Jewel-Osco; Piggly Wiggly Carolina Co., Charleston, S.C.; Green Hills, Syracuse, N.Y.; and Scott's Food and Pharmacy, Fort Wayne, Ind.
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