Touch Payments (5/1/02)


FULL STORY:

Instead of letting your "fingers do the shopping" let "your fingers do the paying." Starting today, a Seattle supermarket will enable customers to make purchases in the store from their existing financial accounts with a simple touch of a finger at the checkout lane. The Pay By Touch service was developed by Indivos Corporation and is being piloted at the West Seattle Thriftway Supermarket. Customers using the free Indivos Pay By Touch service enroll one or more of their credit, debit, and checking accounts. Once enrolled, consumers access their accounts by touching a small finger-image reader linked to a credit card device or cash register and selecting their preferred way to pay: electronic check, credit, or debit. The Indivos service verifies the enrolled shopper and provides account data to the checkout lane for approval. The transaction is then routed through the conventional financial networks. For more information visit www.indivos.com.