Lowes (foods) to offer pay-by-fingerprint [View All]

[BR_Parkway]

Lowes Foods plans to start testing a system that allows registered customers to pay by scanning their fingerprints at the checkout.

The fingerprint is matched to the person's checking account information on file, and the money is deducted automatically. No more writing checks, swiping cards or entering PIN numbers.

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Demand for the technology is expected to grow at a steady pace as more retailers install such systems. Estimated revenue for the industry is expected to more than double to $285.1 million in 2007 from $127.3 million this year, according to International Biometric Group, a New York consulting firm that tracks this type of technology.

Lowes benefits in other ways from the fingerprint system, said Susan Buck, director of marketing for BioPay, the Herndon, Va., company that sells the equipment.

http://www.newsobserver.com/business/nc/story/2241660p-8621703c.html