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Table of Contents

Lead Story

Transformation: Checks in the 21st century

Patti Murphy
The Takoma Group

News

Industry Update

Heartland files suit, claims processing scheme

Count down to ETA registration

Pay By Touch sued by employees

Global Discover-y

Black, cyber and green, shoppers appear keen

Alternative payments shake-up

Features

AgenTalkSM:
Craig Thomson

Mobile tech and the ATM

Travis K. Kircher
ATMMarketplace.com

Industry Leader

J. David Siembieda –
Man on the move

Views

Counting our blessings

Paul Rasori
VeriFone

Small merchants mean big future

Jeff Fortney
Clearant LLC

Education

Street SmartsSM:
Sale away, team

Dee Karawadra
Impact PaySystem

Office shopping done for you

Joel and Rachael Rydbeck
Nubrek Inc.

Make the most of your sales meeting

Maxwell Sinovoi
United Bank Card Inc.

Why use an executive recruiter?

Curt Hensley
CSH Consulting Inc.

B2B: Pedal to the floor

Aaron Bills
3Delta Systems Inc.

Company Profile

World Gift Card

New Products

High-tech data security in your wallet

Product: Emue Card
Company: Innovative Card Technologies and Emue Tec

Fast, photogenic PCI-compliant card reader

Product: Optimum L4150
Company: Hypercom Corp.

Inspiration

Open letter

E-mail for efficiency, phone for nuance

Get into the giving spirit

Miscellaneous

POScript

Departments

Forum

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

December 10, 2007  •  Issue 07:12:01

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Pay By Touch sued by employees

On Oct. 31, 2007, four employees of Pay By Touch Inc. filed involuntary bankruptcy against the company, claiming they are owed more than $60,000 in back wages.

Then, in early November, payment industry insiders reported Pay By Touch was backing off on its innovative pay by fingerprint technology.

Its merchant card processing businesses are being considered for sale, including Pay By Touch Payment Solutions and Pay By Touch Processing, both of which are integrated with the proprietary fingerprint scanning device.

Pay By Touch's technology involves the use of a consumer's fingerprint to make purchases at the POS, instead of swiping a credit card through a reader. This payment alternative was touted as both convenient for consumers and secure for merchants because it offers unique user authentication and security.

Founded by John P. Rogers in 2002, Pay By Touch currently has more than 700 employees and has finger scan devices in 2,400 locations nationwide, such as SuperValu Inc.'s Albertsons, Chicago area grocery stores SuperValu's Cub Foods and Jewel-Osco, Piggly Wiggly Co. stores in South Carolina and Georgia, and Hy-Vee Inc. stores in the Midwest. Most recently, Pay By Touch entered the petroleum sector by launching its biometric payment system at 10 Chicago-area Shell Oil Co. gas stations.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services