The Future of Credit. In a story from smh.com in Australia, the author describes the revolutionary technology that will make credit cards obsolete. Based on fingerprint analysis technology, a San Francisco based company, Solidus Networks, Inc., has created a device that reads a customer's fingerprint and links it with the customer's credit or debit card account. The customer need only present valid identification and seven-digit password to pay for his purchases. The Thriftway in West Seattle is testing this pay-by-touch system, while McDonald's is testing it in California and Blockbuster is testing the machines in Texas and New York.
Posted by franchiselawblog at November 10, 2003 08:34 PM