Oh well it was a good, secure and an innovative way to make payments by Credit Cards, that is while it lasted *sighs*
Perhaps in the near future they will have ‘Pay By Retina Scan eh?
Anyhow this PAY BY TOUCH Official message is from their website :-
Singapore Time 14:59 20 Mar 2008
Pay By Touch To Shut Down All Biometric Services Immediately
Biometric authentication transactions to cease at 11:59:59PM March 19, 2008
SAN FRANCISCO – (March 19, 2008) – Solidus Networks, Inc., dba Pay By Touch, regretfully announced today that it will no longer process biometric transactions on behalf of its merchant customers and consumer membership base, as of 11:59:59PM March 19, 2008.
On December 14, 2007, Solidus Networks filed for U.S. bankruptcy protection under Chapter 11. As part of the company’s restructuring, it was determined that the enterprise could no longer support the biometric authentication and payment system as it currently exists, based on lack of funding and current market conditions.
Other non-biometric Solidus Networks business units will continue on their current business paths.
Solidus Networks extends its sincere gratitude to the shoppers, merchants, vendors, investors, partners, and employees who have been supporting the companys vision since its first biometric payment transaction in 2002.
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