Pay By Touch Goes Online
Max Fomitchev writes to tell us that Pay By Touch, the biometric identification service, has announced an online version of their service. While currently the only implementation of this service is in the brick-and-mortar storefront of Star Markets grocery stores, the company hopes that online vendors will start signing up soon.
Finally, the world of "Back to the Future" is coming to us! Now if I can just get that hoverboard I've always wanted....
What about strip clubs?
FTFA: "allows making online purchases with a slide of a dinger across the scanner" (emphasis mine)
really.. a dinger..? you don't say...
The whole fingerprint-for-payment-at-the-store thing has been debated here plenty before, so i'll steer clear of it.. but TFA (well, TFblogpost) is centered around Pay By Touch launching a service that lets you scan your fingerprint at home and autopay at various online websites with a simple swipe of your finger. I don't know who steered them down this path, but they should be fired.. promptly.
I can recall several dotbombs that had this same business model (an e-wallet that had all your info in it already so all you needed to do was purchase from participating vendors and a username/password/whatever was all you'd need to make each purchase), and they all failed miserably. Anyone remember flooz? Maybe i'm just a cynic and these guys will have a fresh new approach that will catch on like wildfire.. but it seems a nonstarter to me, since none of the failed dotcoms so much as required you to have a biometric scanner in your home.
I am Jack's complete lack of surprise.
Inevitably, this issue will come up. Traditionally, if your credit card or bank card is compromised, you can simply cancel it and acquire a new one but what about biomatric data used for identification ?
They say: "Your finger is unique to you, which means only you can access your financial accounts. The Pay By Touch service helps protect you from physical or identity theft. Because there's nothing to carry, there's nothing to be lost or stolen."
Really?
What about the fingerprint information you're evidently (there's nothing to carry) sending over the wire? No way to intercept that huh? How about the fingerprints you leave on just about everything you touch? No way to lift those off of that surface and to use them on a scanner, in the case of on-line purchases, a scanner that's right there beside you without anyone looking over your shoulder to see you're actually using your own finger and not some copy made out of gummy bears.
SCO employee? Check out the bounty
If there is a fraudulent transaction, and someone can argue (albeit wrongly) "the only way the transaction could have happened is with your fingerprint" - won't this make it harder to dispute a charge?
Indy Media Watch-Proctologist of the Internet