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HERNDON, Va. - Biometric payments provider BioPay LLC said today it has installed its Paycheck Secure biometric identification system in Bi-Lo supermarket locations throughout the Charlotte, N.C. area.
The 26-store deployment is part of a six-month pilot program that began in June. During the pilot program, BioPay expects to dramatically reduce Bi-Lo's losses from fraudulent check cashing and enhance customer service.
"We offer check cashing as part of our commitment of meeting the needs of our good customers," said James Wiles, Bi-Lo's loss prevention director. "Unfortunately, fraud has become a costly issue that can't be ignored. We believe Paycheck Secure will be a welcomed benefit to both Bi-Lo and our customers."