Lowes Foods to Launch Biometric Payments, Check Cashing
WINSTON-SALEM, N.C. -- Lowes Food Stores, Inc. here plans to begin offering biometric payment options to its North Carolina customers this spring, as the first step in a strategy to install systems in all 108 Lowe's Foods Stores by 2004.
The chain's customers in the North Carolina market have already begun using Herndon, Va.-based BioPay's Paycheck Secure to quickly and securely cash payroll checks. Paycheck Secure uses biometric technology to electronically capture a customer's finger image and then record payroll check transactions associated with that person.
The biometric payment service allows shoppers to pay for purchases with the touch of a finger. There is no cost for customers to enroll or use the program. To enroll, the customer gives the clerk his or her driver’s license or other ID, which is entered into BioPay's database. At the same time, the customer's index fingers are scanned. The customer's preferred checking account is recorded, as well as any loyalty card and age information. Once enrolled, the customer can pay with his or her finger at any retailer in the United States that features BioPay.
More than 1.5 million consumers are enrolled in Paycheck Secure, making it the most widely used retail biometric system in the nation.
Lowes Foods employs 8300 people and operates 108 stores in North Carolina, South Carolina and Virginia. The company was founded in 1954.
The chain's customers in the North Carolina market have already begun using Herndon, Va.-based BioPay's Paycheck Secure to quickly and securely cash payroll checks. Paycheck Secure uses biometric technology to electronically capture a customer's finger image and then record payroll check transactions associated with that person.
The biometric payment service allows shoppers to pay for purchases with the touch of a finger. There is no cost for customers to enroll or use the program. To enroll, the customer gives the clerk his or her driver’s license or other ID, which is entered into BioPay's database. At the same time, the customer's index fingers are scanned. The customer's preferred checking account is recorded, as well as any loyalty card and age information. Once enrolled, the customer can pay with his or her finger at any retailer in the United States that features BioPay.
More than 1.5 million consumers are enrolled in Paycheck Secure, making it the most widely used retail biometric system in the nation.
Lowes Foods employs 8300 people and operates 108 stores in North Carolina, South Carolina and Virginia. The company was founded in 1954.