NCR adopts Pay By Touch for POS and kiosks
The market for biometrically authenticated retail payments could be in line for a boost with the signing of an agreement between Pay By Touch and point-of-sale equipment maker NCR Corporation.
Pay By Touch and NCR are to combine their hardware and software solutions to provide merchants around the world with a single system and point of contact that supports biometric payment solutions. NCR's biometric-enabled point-of-sale (POS) systems are to be built for simple integration of Pay By Touch authentication and payment services.
First joint project Under the agreement, retailers using NCR's Advanced Checkout Solution (ACS) POS software and the WinEPS system (from MTXEPS Inc.) will also be able to introduce Pay By Touch services.
The first joint implementation is being rolled out in participating grocery stores throughout the Midwest USA, and the NCR FastLane self-checkout system is also Pay By Touch-ready. Integration with other NCR systems is also underway.
Kiosks added Kiosk technology is also being brought into the deal, as NCR's proprietary self-service kiosks will also act as a consumer enrolment mechanism for Pay By Touch.
The kiosks, for which the software was jointly developed by the two companies, aims to increase convenience for shoppers by allowing them to enrol, activate and maintain their Pay By Touch electronic wallets. Pay By Touch is to offer the kiosks to its customers through its reseller agreement with NCR. According to NCR, the kiosks are currently being installed by one of the top ten US supermarket chains.
Flexibility Shoppers simply include their existing financial accounts and loyalty scheme membership number to create an electronic wallet that they can use following a quick finger-scan at the point of sale. The merchant also has the flexibility to decides which types of payment accounts they are happy to accept from the Pay By Touch wallet.
Apart from the grocery retail sector, the companies are also developing solutions for the general merchandise retailing, food service, and healthcare sectors.