Pay By Touch Forecasts 6,000 Stores on Biometric Payments By YE2006
Jonathan Birchall reports for the Financial Times on Pay By Touch's plans to expand from 300 stores today equipped with its biometric payment service to an estimated 6,000 stores by the end of next year.
John Morris, chief operating officer, said he expected at least 6,000 stores to be using the company’s payments system by the end of next year.“In the first week of January we begin a pace of 60-100 a week, and we’ll be rolling very rapidly. By the end of [2006] we’ll have safely 6,000 and maybe a thousand more than that.”
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