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Use Your Driver's License as a Debit Card

Tags » ACH, Checking Accounts, Debit Cards  » Comments (0)

Kerry Miller reports for Business Week about a two-year-old company called National Payment Card that enables payments using a consumer's driver's license and a PIN - with the transaction linked directly to the consumers checking account. According to Miller, "NPC started piloting the patent-pending technology at a handful of gas stations in Texas this January. Since then the company has signed contracts to roll out the system to five regional convenience store chains starting in June."

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