Pay By Touch To Shut Down All Biometric Services Immediately
We've received the following announcement from Pay By Touch: "Solidus Networks, Inc., dba Pay By Touch, regretfully announced today that it will no longer process biometric transactions on behalf of its merchant customers and consumer membership base, as 11:59:59pm March 19, 2008."
On December 14, 2007, Solidus Networks filed for U.S. bankruptcy protection under Chapter 11. As part of the company’s restructuring, it was determined that the enterprise could no longer support the biometric authentication and payment system as it currently exists, based on lack of funding and current market conditions.
Other non-biometric Solidus Networks business units continue on their current business paths.
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