Fingerprint payment has arrived — continued

paybytouch.gifTwo months ago, we wrote about how fingerprint payment, long talked about, had finally arrived.

San Francisco start-up, Pay By Touch Solutions, announced $130 million in financing as it planned to roll out a way for you to use your fingerprint to pay for groceries and other goods and services.

It has since shown it is pretty serious about its pledge to be in some San Francisco areas retailers by first quarter of next year. Lately, it has gone on a pretty impressive acquisition binge. Take a look at these announcements; they are being made every couple of days. It is buying up companies that will help it market other goods to you, based on your preferences — all linked to your fingerprint. So, for example, when you’re in a restaurant, it will potentially know you like green tea, and offer you a premium Chinese brand at a discount, etc.

Yesterday, it announced it had acquired two more companies, including 7th Street Software, of Berkeley, which is backed by Alafi Capital.

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About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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