North Carolina Coffee Chain First in the U.S. To Offer Biometric Payments
Dilworth Coffeehouse Debuts "Buy With Your Finger" Technology in Seven North Carolina Stores
Herndon, VA — June 21, 2005
Charlotte, North Carolina coffee drinkers can now claim to have the fastest, most secure and convenient consumer payment option in the country. BioPay, the nation's leader in biometric transaction processing, announces that Dilworth Coffeehouse has installed its "buy with your finger" technology. With merchant pricing that starts at a nickel per transaction, BioPay's offering is significantly less expensive than Visa's typical two percent fee, and competes effectively with the cost of processing a cash transaction.
"Our customers think BioPay is intriguing, fast and more secure than other forms of payment. Now the quality of our payments technology equals the quality of our environment where you can get a great cup of coffee with free internet access," says Sandy May of Dilworth Coffeehouse, which has seven stores in Charlotte using the BioPay technology. "With BioPay payments, consumer convenience is up and retailer costs are down."
The BioPay system uses a person's unique finger image and their chosen BioPay number (usually a phone number) to authorize a secured debit direct from their checking account. The one-time enrollment can be completed at any merchant that offers the biometric payment service and the entire process takes less than two minutes. Once enrolled, the customer can pay in only five seconds with their finger at any BioPay payment location across the United States. The BioPay service is free to the consumer.
Many retailers across the country are choosing BioPay to give their check writing and credit/debit customers greater convenience when making a purchase. As a result, retailers are experiencing a dramatic reduction in payment processing costs.
Tim Robinson, President of BioPay agrees. "Our goal is to provide the convenience of a secure, wallet-less world where a person going out for a walk can easily stop by and have a coffee without having to carry a wallet or purse," said Robinson. "We also believe that retailers pay too much in credit and debit card fees and BioPay solves that problem."
About Dilworth Coffeehouse
Dilworth Coffeehouse is Charlotte, North Carolina's original specialty coffee roaster. Established in 1989, the Roastery now licenses the Dilworth Coffeehouse brand to 9 Charlotte area coffee shops, with 3 new stores in development. Dilworth Coffeehouse will open its first licensed location outside of North Carolina in the Atlanta market in July. The company, under its parent, Just Coffee, Inc., continues to focus on sourcing and roasting the finest coffees in the world and uses technology such as BioPay and free internet access to offer its customers a memorable coffee experience.
About BioPay
With 1.8 million registered consumers, BioPay's customer adoption proves that the time for biometrics is now. Over 1,000 merchants are using one or more of BioPay's smart, secure methods for processing financial and other transactions requiring identification such as payroll check cashing, loyalty programs, age verification or stored value programs. BioPay's payment service offers merchants a low-cost form of payment and gives consumers a convenient, secure and quick way to pay for purchases. BioPay's patent-pending systems for grocers, convenience stores, gas stations, liquor stores and other retailers have been implemented across the nation. For more information on BioPay and its market-leading products please visit www.biopay.com.
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